I am going to start renting out my scooters and jet ski's which insurance company's cover that? Liability
Answers: Find an independent agent who works near specialty risk insurance. If you want to sound approaching you know what you are talking nearly ask for the agent in the department who handles "surplus lines". This may help yourself to several phone calls because not every agency is going to want to or be qualified to operate with this type of risk. And as noted above it is not going to be cheap.
To find an independent agent surrounded by your area jump to this site: http://www.iiaba.net/agentlocator/findag...
Call your car insurance company. An insurance company is simply that - an insurance company. So, start with the agency that you hold insurance car or home insurance beside. OK, well, for LIABILITY ONLY, it's going to be expensive, you probably know that. You'll enjoy to contact a larger, independent insurance agency, and have them marketplace it out. Most likely you'll downfall up with a non admit carrier. I'd guess that for the squirt skis, if you rent to adults only, it's going to run you $2500 per ski. The scooters should be cheaper, I don`t know $1,000 per scooter. But it will be based on gross sale, and auditable, subject to a minimum premium, no doubt.
It shouldn't be intricate for an independent agent to place this, with freshly a small amount of research. My hesitation would be, are you going to reimburse the premium, or will the quote not get purchased because you want something for $100.
Answers: Find an independent agent who works near specialty risk insurance. If you want to sound approaching you know what you are talking nearly ask for the agent in the department who handles "surplus lines". This may help yourself to several phone calls because not every agency is going to want to or be qualified to operate with this type of risk. And as noted above it is not going to be cheap.
To find an independent agent surrounded by your area jump to this site: http://www.iiaba.net/agentlocator/findag...
Call your car insurance company. An insurance company is simply that - an insurance company. So, start with the agency that you hold insurance car or home insurance beside. OK, well, for LIABILITY ONLY, it's going to be expensive, you probably know that. You'll enjoy to contact a larger, independent insurance agency, and have them marketplace it out. Most likely you'll downfall up with a non admit carrier. I'd guess that for the squirt skis, if you rent to adults only, it's going to run you $2500 per ski. The scooters should be cheaper, I don`t know $1,000 per scooter. But it will be based on gross sale, and auditable, subject to a minimum premium, no doubt.
It shouldn't be intricate for an independent agent to place this, with freshly a small amount of research. My hesitation would be, are you going to reimburse the premium, or will the quote not get purchased because you want something for $100.