Recreational hunting is big business. According to the U.S. Fish and Wildlife Service's 2011 National Survey of Fishing, hunting and wildlife associated recreation is on the rise. The survey shows that over 38 percent of the population participates in hunting, fishing, or wildlife watching.
Leasing land to hunters and hunt clubs is a great way to earn some extra income. But did you know that landowners are legally obligated to provide a “duty of care” to guests that they allow on their property? If you considering allowing hunting groups onto your land, it is important to protect yourself from liability with an insurance policy.
Here are things that hunting lease liability insurance offers. Read on to see how a liability insurance policy can help to protect you from liability.
General Liability Coverage
General liability coverage is the most common hunting lease liability coverage. General liability is basic liability coverage that protects landowners from the legal liability associated with leasing their land to hunters or hunt clubs.
Vacant Land Liability Coverage
Vacant land liability coverage is a policy that is for landowners who do not lease their land, yet who still would like coverage in case of an accident on their property. This coverage provides valuable protection for landowners, since landowners can be held responsible for failure to provide a duty of care for visitors to their property. In some cases this duty of care even extends to trespassers.
Commercial General Liability Coverage
Commercial general liability coverage covers the landowner from legal liability that comes from commercial hunting operations. Commercial hunting involves greater risks and liabilities than recreational hunting, which is why this additional policy may be needed for landowners who allow commercial hunting.
A hunting lease liability insurance policy can provide you with peace of mind, greater land leasing flexibility, the potential for an increased income.
To find out more about hunting lease liability insurance, talk with your insurance agent today. Policies vary, and it is important to talk with your insurance agent to make sure you have enough coverage. Texas Outdoor Insurance specialists would be happy to help you find a policy that is specifically designed for your needs.