Americas Best Value Inn - Insurance Requirements Summary
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Insurance Coverage: Each Best Value Brand property
is required to provide Americas Best Value Inn a current Certificate of Insurance
on the Acord form.
All insurance companies shall have a current A.M. Best rating of
A or better. The insurance policies must include all of the following
items:
1. Additional Insured: Americas Best Value Inn Membership
Brand, Inc., their agents, Servants, Employees, Officers and Directors,
9305 West Sample Road, Coral Springs, Florida 33065
2. 30 days written notice of cancellation.
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ABVI requires a Certificate of Insurance on proper Acord form, providing comprehensive (Broad Form CGL) commercial general liability coverage in the amount of $1,000,000 with excess liability coverage in the amount of $4,000,000 (per occurrence/per location) – total $5,000,000. Limits must be per location and defense costs must be supplementary payments. Endorsements limiting coverage for bodily injury are not accepted.
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Products/completed operations
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Contractual insurance
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Independent Contractors
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Personal Injury
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Liquor Liability (if alcohol is served)
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Owned automobile liability (if vehicles are owned
in business name)
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Hired automobile liability
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Non-owned automobile liability
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Worker's Compensation and Employers Liability
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If property and/or signage are leased from Americas Best Value Inn Brand Management, evidence naming Americas Best Value Inn as
Loss Payee or Mortgagee.
Certificate Holder is to be named as:
Americas Best Value Brand Membership, Inc.,
Their agents, servants, Employees, Officers & Directors
9305 West Sample Road
Coral Springs, Florida 33065
Location of property
Certificate of Insurance is to be faxed to Americas Best Value Inn Brand Management
or it's authorized agent - Fax 954-575-8275, Attention: Insurance
Department, Ryan Ramsey.
Recommended agency:
Best Choice Insurance Agency, Inc.
Attn: Michael J. Boone or Pamela Hopper
15 Village Square Center
Saint Louis, Missouri 63042
314-731-1400, extension 109 or 800-829-6901
314-731-1401 (fax)
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