We operate a full service hunting and fishing guide service and seem to have problems getting an insurance company interested in insuring us. What is the problem?
The problem is the insurance industry’s low tolerance for high-risk activities. A full service hunting and fishing guide service generally includes providing the following services: transportation, lodging, meals, equipment, processing, practice range and supplies (including ammunition) to individuals in an outdoor setting and sometimes a physically challenging environment. The probability of something happening that will result in bodily injury is considered to be extremely high. Most insurance companies do not have the appetite for high-risk activities like this or do not feel they can collect sufficient premium to make a profit. As a result, relatively few companies are interested in offering coverage for this type of risk.
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