Motel PAK

Small Business Insurance with The IMT Group

The Motel PAK on the Wadena BOP provides enhanced and tailored coverages for motels, with the flexibility to increase or add optional coverages to meet the motel’s specific needs. Insuring your motel with Wadena Insurance means protection for buildings, business personal property, and liability exposures. It also includes coverage for business personal property off-premises, signs, newly acquired buildings and personal property, and employee dishonesty. The Motel PAK has all the coverages to keep a business owner worry free!

Property Coverage

The Motel PAK recognizes the importance of protecting your business’ tangible and intangible assets. Available property coverages include:

  • Buildings
    • Limits automatically increase a minimum of 2% annually
    • Available at replacement cost, actual cash value or functional replacement cost – the choice is yours!
  • Business Personal Property
  • Blanket Coverage
    • Available for buildings, business personal property or combination of building and business personal property
  • Personal Property of Others included in Business Personal Property Limit

Liability Coverage

The increasing number of lawsuits and high costs of legal fees makes it more important than ever in today’s world to have the best liability coverage available. The Wadena BOP understands your concerns and has included the following coverages in its Motel PAK:

  • $300,000 limit for Bodily Injury, Property Damage, and Personal and Advertising Injury. Higher limits are also available.
  • $5,000 for medical expenses for anyone other than an insured who is injured on your premises regardless of fault.
  • Defense costs are over and above the limits listed in the policy.

Coverages designed specifically for a motel and included in the Motel PAK:

  • Contractual Penalties
  • Guest Evacuation Expense
  • Guest Inconvenience Expense
  • Guests’ Personal Property
  • Guests’ Personal Property – In Safe Deposit Boxes
  • Lock Replacement
  • Lost Master Key
  • Service Errors & Omissions (E & O)

We would encourage you to find out more about our Motel PAK by contacting a local insurance agent today!