Owning a jet ski rental business can be a fantastic job. Jet ski rentals are in high demand and people will happily cash out for the chance to zip across the water at high speeds.
The Risks Associated With Jet Ski Rentals
Unfortunately, jet skis can be risky and present a significant amount of danger to not only the operator of the craft but also others in the water. The danger of jet skis becomes even more of a threat in situations where they are being rented by inexperienced operators. This is where jet ski business insurance comes in.
What is Covered By Jet Ski Business Insurance?
Jet ski business insurance offers a few different types of liability insurance that can go a long way towards protecting your business. The first type of liability coverage available is third-party liability coverage for bodily injuries. This type of insurance covers costs related to injuries caused to others by one of your rented jet skis.
The other types of coverage include liability coverage for property damage that covers damage caused to other people’s property and physical damage coverage that covers your own jet ski rentals.
Running a jet ski rental business is definitely not risk-free. Help protect your business today by purchasing jet ski business insurance.