Insurance For the Aquatic Industry

Aside from birth defects, unintentional drowning is the leading cause of death for children under the age of four; it is the second leading cause for children under age 14, and the fifth leading cause overall.

But there are other things that can happen in the pool, lake, or hot tub:

• Non-Fatal Drowning: According to the Centers for Disease Control and Prevention, “For every child who dies from drowning, another five receive emergency department care for nonfatal submersion injuries.” Those injuries can lead to permanent brain damage that may include memory issues or the loss of the ability to perform the basic functions of daily life.
• Chemical Injuries: There are about 3,000-5,000 emergency room visits every year that are related to pool chemical injuries—about half of those injured are under age 18. This may occur because of improper amounts of chemicals in the water or because of an individual’s sensitivity to a particular chemical.
• Waterborne Illness: Chlorine-tolerant parasites can infect hundreds or even thousands of swimmers.
• Public Health Concerns: An infected swimmer’s saliva, blood, or urine could get in the water. Birds and other animals may also contaminate the water with feces.
• Faulty Equipment: Broken or malfunctioning water toys, scuba gear, or other equipment could lead to user injury.

Aquatic industry insurance is a specialized form of liability coverage designed to protect businesses and professionals operating in environments involving water activities, marine enterprises, or watercraft, against risks unique to their industry.

Some injuries are the result of user error or a random accident for which no one could be blamed; in other cases, the injured person may file a lawsuit against your business or employees, accusing you of improper supervision or instruction, problems with equipment, an unsafe or unclean environment, and more.

Liability insurance for aquatic professionals is one way to protect yourselves and ensure you can manage legal bills and more in the event of a lawsuit.

You may choose to add commercial property liability coverage if you own the pool, building, or property, as well as professional, participant, and general liability so you are thoroughly covered for a wide range of potential occurrences. We can work with you to customize your coverage to best suit your unique needs.

Yes, XINSURANCE can help you even if you’ve been declined, canceled, or non-renewed by an insurance company. We step in to provide an insurance solution when others can’t or won’t.

In many jurisdictions, watercraft liability insurance is mandatory for operating commercial vessels or watercraft as it protects against liabilities arising from bodily injuries or property damage caused by your watercraft.

The cost depends on several factors, including the type and size of the operation, the value of the insured assets, risk exposure, coverage limits, claims history, and more. Each policy is tailored, so costs can vary significantly. It’s best to contact us and tell us more about you and your insurance needs so we can provide a personalized quote.