Sohan Patel, Program Underwriter for NSM Insurance Group's Express Hotel Program announced today the program is providing property coverage for accounts that are hit with an infestation of Cimicidae (the technical name of Bed Bugs).
The topic of Bed Bugs has been in the news often recently for the hotel industry. While the typical package policy will provide General Liability coverage for Bed Bugs, the Property policy does not provide coverage.
"Our endorsement is designed to pay costs to get rid of Bed Bugs, up to a total of $5,000 per year," said Mr. Patel. "Part of our job as a World Class insurance provider is to keep your clients covered with state-of-the-art policy forms. At NSM, we take this responsibility seriously."
The "Bed Bug" endorsement is available immediately. There is no cost to add this to new accounts, and the deductible is just $250.
NSM Insurance Group is a national commercial P&C insurance services firm that specializes in the development and implementation of industry specific programs across the United States. NSM's insurance Group products and services are distributed through a network of independent agents and brokers.