Innkeepers Insurance

Coverage Highlights

 Money and Securities

We’ll pay for loss of money or securities in connection with theft or destruction of money or securities. The limit is $5,000.

 Back Up of Sewers or Drains

If water backs up through a drain or your sump pump overflows, we’ll pay up to $10,000 on a loss resulting from water damage.

 Innkeepers Liability

If you’re legally obligated to pay for a guest’s property that is damaged or suffers a loss, we’ll cover up to $5,000 ($1,000 per individual guest).

Other Features Include…

Accounts Receivable

We offer additional coverage of up to $25,000 for accounts receivable on your premises.

Business Income and Extra Expense

This coverage applies to income you lose while your business is shut down because you’re restoring your property. This coverage also applies to added expenses that are a result of your claim.

Valuable Papers and Records

With this endorsement, lost or damaged research, records, and other information stored the “old-fashioned way,” as valuable paper, can be covered for additional coverage of up to $10,000.

When you think of keeping your workplace safe, you probably think of goggles and gloves, or secure computer passwords. But there’s another way you can make sure your company is protected: with EPLI. 

EPLI stands for employment practices liability insurance. It covers employment-related lawsuits, like discrimination or sexual harassment, for your entire company. Hastings Mutual offers tools to help manage EPLI information, including a legal expert specialized in employment-related issues, and information you can customize for your company’s specific situation.

Situations where EPLI coverage might apply can involve many different parts of your business. Make sure your company has some basic practices in place to reduce your risk of liability.

• Create effective hiring and screening programs to avoid discrimination in recruitment.
• Document everything that occurs when there’s an employment dispute and the steps your company is taking to prevent and solve conflicts between workers.
• Post corporate policies throughout the workplace and place them in employee handbooks so policies are clear to everyone.
• Show employees what steps to take if they are the object of sexual harassment or discrimination by a supervisor. Make sure supervisors know where the company stands on the behaviors that are not permissible.

Many companies feel “like families,” but employees can and do sue their employers for many different reasons. Laws and regulations can change at any time, and the cost of going to court after a claim can be $10,000 or more — a real hardship for a small business.