According to Outdoor Insurance Group, there are six types of insurance all outdoor adventure and recreation businesses should have:
Liability insurance protects the policyholder from lawsuits that may result from business related programs or activities.
Property, Business Owner’s Policy
This coverage combines general liability and property insurance protecting owned or rented business premises and items kept in the care of the business owner.
With commercial auto insurance cars, trucks, motorcycles and other vehicles operated by a business are protected against physical damage and bodily injury resulting from accidents and traffic violations and liabilities that could be incurred as a result.
This insurance covers wage replacement and medical expenses for employees harmed during the course of their workday activities.
Life insurance pays a sum of money to a pre-determined beneficiary upon the policyholder’s death.
This liability insurance is offered for losses that are not covered by other types of insurance or whose damages exceed other coverage payout amounts.
While all of these may not apply to individual snowmobile tour insurance and snowmobile rental insurance policy holders, Outdoor Insurance Group experts work with clients to ensure that they are protected from every eventuality. They specialize in creating all-inclusive policies considering all variables including the size of an outfit, the type of activities engaged in and risks associated with these activities, number of employees and amount and type of property and equipment owned. By tailoring specific insurance plans to each snowmobile outfit, they offer the most cost effective personalized insurance plans for all snowmobile operations. Visit www.oigcorp.com for all the details about outdoor snowmobile tour insurance and snowmobile rental insurance.