Travel Agency Tours

What Does GL Code 49333 Cover?

ISO GL class code 49333 covers travel agencies and tour operators specializing in organizing and selling package tours, cruises, and custom travel itineraries. This code classifies businesses that arrange transportation, accommodation, activities, and other services for travelers, often involving third-party vendors. It primarily addresses the general liability exposures associated with the advisory and booking services provided to clients.

Who Uses This Class Code?

This code applies to businesses such as traditional travel agencies, online travel agencies (OTAs) focusing on tours, cruise booking agencies, adventure tour operators, educational tour organizers, and destination management companies. Specific examples include companies like 'Sunshine Tours & Travel,' 'Global Adventure Guides,' and 'Cruise Line Connections.'

Common GL Claims for This Class

Common claims include bodily injury to a client due to a third-party vendor's negligence (e.g., a slip and fall at a booked hotel), financial loss due to incorrect booking information or itinerary errors, and property damage caused by a client during a tour activity arranged by the agency.

Coverage Tips for Code 49333

• Ensure your General Liability policy includes professional liability (Errors & Omissions) coverage, as claims often arise from advice given or arrangements made, not just physical premises.
• Verify that your policy extends coverage for acts of third-party vendors (e.g., hotels, airlines, tour guides) if you are held responsible for their negligence under contract.
• Understand your audit basis; for travel agencies, it's typically gross receipts, so maintain meticulous financial records to avoid unexpected premium adjustments.
• For Florida-based agencies, be aware of the Florida Seller of Travel law and ensure compliance, as regulatory issues can impact insurability and claims.