Every scuba diving instructor needs the right insurance for themselves for the risks associated with them for teaching scuba diving. This article highlights key issues such as cost, quotes, and even the best providers of scuba diving instructor insurance.
 The article features the PADI dive instructor insurance, and other various policies including; DAN dive instructor insurance, and scuba instructor insurance.
Understanding Scuba Diving Instructor Insurance
Scuba diving instructor insurance provides financial reimbursement for instructor’s expenses that arise as a result of accidents, injuries, or other operational necessities which may occur during any scuba diving activities.Â
While these types of insurance policies can vary these usually include aspects such as general liability, professional liability indemnity as well as equipment insurance coverage.
- General Liability Insurance: Instructors who are accused of sustaining physical injuries or damaging property in the process of scuba diving can use this type of insurance.
- Professional Liability Insurance: Such coverage indemnifies instructors in case they fail to perform their duties or is negligent in their performance.
- Equipment Coverage: this insurance covers theft, loss, or any form of damage to all diving or scuba related equipment.
It is always a good idea to take insurance, and it is an obligation for the dive schools and organizations.
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Cost of Scuba Diving Instructor Insurance
Cost of Scuba Diving Instructor Insurance There are a couple of variables that affect the scuba diving loan for instructors. These include:
- Location. Different locations have different levels of risks associated with scuba diving and this has an impact on the premiums.
- Coverage limits. More coverage limits usually mean more expensive policies.
- Experience level. In some of the cases, instructors with a longer history of claims might be charged relatively low premiums as the risk exposure is deemed to be low.
- Type of Coverage. Comprehensive policies whereby several coverages are included are likely to be more expensive.
On average, scuba diving instructor insurance is about $42 a month, in which case general liability of $1 million would be covered in the policy. Annually this translates to roughly $504.
However, monthly rates can reach over $100 on more inclusive head policies that incorporate workers’ compensation or equipment protections, and go as low as $30 for basic coverage.
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PADI Dive Instructor Insurance
The PADI scuba diving insurance has some options that are specific for their members.Â
Such policies include PADI dive instructor insurance policies that are specifically targeted to protect instructors against the teaching aspect of scuba diving when seeking to todo the petition
Fundamental Elements of PADI Instructor Insurance:
- Policy Limits: US$ 1 million single claim coverage, US$ 2 million aggregate limit.
- Prior Liability Coverage: Risk transfer exposure for all claims arising from activities or omissions that took place during the transition period of no other policies.
- Worldwide Cover: Clause is valid throughout the globe as long as instructors respect PADI policies.
The monthly cost of PADI instructor insurance approximately $42 but it might be subject to change owing to specific conditions and some extra chosen coverages
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DAN Dive Instructor Trade Dive Insurance
The Divers Alert Network (DAN) insurance also allows plans to be taken out to dive professionals. These people include Instructors, Assistant Instructors and Divemasters and instructors are also covered by the professional insurance.
Component Supplied with DAN:
- Professional Indemnity Insurance: Limit of $1 million per claim and an aggregate limit of $ 2 million.
- Policy Extensions: Covers and overlie restrictions offered to equip specialist areas such as excess equipment liability cover.
Those who hold DAN membership get subsidized rates based on the coverage opted and the type of membership availed. This ranges between $575 and $900 annually
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Scuba Instructor Liability Insurance
Legal responsibility coverage for scuba instructors is highly required as it’s used to settle legal obligations arising from the accidents which happened while students were under their supervision. This type of insurance covers:
- Bodily Injury Claims: Protects a student who gets injured while under the tutor teacher.
- Property Damage Claims: Protects students or other third parties from getting their owned property damaged while teachings are taking place.
Average Costs: On average, specifically for scuba diving instructor general liability insurance, the covers can be priced at around $30-$50 for a period of one month basis considering the company and plan specific details.
 Padi Instructor Insurance Cost
 Factors Affecting Insurance Premiums The scuba diving instructor insurance premiums are attributable to several aspects:
- Claims History: Having a bad record of several claims made can be a contributing factor to an increase in the premiums.
- Business Revenue: Greater income could prove costly as that would increase threats.
- Policy Limits and Deductibles: Higher premiums would also be a result of a more extensive cover or a reduction in the deductible that is opted for.
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Best Scuba Diving Instructor Insurance Companies
Next Insurance
The Next Insurance is very popular among small business owners like scuba instructors because it is not only competitively priced, but also has a smooth online application process.
Average Monthly Cost: $30
Rating: 4.6/5
Pros:
- It is one of the cheapest general liability insurance cover providers.
- The quotes and the purchasing of the policies can be conveniently done on their website.
- Gives every customer a proof of insurance as soon as the purchase is made.
Cons:
- They only offer coverage for general business liability, and lack specific covers for specific needs.
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The Hartford
The Hartford is a qualified insurer with a rich history of serving different industries, including recreational ones.
Average Monthly Cost: $33
Rating: 4.4/5
Pros:
- Their multi range coverage options include, but are not limited to, workers’ compensation and professional liabilities.
- Great customer support is one of the common features of the company, providing good customer service is in the company’s genes.
- Policies can be created and modified by instructors according to their requirements.
Cons:
- Compared to newly established companies that only sell online, their prices can be greater.
CoverWallet
It offer multiple quotes from various insurers allowing users to view and select the most favorable ones.
Average Monthly Cost: $35
Rating: 4.3/5
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Pros:
- Coverwallet Automatically compares policies, prices, and insurance companies.
- The website is built to be simple and straightforward in terms of navigation.
- There are insurance professionals that one can work with and determine the type of coverage needed.
Cons:
- Potential for Higher Costs – Costs are usually varying based on the providers chosen.
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Thimble
Given that Instructors only require a certain cover from time to time, Thimble promises on-demand and any time-cover for such instructors.
Average Monthly Cost: $40
Rating: 4.2/5
Pros:
- On-demand coverage: Able to cover any gap within a business by the hour, a day, or a month, especially useful for seasonal instructors.
- Instant quotes and coverage activation: The policy is brief and there is no delay in acquiring a cover.
- Flexibility in policy duration: Assists those that do instruct on and off or during busy days.
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Cons:
- Short-term plans can be more expensive
- : It may not be as extensive when compared to insurances from other traditional companies.
Hiscox
This firm offers excellent clientele services when it comes to business insurance encompassing an instructor of scuba diving.
Average Monthly Cost: $50
Rating: 4.5/5
Pros:
- Some of the coverages this company offers include, general liability, professional liability, supply, and equipment policies.
- Applicable for those teaching outside of the country.
- The overall customer service is perfect and makes for great claim settlement.
Cons:
- More expensive than other options set out here.
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