Ward, Hayden / Thursday, March 4, 2021 / Categories: BLOG Articles Trekking Through Outfitters & Guides Liability Waivers This article is not intended to be exhaustive, nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel for legal advice. One of the most important things you can do for your adventure sports business is create a thorough liability waiver. Waivers are required for any outdoor business where participants could be at risk while partaking in the sport. It doesn’t matter if you own a hiking business, white-water rafting company, or operate a fishing charter, having your customers complete a liability waiver before participating is a must. How Will Liability Waivers Protect Your Business? A liability waiver is a legal defense mechanism for your business. It can protect your business from liability of negligence and shows goodwill in terms of mitigation. These are a low-cost liability protection for any business and can always be enhanced. We recommend reviewing your waivers annually and including them into your business plan. If someone happens to fall out of the raft and hits their head or sprains their ankle on a hiking trail, there is a high possibility their lawyer is going to go after the outfitter and guide in charge of the business. Having the correct insurance coverage will help cover these claims. However, well-crafted waivers will help strengthen the protection you have and can ease the litigation process if ran through the courts. Liability waivers should be consulted with an attorney before put into action. They will help ensure that that your waiver meets the legal requirements, state laws, local laws, and standards for your field of business. Businesses can also create tailored liability waivers that include watercraft, firearm usage, terrain, and even climate. Don’t forget that if you are taking photos of your customers during the expedition for marketing purposes, you may need to create a release form for them to sign. Don’t Operate Without These Three Risk Management Tools All adventure sports businesses should have a business plan, the correct insurance coverage, and a strong liability waiver. You can also request your customers to fill out a questionnaire about their skill level to determine the intensity and thrill of the trip. Adventure more and worry less with the correct policy on your side. Get the protection you need today and request a free CBIZ Sattler Adventure Sport Insurance quote. This blog may contain scenarios that are provided as examples only. In an actual claim situation, coverage is subject to the terms, conditions and exclusions of the policy issued. The information provided is general in nature and may be affected by changes in law or the interpretation of such laws. The reader is advised to contact a professional prior to taking any action based upon this information. Finding Outfitter & Guide Insurance That You Love Does My Adventure Sports Insurance Cover 1099 Guides? Print 7903 Rate this article: 5.0 Tags: Adventure Sports Insurance Adventure Sports Outfitter Insurance CBIZ Sattler Business Planning Financial Planning Finances Contingency Plan Safety Loss of Income Waiver Leave a comment Name: Please enter a name. Email: Please enter an email address. Please enter a valid email address. Comment: Please enter comment. I agree This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data. You must read and accept this rules. Add comment