Looking for the best golf insurance can be challenging, but there are ways to find a good plan. Insurance is just as essential for golf courses as for any other type of business. Considering the many risk exposures such facilities regularly face, golf course insurance is even more crucial.
As an insurance agent, part of your job involves helping clients manage these risks. It, in turn, requires steering them toward the right path regarding golf course liability insurance.
Tee-to-green coverage is the obvious choice for golf course owners. As the name implies, this type of insurance covers multiple aspects of operating a golf facility and many risk exposures. So if your client is looking for an appropriate policy, tee-to-green coverage is the first option.
Best Options to Finding the Best Golf Course Insurance
Of course, there is more to finding the best golf course insurance than settling on the first policy available. You and your client will need to work closely together, analyzing risks and assessing their needs, and developing a package that will be most beneficial to them.
Types of Golf Course Coverages
The most helpful insurance coverages for golf course owners are general liability insurance, commercial property insurance, business income insurance, and professional liability insurance.
General liability insurance protects the golf course from possible claims for third-party incidents. These policies typically cover unintentional and personal injuries, property damage, and advertising injuries caused to a third party.
Commercial property insurance helps pay for repair or replacement if the golf course is destroyed or incurs damage due to a covered risk. Among the incidents covered by such policies are storm, fire, theft, water damage, and vandalism.
Business income insurance protects your client against lost income and covers operating expenses if the golf course closes temporarily due to losses or damage. It essentially ensures the business’s ability to continue operating.
Professional liability insurance protects golf course owners from damage claims resulting from alleged mistakes, negligence, or failure to perform expected duties and responsibilities.
Additional Coverages
There are a few other types of coverages that your clients may find beneficial for protecting their golf courses against potential risks. Among them are liquor liability insurance, commercial auto insurance, and commercial crime insurance.
Liquor liability insurance can be helpful if the course serves alcohol on the premises. If a customer becomes intoxicated after drinking at the golf course’s bar and causes injury or damages property, your client could be held liable.
Liquor liability insurance is essential for golf courses that sell or serve alcohol. Without it, your client might have to pay out-of-pocket third-party injury and property damage claims.
Commercial auto insurance covers vehicles that the golf course owns or leases. If an employee is involved in an accident while driving a company vehicle, your client may be liable for vehicular damage, third-party injury, and property damage.
Commercial auto insurance protects against these risks and even theft and vandalism. This type of insurance also covers privately-owned vehicles used for business-related purposes.
Commercial crime insurance protects the business from losses resulting from criminal acts. These policies cover robbery, burglary, theft, forgery, and even employee dishonesty. Considering how frequently golf course personnel interact with guests, getting crime insurance is essential for managing risks.
The many services and amenities golf courses offer require a focused approach toward developing the most beneficial insurance package possible. Your clients always face risks and need to maintain a comprehensive range of insurance coverages. Doing so will help ensure maximum protection for the business when disasters or accidents occur.
About T2 Green Insurance
T2Green Insurance provides comprehensive insurance that is customized to your club, resort, or golf management company, from industry professionals whose sole focus is insuring this class. We are dedicated to providing you with innovative products, underwriting expertise, and exceptional results so that your insurance needs are covered with confidence. Reach us at 844-223-9005 with any questions or so we can begin tailoring a package that works best for your club.
