It’s hard to find anything more exhilarating than zipping across the water on a jet ski. Depending on the model, this type of personal watercraft can achieve speeds ranging from 40 to 70 mph, which ensures a thrilling adventure for any operator. No wonder they’re such a popular item for people to rent while on vacation or a weekend getaway.
While there’s no doubt that jet skis are great fun, they also pose a significant danger to operators, as well as others in the water. Because of their high speed, a jet ski accident can result in severe injuries and even death. In many cases, renters do not have extensive experience operating jet skis, which contributes to their high risk. Consequently, obtaining liability insurance can be a challenge for individuals, as well as businesses that deal in jet ski rentals.
At XINSURANCE, we provide comprehensive liability insurance solutions for the most difficult risks, including jet skis. Whether you’ve been having a hard time finding coverage or been canceled or non-renewed by your carrier, count on us to provide a plan that meets your needs. We can even help cover any gaps or exclusions in your current policy. You’ll have true peace of mind knowing that you can protect your assets if an accident or incident that causes injuries or property damage occurs.
Whether you’re an individual or an owner of a jet ski rental business, we can offer a plan that provides up to $10 million in liability insurance coverage (or up to $20 million through our reinsurance partners). The specific types of liability protection include:
Without this insurance protection, you or your business could be on the hook for thousands or even hundreds of thousands of dollars in medical bills and property repairs or replacement. The right amount of liability coverage will reduce your risk and help to prevent a significant financial loss.
If you operate a jet ski rental service and need to provide workers’ compensation insurance, you will need to purchase an external policy, as XINSURANCE does not provide this coverage.
Examples of situations where your liability insurance should protect you include:
Also, if you loan the jet ski rental to another operator, the policy will likely cover any property damage or injuries resulting from their negligence.
At XINSURANCE, we’ll help you obtain a customized insurance plan that addresses the unique liability exposures that you or your business face. With our flexible underwriting, we’re able to accept risks that other providers tend to avoid. XINSURANCE believes in approaching each policy as a partnership, so we’ll create an all-in-one coverage plan that addresses your unique needs — no more, no less. You’ll be able to enjoy all the fun and opportunity of jet ski rental with true peace of mind.
We support the policies we offer with superior customer service, including prompt, reliable claims assistance. Our claims representatives are available around the clock to take your call and get the process started when an incident occurs.
Request a quote by filling out the form at the top of the page and completing the application that follows. Our underwriters will review the information and schedule a phone call with you to discuss your needs in more detail. If you already have a personal watercraft policy, we’d be happy to review it to determine if there are any gaps in your coverage.
Yes, we can offer physical damage while rented and or while stored. We also offer a separate policy that covers the renters for 3rd party liability and covers the physical damage of the unit while under the care, custody, and control of the renter.
No, not while rented.
18 or manufacturer guidelines.
Yes, unless you have an acknowledgment form that is required to be signed by the renter.
It is an annual term, rated off your exposure.
Yes, pending the season length.
Have more toys than just a jet ski? We can provide insurance solutions for other recreational vehicles such as snowmobiles, ATVs, aircraft, boats, and more!
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