Risk Management: It is important to understand the value of risk management in life. Insurance is an important tool available to get better at financial risk management.
For those who rent out jet skis to consumers, a special kind of insurance called jet ski rental insurance offers liability protection. In the event that an accident, injury, or property damage happens while renting a jet ski, it shields the business owner from financial loss. Together with coverage for damage to the jet skis …
Every device you own has a potential accident risk, your hobby drone is no exception. Hence, it is advisable, to get drone insurance to avoid any potential risks to yourself and others. Even though hobby drones do not possess the high risk that commercial ones do, it is important that you own hobby drone insurance …
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Own a high performance boat? Love speeding at 100 mph in the waters? Make sure you have the right coverage for your boat. The right high performance boat insurance can cover a range of features such as on-water towing and labor costs, and liability coverage in case of an accident. With multiple options out there, …
Read more “9 Best High Performance Boat Insurance Companies”
Are you looking into purchasing a boat for your business? Whether you’re eyeing a motorboat to take your clients on fishing trips or a cutting-edge yacht for a party, there’s one thing you mustn’t forget: commercial boat insurance. Making sure your vessel is fully covered and compliant with marine regulations is an important part of …
What is Boat Insurance? Boatowners love their prized possession and want to protect their boats against any kind of damage. While the best-case scenario is that the boat never gets a single scratch on it, the risk of damage always lingers around. The good news is there are plenty of options to insure the boat, …
Read more “Boat Insurance Explained: 12 Best Boat Insurance Companies”