Innkeepers Liability Sample Clauses
The Innkeepers Liability clause defines the extent to which an innkeeper, such as a hotel or lodging operator, is responsible for the loss, theft, or damage of guests' property while on the premises. Typically, this clause limits the innkeeper's liability to certain types of property or up to a specified monetary amount, and may require guests to use safes or notify management of valuable items to qualify for protection. Its core function is to allocate risk between the innkeeper and guests, providing clarity on responsibility and helping to prevent disputes over lost or damaged belongings.
Innkeepers Liability. The insurer will pay those sums that the Insured becomes legally obligated to pay as “compensatory damages” because of “property damage” to personal property of the Insured’s guests, patrons, or customers while such property is in the Insured’s care, custody and control and is located within the insured premises. No other obligation or liability to pay sums, or perform acts or services, are covered unless explicitly provided for under Supplementary Payments – Coverages A, B, and D. The insurer may, at their discretion, investigate any “occurrence” and settle any claim or “action” that may result, but the amount the insurer will pay for “compensatory damages” is limited as described in Section II Liability Coverage and the right to defend ends when the applicable limit of insurance has been exhausted.
a. any liability assumed by the Insured under any express contractor agreement, other than a written agreement by the insured with a guest;
b. any dishonest act by the Insured or the Insured’s “employees” or person to whom the property is entrusted;
c. mysterious disappearance;
d. any vehicle, or its equipment, accessories, appurtenances, or any property contained therein;
e. any property in the care, custody or possession of the Insured for laundering or cleaning; or
f. “property damage” to any property held by a guest, patron or customer as samples or for sale or for delivery after sale. The insured warrants that he or she will post notices, as required by statute, specifying the Insured’s liability as Innkeeper for the property of guest. Failure to do so will render this form null and void in the event of a loss.