Essential Insurance for Jet Ski Rental Businesses

Whether you’re an individual or a jet ski rental business owner, we can offer an insurance solution that provides limits of up to $20 million in liability insurance coverage. The specific types of liability protection include:

• Third-party liability for bodily injury: Pays for the injuries you cause to others due to an accident when operating a personal watercraft. Your insurance can cover the injured party’s medical bills and any awards resulting from a successful lawsuit against you, up to policy limits.
• Third-party liability for property damage: Covers the damages you cause to the property of others (but not your own), up to policy limits.
• Physical damage: Pays for damage the rented equipment suffers while in the renter’s custody and control, up to policy limits.

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 replacements. The right liability coverage will reduce your risk and help prevent a significant financial loss.

If you operate a jet ski rental company and need to provide workers’ compensation insurance, you will need to purchase an external policy, as XINSURANCE does not offer this coverage.

Yes, XINSURANCE provides insurance solutions for boats and watercraft, including powerboats, sailboats, pontoon boats, kayaks, canoes, fishing boats, yachts, houseboats, dinghies, and more.

We can also offer coverage solutions for your lift eFoils and electric surfboards!

These insurance solutions are available for businesses and individuals, so if you own/operate/rent any of these, let’s talk!

You need jet ski rental insurance to help protect you when things go wrong. In life, you will learn how good your insurance partner is when what can happen does happen. XINSURANCE stands by your side when an accident, incident, claim, or lawsuit occurs. Jet ski liability insurance can protect you from significant financial loss and sometimes can be the difference between staying in business or closing your doors. In some areas, carrying liability insurance may be required.

The cost of jet ski rental insurance can vary depending on several factors, including location, rental frequency, years of experience, previous claims history, the value of the jet ski or fleet, and more. We recommend you contact us to get a more accurate estimation.

Yes, XINSURANCE can help you even if you’ve been declined, canceled, or non-renewed by an insurance company. We also help jet ski rental businesses who are just starting out and businesses or individuals with an extensive claims history. The point is we can provide an insurance solution regardless of your situation, so do not hesitate to request a quote! We step in to provide an insurance solution when others can’t or won’t!

Examples of situations where your liability insurance should protect you include:

• An accident resulting from your negligence causes damage to another watercraft
• Property damage results from your collision with a boat dock
• When traveling at a high rate of speed, you lose control of your jet ski and strike a swimmer, resulting in a severe injury or death
• You cause a collision with another watercraft, leading to injuries or deaths of individuals on the other vessel
• You’re towing a water skier or wakeboarder with your jet ski and the other party suffers an injury

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.