Wister Insurance (888-241-1902), a specialty insurer based in Walkersville in Maryland, has updated the coverage included in their bed and breakfast insurance policies.
Walkersville,United States - November 1, 2022 /PressCable/ —
The insurers are proud to be continually refining and improving their policies in order to offer their valued clients the ultimate peace of mind and coverage should something go wrong. With their recently updated bed and breakfast insurance policies, Wister Insurance has now added even more inclusions to cover B&B owners from all kinds of general liability and property damage issues.
More details can be found at https://wister.insure/bed-and-breakfast-bb-insurance
The updates to their coverage for their bed and breakfast clients follow on from a recent industry report from Little Hotelier. As their snapshot explained, bed and breakfasts in the US have an average daily rate of $150, with an average of $58 revenue available per room. However, as anyone in the industry knows, what sets B&Bs apart is their intimate and welcoming size—with the average B&B being only six rooms—and the fact that 72% of them are owned by couples.
As such, Wister Insurance understands that the implications of having even one or two rooms out of commission can lead to substantial lost income, and that as typically more modest businesses, a costly insurance claim could lead to financial ruin for a boutique bed and breakfast.
That’s why their updated coverage plans are focused on exactly what B&B owners need to ensure that they can stay running or get up and running again as soon as possible following an incident.
Their policies for bed and breakfasts cover the building itself for any kind of property damage, whether it owes to a natural disaster or a bad guest. They also cover all amenities and activities offered, and include full general, personal, employee benefits, liquor and cyber liability.
As Little Hotelier’s industry research also revealed, 36% of America’s B&B’s have achieved a historical designation by a local, state or national historical preservation society. For this reason, Wister Insurance also offers every B&B owner replacement cost valuation insurance, which means owners will get a new for old replacement without any calculation of depreciation based on the age of the damaged part of the property.
Wister Insurance is a boutique insurance agency whose policies are underwritten by some of America’s most trusted financial institutions. They are proud to offer custom, personalized policies that actually deliver in a time of crisis.
A spokesperson for the insurers said, “At Wister, we understand you are in the B&B business, not the insurance business. That is what we do. Our job is to educate you on the details of bed and breakfast insurance and then deliver the right solution at the right premium.”
More information is available at https://wister.insure
Contact Info:
Name: Darren Pettyjohn
Email: Send Email
Organization: Wister Insurance
Address: 21 W Pennsylvania Ave #C, Walkersville, MD 21793, United States
Phone: +1-888-241-1902
Website: https://wister.insure/
Source: PressCable
Release ID: 89084114
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