Bed Bug Infestation Recovery
Business Interruption and Extra Expense Coverage for Bed Bug Infestations (BBIR)
(Lodging Facilities)

 

Decontaminating a single infested room in a facility can cost as much as $3000, many times requiring multiple treatments. One small infestation can quickly turn into multiple affected rooms and consequently destroy a brand name. For years, lodging facilities have been faced with trying to budget for the unpredictable nature of bed bug events. With the Bed Bug infestation Recovery Program (BBIR) offered by PLIS, Inc., the lodging industry can sleep a little easier knowing that there is coverage available for the loss of revenue, decontamination expenses and extra expenses associated with bed bug infestations. Listen to our podcast interview for more insight on this program and our Bed Bug Liability Program (BBL).

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Bed bug infestations are becoming a national epidemic, racking up expenses and devastating profits. Professional Liability Insurance Services, Inc. - Underwriting Facilities is introducing the first business interruption and extra expense coverage for bed bug infestations for lodging facilities.

 

Policy Features:

• No waiting period for policy triggers

• Up to 6 month period of restoration available

• NO DEDUCTIBLE for all expenses except Decontamination Expenses (coinsurance applies for decontamination expenses)

• Loss of Lodging Revenue

• Rehabilitation Expenses:

  • Marketing

  • Overtime of regular staff

  • Other mitigation expenses

• Third-Party Remediation Expenses:

  • Customer decontamination expenses

  • Onsite customer first aid

• Extortion Payments

• Decontamination Expenses (affected lodging room and lodging rooms immediately adjacent to the affected lodging room)

  • No co-insurance for first $5,000, then 10% co-insurance applies

• Immediate and expert crisis management from Specialty Risk Management, Inc.:

  • 24/7 customer hotline

  • Assistance with regulatory authorities and requirements

  • Marketing and media control

  • Preventative resources (bed bug prevention checklists, informal questions, etc.)