As you know, the COVID-19 pandemic has greatly impacted the hospitality industry. Businesses have had to alter their operations to comply with regulations and keep customers coming in the door. USLI’s Hospitality and Liquor Lines team continues to support business owners in a variety of ways, including:
- Lowering premium basis to account for reduced sales
- Returning premium following an audit
- Reclassifying sales to lower-rated class codes if operations have shifted to takeout or delivery
- Offering hired and non-owned auto coverage, including delivery coverage, for current USLI policyholders
- Offering value-added services and COVID-19 resources through the Business Resource Center
- Offering 10-payment Direct Bill plans for all Direct Bill accounts, regardless of premium
- Suspending inspections
- Considering risks with a prior cancellation or lapse in coverage
- Extending coverage to adjacent areas and parking lots
For more information, please contact your Hospitality and Liquor Lines underwriter.