RSA - Bed & Breakfast Insurance
Bed & Breakfast
Our Bed & Breakfast package is specifically designed for small and medium enterprises where the business owner’s private residence is used to provide bed and breakfast (B&B) accommodation for travellers.
This insurance package is specifically designed for entrepreneurs who own Bed & Breakfast Tourist Homes [SIC 7054 class only].
To be eligible for this package, the business must meet these criteria:
- It includes a maximum of 8 rooms
- If it serves liquor, the business is licensed, and liquor sales comprise a maximum of 25% of total operational sales
- The building is less than 35 years old; if older, it has been updated in the last 20 years
- Offering B&B accommodation is the primary business activity
Inns, Motels and Hotels are not eligible for this package.
This package includes the standard coverage included in our Commercial Insurance package policy, with numerous enhancements specifically for this industry, including: B&B Personal Liability Extension, B&B Replacement Cost (excluding Stock) Extension and B&B Building & Contents (Broad form) Amendment. It also includes:
B&B Voluntary Payment for Damage to Property Expense Extension
Innkeepers’ Liability Extension
$1,000/guest, up to $25,000 per occurrence
B&B Additional Buildings Extension
10% of building limit
B&B Additional Living Expenses Extension
Manuscripts and Stamp Collections
Personal Watercraft and Accessories
Garden Tractors and Accessories
Land and Water Pollution Clean-up
Contact Monarch Insurance Brokers for more information.