Connect coverage to the actual operation
Resorts can combine hotels, villas, golf, marinas, beaches, pools, spas, restaurants, excursions, vehicles, events, and seasonal catastrophe exposure. Each operating unit and contractual relationship should be mapped.
Risks to review
- Recreation, water, transportation, and activity liability
- Wind, flood, wildfire, earthquake, or other catastrophe concentration
- Multiple restaurants, venues, contractors, and amenities
- Seasonal revenue and prolonged restoration
Information to prepare
- All lodging units, amenities, activities, and revenue streams
- Property, equipment, vehicles, watercraft, and income values
- Catastrophe details, emergency plans, vendors, and waivers
- Safety, staffing, seasonality, contracts, and loss history
Frequently asked questions
Can one resort policy cover every activity automatically?
Do not assume it does. Watercraft, excursions, golf, spa services, transportation, events, and other activities may require specific underwriting and coverage.
Why is seasonality important for business income?
A loss before or during peak season can have a different financial impact than the same physical damage during a slower period.
Coverage descriptions are general. Eligibility, availability, limits, deductibles, valuation, exclusions, and policy terms vary by operation and insurance market. Actual policy documents control.