Insights and tips on how to protect your adventure sports business, giving you and your guests peace of mind.
Commercial auto insurance plays an essential role in protecting an organization’s drivers and vehicles, providing coverage for property damage, bodily injuries and liability from road accidents. Yet, this insurance sector has been tough for a decade, with rising rates, limited options and challenging market conditions.
Commercial general liability (CGL) insurance is an essential form of coverage for all outfitter and guide businesses, but they typically come with some exclusions. Understanding these will help your adventure sport business identify potential coverage gaps, minimizing the risk of costly out-of-pocket losses.
While slip and fall incidents may sound minor, they can severely hurt customers, employees and even land your business in court. Keep reading to learn more about these hazards and prevention measures you can use at your outfitter operation.
Fires can devastate small businesses, causing property damage, loss of inventory, disruptions in operations and even endangering the lives of customers and employees.
It’s important to protect your drivers and vehicles with adequate insurance coverage. That’s why many organizations turn to commercial auto insurance, which can provide the following benefits:
The drive to and from your adventure destination requires preparation and protection equal to that of the sport your group is participating in. In particular, driving larger vehicles, such as passenger vans or buses, poses unique safety hazards and distractions beyond those faced when driving our standard personal vehicles.
Cost-driving trends have driven claims frequency to pre-pandemic levels, amplifying overall loss severity across the segment. Considering these developments, most insureds should anticipate ongoing premium increases in 2024.
Don't let safety concerns dampen your holiday spirit and turn into risk-mas. Whether it’s potential property damage or weather-related risks, winter can significantly impact your business’s operations.
Adventure sports businesses regularly face several risks that could necessitate a temporary shutdown or reduction of operations, both of which can have devastating effects. Business interruption insurance can play a key role in ensuring operations resume following a catastrophe.
Your outfitter may be hosting day camps or field trips for younger adventurers, and children can pose a few risks that you wouldn’t normally think about when hosting adults. Here are some tips to keep in mind to ensure that every age gets the most out of their experience, and safety is at the forefront of planning.