Hotel Program

Civil liability protects you against material or bodily injury that you could inadvertently cause to a third party or to one of your customers anywhere in your operating territory. For example, a customer slips in front of your entryway during winter and is seriously injured. A visitor’s belongings may also be damaged by accident if the valet were to drop their suitcase. So, this coverage is essential in order to protect your business in the event of a lawsuit or a claim attributable to your business activities, your business premises or your work. It is important to carefully assess the selected limit depending on the actual risk because the consequences could be catastrophic for the survival of your business.

You welcome foreign travellers, who are often successful financially. If you face a lawsuit from them, it is very important to have an adequate insurance limit to protect yourself. We recommend a minimum of $10 million in civil liability and umbrella insurance. Umbrella coverage offers you more than civil liability.

Building insurance covers real estate, namely, walls, floors, windows, and even your company cupboards and counters against fire, theft, vandalism and much more. It also protects your electrical system, heating system and plumbing. We insure the reconstruction of your building, renovations made to your rooms as well as the underground parking lot. We strongly recommend that you make a professional assessment of your building, where 50% is paid by Lareau. Thus, you will be insured with the proper limit if an incident occurs and you will be reimbursed for the real value of your building.

This protection covers all of your personal property on the insured premises. It is all-risk coverage for the most common types of losses, such as theft, fire or damage to your appliances, clothing, electronic equipment and more. Therefore, it important to take an inventory of all the personal property you own in the rooms below so that the limit written on your contract represents the actual value of your property and its replacement value:

• In bedrooms;
• In offices;
• In kitchens;
• In the laundry room.

This insurance covers your liability in the event that the stock that you store or transport is lost or damaged. Thus, you will be protected if you are held liable for these losses and if there is a lawsuit from a third party or his insurer.

This warranty offers you protection against damage caused by the sudden and accidental failures of your equipment in order to repair or replace it. It also offers inspection services for your equipment.

The following are covered under this protection:

• Pressure vessels;
• Electrical appliances;
• Mechanical equipment;
• Electronic equipment and data losses;
• Loss of revenue.

The addition of the executive risks protection, known as “D&O”, covers the directors and officers of your business. Whether you sit on a board of directors or are a corporate executive, you could be held liable for any act of mismanagement of the company. This protection covers defense expenses that arise from allegations or lawsuits against members of the board of directors or executives of a company.

The addition of this coverage allows you to be protected for damage to your own vehicles, whether they are courtesy or service vehicles such as a shuttle.

This protection covers damage to client vehicles entrusted to you, following theft or damage in your secure areas. Valet service is also covered.

This protection not only covers liability related to the management of the private information of your customers, employees and company, but also to the management of your own data in the event of computer hacking.

It also includes these types of protections:

• Protection against accidental computer intrusions
• Coverage of costs related to data recovery
• Coverage of costs related to the reporting of data breaches

This warranty allows the reimbursement of lost profits or expenses incurred in order to maintain your normal operations in the event of a major disaster. For example, the rental of buildings or equipment as well as compensation for the reduction of your income.

Adding this protection to your commercial insurance contract allows you to cover yourself, on one hand, in the event of internal fraud, such as the embezzlement of valuables or money by employees or theft of movable property by an employee. On the other hand, this protection can be extended to cover you against external fraud, such as imitation of signature, embezzlement, false emails or social engineering fraud (CEO fraud).

This insurance provides you with expert consultant services and covers the cost associated with:

• Kidnap for ransom
• Extortion for ransom
• Being held in captivity

This insurance covers damage caused by pollution resulting from a sudden and accidental or continuous and gradual event, depending on the type of contract. As a result, your company will be protected in the event of pollution from the discharge, dispersal, release or escape of solid, liquid or gaseous substances in the atmosphere, in the water or in water lines, sewers or drainage systems. It can also include coverage against fines and penalties.

This insurance provides an indemnity in the event of loss of revenue or negative brand image as a result of an event blemishing the company’s reputation.