financeHotel Dive··1 min·For: Owner, GM, Ops, Investor
Hotels Face Rising Liability Premiums as Insurers Shrink Options
Hospitality insurance costs are surging due to large jury verdicts and a shrinking pool of carriers willing to cover casualty risks. Operators can mitigate premium hikes through documented staff training, active underwriter engagement, and leveraging group purchasing power.
Key Takeaways
- 1General liability rates rose 5% to 30% in early 2026, while available carriers dropped from 25 to roughly 10 over five years.
- 2Insurers increasingly demand documented, staff-wide training and monitor online reviews before offering favorable terms.
- 3Carriers are stripping out critical coverages like assault, battery, and human trafficking from standard policies.
Source: Hotel Dive
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