14 Keys to Insuring Water-Related Entities
Water is a precious natural resource entrusted to water entities across the country. These entities include public and private water companies, irrigation companies, conservation districts and more. They face many challenges, from water main breaks to water quality and treatment issues. In many cases, water systems are being pushed to the limit by growing urban populations.
Such complex risks require specialized coverage unique to this class of business. Understanding these risks can help agents and brokers guide water-related entities to the right coverage. Here, we have outlined 14 coverages and features you need to consider when writing a water-related entity.
Liability
Property
Inland Marine, Auto and Excess
Not all insurance policies are created equally and many standard ISO forms can leave water-related entities under water. But if you make sure the 14 key features described here are included, you will have a program that is truly responsive to the unique needs of your clients.
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