Pollution Liability insurance protects your business against property damage and bodily injuries due to hazardous waste materials at the time of your business operations. It protects your business' financial resources in the event that a pollution claim is made against your business and a clean-up is necessary.
Inland Marine insurance provides protection to property that is movable in nature. This insurance also covers property designed to facilitate communication, such as phone towers and rail systems.
As an employer, you are legally obligated to take reasonable care of your employees. That is why you need Workers Compensation. Workers Compensation provides wage replacement and medical and rehabilitation benefits to workers who become sick or injured due to job-related causes.
General Liability insurance provides coverage for your business when sued for third-party property damage, bodily injuries, personal injuries, libel, slander, advertising mistakes, and other related risks. The insurance pays for the defense, court fees, and even out-of-court settlements.
Your water transportation business needs insurance as this protects your business from huge expenses that could otherwise force your business to close. Insurance pays for these expenses so you don't have to, and all it takes is a small monthly fee to get your business covered.
Below are the common risks your water transportation business can face:
A worker gets injured while performing their duties. As their employer, you are legally responsible for the medical and even the rehabilitation expenses of your employee.
There is a claim that the chemical you use for transporting water has leaked into the river, polluting the neighborhood's water resources.
There is no fixed cost of insurance for your water transportation business as the cost heavily relies on the size of your business, the number of employees you have, and the coverage your business needs. If you want to find out the cost of insurance for your business, simply apply online and we'll send you a free quote immediately.
CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.
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