Hotel owners and investors
Insurance for hotel acquisitions and operations.
Virtus reviews hotel coverage, loss history, property values, and insurance costs. We help owners and investors address brand and lender requirements during acquisitions and ongoing ownership.
Hospitality
Support for acquisitions and ongoing hotel operations.
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Acquisition diligence and closing
We review existing coverage, loss history, and anticipated insurance costs to inform your investment decisions. We coordinate the coverage decisions and next steps needed for closing around the transaction timetable.
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Property coverage and program structure
We evaluate property values, deductibles, limits, and available terms in the context of the hotel and its operations. We explain the tradeoffs so you can assess coverage and retained risk alongside the cost of the program.
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Brand, lender, and ownership requirements
We compare insurance requirements in franchise agreements, loan documents, and ownership arrangements with the proposed program. We identify differences that need attention and help coordinate the steps to address them.
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Claims advocacy and ongoing service
We help address claims and keep the program aligned as properties, operations, and investment plans change. Planned reviews and ongoing support help bring new insurance decisions into view throughout ownership.
Additional market access
More options for your property coverage.
Our access to specialized managing general agents (MGAs) and reinsurance capacity gives hotel owners additional property coverage options to consider. We evaluate those options alongside other available markets, considering the property, underwriting criteria, coverage terms, and cost. Our recommendation reflects how each option fits your hotel and investment plans.
Understand what insurance means for the investment.
- How does the proposed insurance cost compare with the acquisition or operating budget?
- What deductibles and retained exposures should ownership understand?
- Which coverage requirements need to be resolved?
- What property or operational changes should trigger another review?
Related capabilities
Coverage and services for hospitality
Planning a hotel acquisition or reviewing your portfolio?
Talk with our Hospitality team about coverage, insurance costs, and brand or lender requirements for your hotels.
Talk with our Hospitality team →