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Helping a Watersports Company Keep Their Head in the Clouds
Insurance for Water Sports Companies
Over the last five years, Miami Beach Ocean Watersports has been helping thrill-seekers fly like a bird 500 feet above the water. Parasailing is big business in the U.S. with nearly 238 commercial parasailing operations across the country. Although a whole lot of fun, the adventure is also rife with risk, with incidents reported during inclement weather or even death when riders were unable to get out of their harness support system after an unexpected landing in water during high winds.
A highly unregulated sport, in 2014, the State of Florida passed The White-Miskill Act for Parasailing to help control the sport. In short, the law requires parasailing companies to maintain an insurance policy, and restricts operation during inclement weather.
XINSURANCE helps Miami Beach Ocean Watersports adhere to the letter of the law. XINSURANCE is powered by Evolution Insurance Brokers, an excess and surplus lines insurance brokerage. XINSURANCE provides customized specialty insurance solutions for ever-changing risks and liability issues, including property and casualty insurance — and coverage for unique entertainment venues like Miami Beach Ocean Watersports.
“Insurance is the first gateway to information and ensures you follow the rules and you’re protected,” says the Founder of Miami Beach Ocean Watersports. “With parasailing, there are a lot of regulations and changes to the industry. XINSURANCE calls me every year to see if there are any new regulations that need to be under and if I need any help.”
Miami Beach Ocean Watersports has a true partner in XINSURANCE. “XINSURANCE is always there for me. The experience has been fantastic. I wouldn’t want to try anyone else!”
To learn more about XINSURANCE or get a quote, please check out our page.