Jet skis are common summertime toys for use on the water. Rental companies use personal watercraft rental insurance to keep losses at bay. Use these tips to winterize the jet skis so they can enjoy another summer of fun without added costs.
The first thing to do is to remove any excess water from the watercraft prior to storage. Follow the instructions on the owner’s manual to remove the water from the cooling system. Then clean the jet ski using mild soap and finish with a fresh coat of wax. Remove excess grime from the bilge area to prep it for the coming year.
As a manufacturer, it’s vital that you carry adequate insurance coverage to protect your investment. As you contact various agents and build out your coverage, here are three simple liability coverages that you should plan to include in your policy.
General Liability Insurance
General liability protects you against third party lawsuits arising from everyday business activities. This can range from a potential client injuring themselves during a tour of your facility to a visitor’s car getting damaged in your parking lot. With the right coverage, you’ll be able to cover any legal fees and liabilities arising from such cases.