Hotel Insurance Costs Are Rising—Here's Why
52:27
Season 5
Episode 1
In This Conversation
Insurance is one of the biggest cost pressures facing hotel owners right now — and most operators still don't fully understand why. Bryan sits down with Dan Garzella, Founder & CEO of The Garzella Group, to break down what's really driving rising hotel insurance premiums, what ownership groups are getting wrong, and how better risk management can create better outcomes.
Dan shares how he went from arriving in Arizona with $500 and no plan to building a major portfolio of insurance-related companies with billions of dollars in insured value across the United States.
The conversation covers why hospitality remains a uniquely challenging asset class for insurers, what hotel owners should communicate before renewal, and how to avoid working against yourself when shopping the market.
Key Topics
Rising Insurance Premiums
Risk Management & Loss Prevention
Broker Relationships & Renewal Strategy
In This Episode:
Why commercial property and hotel insurance premiums have surged in recent years
How inflation, reinsurance, and market conditions impact hospitality insurance costs
Common mistakes hotel owners make when filing claims or structuring coverage
Why risk management, loss prevention, and operational discipline matter more than ever
How the right broker relationship can affect insurance strategy and long-term cost
Why hospitality remains a uniquely challenging asset class for insurers
What hotel owners should communicate before renewal, and market-shopping pitfalls to avoid
Dan Garzella
Founder & CEO
The Garzella Group
About Our Guest
Dan Garzella is the founder and CEO of The Garzella Group, an independent insurance brokerage he established in 2014 after being recognized as one of America’s top commercial insurance agents for five consecutive years. He built his career on a philosophy of faith, patience, and never giving up — principles he traces back to a book on selling that his father gave him early on. Today he leads a portfolio of insurance companies managing billions of dollars in insured value across the country, with particular focus on the hospitality industry’s unique risk profile.
