Posted on 02 Apr 08
Storefront owner NSM Insurance Group has partnered with several providers of wind damage insurance for its Express Hotel Program.
The Express Hotel Program is targeted to limited service hotels located in hurricane exposed regions of the U.S. from Texas, through the Gulf States including Florida, and north to Massachusetts along the Atlantic coastal states.
"For Limited Service Hotels exposed to hurricane forces, wind is a critical piece of the insurance puzzle", said Michael Egan, director of Property Programs for the Conshohocken, Pa.-based firm. "Now we can bundle comprehensive property and casualty coverage with the leading providers of catastrophic loss insurance in the industry".
The Express Hotel Program has specialized in franchised and non-franchised Hotels and Motels. We offer a portfolio of exclusive products designed for hotels and motels including resort properties.
Top Rated Carriers
Standard ISO forms
Replacement Cost or ACV
Standard Accord Applications
TIV to $10,000,000
All Construction Acceptable
No Wind coverage in Tier 1 Counties
Minimum deductible of $1,000- Higher Available
Agreed Amount Available
Protection Plan- For a flat premium of $250- which includes:
Ordinance & Law
Innkeepers Legal Liability
Robbery & Safe Burglary “Form Q Only”
Assault and Battery Coverage Included
Both Franchised and Non-franchised okay
Timeshares and “Condotels” acceptable
Maximum of 6 stories
Hired & Non-owned auto and employee benefits liability optional
Large, Medium and Small Properties
For more information, visit their storefront at www.programbusiness.com.
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