The best approach to hospitality coverage is customization since every hotel is unique by virtue of its location. It's essential to have a conversation with an insurance expert who has a lot of experience serving the hospitality industry and is familiar with your region. Discuss other risks that your operation poses that might not be evident at other hotels.
If your hotel serves alcohol, you may need liquor liability coverage, depending on the state. Ask about other add-on coverage that might not be included in a general commercial business plan, such as flooding or earthquake insurance. Another important question is whether or not an insurer can give you a discount by bundling several different coverage items under one plan.