Jet skis are about as exhilarating as it gets. Zipping across the water at speeds up to 70 mph will give just about anyone the thrill they are seeking. However, with this thrill comes a certain amount of risk. Renting jet skis to individuals without much experience can put them in danger, as well as anyone else in the water. In turn, this also puts you and your business at risk, as you rented them the jet ski in the first place. Insurance for a jet ski rental business is a must-have if you want to keep everything running smoothly.
What Is Covered By Jet Ski Rental Insurance?
Jet ski rental insurance offers several types of coverage to make sure you are protected in every possible scenario. You can obtain liability insurance that protects you in situations where others are injured or property is damaged by a jet ski you rented out. You can also purchase physical damage coverage that will pay for repairing or replacing any jet skis that get damaged by people renting them.
How Much Does Jet Ski Rental Insurance Cost?
The cost of jet ski rental insurance can vary widely. The price you will pay depends on a few factors. Some of these factors are:
- Your location
- Your claim history
- The size of your business
Running a jet ski rental business can be risky. Jet ski rental insurance can help everything run far more smoothly.