Nika
Member
- Joined
- Mar 5, 2016
- Messages
- 21
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Hello Everyone!
Could any of you recommend insurance companies that write B&B / Inn policies? I am the owner of a small, 5 room inn in Buffalo, NY. I recently changed our election from a sole proprietorship to a S Corp. The deed to the property was also changed to the S Corps' name. After this change was made, my insurance carrier said they could no longer extend coverage to us. They do not underwrite for corporations. I have been working with an insurance broker and the best quote I have received is twice as much as I was paying before. I am interested in knowing which insurance companies some of the other innkeepers in this forum use, especially those structured as a corporate entity. I want to make sure I am getting as many quotes as possible. Thank you so much for your feedback! Any information you have to share will be most helpful.
Could any of you recommend insurance companies that write B&B / Inn policies? I am the owner of a small, 5 room inn in Buffalo, NY. I recently changed our election from a sole proprietorship to a S Corp. The deed to the property was also changed to the S Corps' name. After this change was made, my insurance carrier said they could no longer extend coverage to us. They do not underwrite for corporations. I have been working with an insurance broker and the best quote I have received is twice as much as I was paying before. I am interested in knowing which insurance companies some of the other innkeepers in this forum use, especially those structured as a corporate entity. I want to make sure I am getting as many quotes as possible. Thank you so much for your feedback! Any information you have to share will be most helpful.