Running a boat rental business often includes offering personal watercraft, such as Sea-Doos and Jet Skis. If you already have these craft in your fleet, or you are considering adding them, you need to make sure your insurance provides coverage for accidents, property damage and injury for the PWCs. General boat insurance policies do not offer protection for these vessels.

Obtain Protection for PWC

PWC coverage is required for any Jet Skis or Sea-Doos you rent out to your customers. Each individual vessel needs to be included in your policy. The coverage options are similar to those you find in standard boat insurance; however, you do need to make sure that you seek specialized insurance for personal watercraft from a qualified agent or broker.

Make sure that your policy offers protection for:

  • Injury or death to another individual due to renter negligence
  • Injury or death to riders when another boater is at fault
  • Uninsured boater damages and injuries
  • Property damage
  • Craft damage to equipment, hull and machinery

You might also want to check for additional options, such as PWC recovery should the vessel sink.

Renting PWC can be a great business opportunity. Make sure that you are not placing your operations or yourself at risk of legal and financial trouble. Insuring personal watercraft is required, so procure the coverages you need to protect your customers, your craft and your business.