Loss Examples

Hotels

A Florida hotel's main air conditioning compressor was damaged by a lack of lubrication.
Physical Damage: $24,159

A toilet overflowed above a main electrical distribution panel. Water seeped into the panel and short-circuited the system, causing extensive equipment damage.
Physical Damage: $15,000
Business Income: $1,500
Total Paid Loss: $16,500

There were power surges in the area when guests began complaining of a loss of electricity and heat in their rooms. Repair crews found extensive damage to the main electrical switchgear and the heat pumps for 40 of 138 rooms. Owners were anxious that repairs be completed before the busy Thanksgiving Holiday.
Total Paid Loss: $108,602

Loose bus bars shorted out the electrical panel that supplied the HVAC system, setting off sprinklers and cutting off all power. Guests were rented rooms at another hotel before temporary equipment and generators were installed.
Physical Damage: $87,500
Business Income: $28,591
Extra Expense: $30,081
Total Paid Loss: $146,172

The basement of a hotel filled with rainwater which intruded into and damaged the boiler, electrical system and electronic equipment. Guests were evacuated due to a lack of electricity, phones, hot water and air conditioning. The hotel was closed for 10 days.
Equipment $110,027
Business Interruption: $69,246
Total Paid Loss: $179,273

A power surge damaged a fire alarm system and call-accounting system in a five-story airport hotel.
Total Paid Loss: $72,412

A resort hotel lost its entire 700-phone line when water from the air conditioning system backed up and damaged the PBX phone system.
Total Paid Loss: $100,000

An elevator logic control circuit, motor and generator set for a 15-story hotel was damaged by an electrical short circuit.
Total Paid Loss: $30,500

Electrical distribution panel overloaded, closing a hotel for three days.
Total Paid Loss: $107,964

A compressor motor broke down, causing a partial loss of air conditioning during a July convention, resulting in a loss of 50% occupancy.
Physical Damage: $29,512
Business Interruption: $43,854
Total Paid Loss: $73,366

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