The gaming den may be all about rolling the dice, pulling the lever at the slot machine and poker and game wagers, but when it comes to actual risks for the establishment, related business insurance can take the gamble out of the venture.
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Below you will find two examples of associated coverage.
1. Casino-Gaming Risks Insurance
The casino and gaming risks industries focus on providing gambling venues for the public. Once only allowed in the state of Nevada, today, gambling is permitted in numerous states. Facilities that offer gambling entertainment may incorporate the following establishments:
- Hotel Casinos
- Riverboats
- Bars
- Bingo Halls
- Sports Book institutions
- Slot Machine Parlors
High-limit crime coverage is of particular worry for the specialty insurance carriers that deal with casinos and gaming riisks due to the large quantity of cash left on premises.
2. River Boat Gambling Casino Insurance
Aside from the standard specialty insurance for casino gambling enterprise, the river boat gambling casino can find coverage with marine insurers for both hull and protection and indemnity.
The protection and indemnity is coverage for:
- Passenger and crew injuries
- Damages purported to be committed by others
There are just a few underwriters that will take responsibility for liability on boats that have the capacity for 1,500 passengers. Of particular concern are the navigating difficulties along certain rivers and the liquor liability risks.
For more information about casino and gambling risks, contact an experienced independent insurance agency.
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Summary: If you are part of the casino and game risks industry, specialized insurance coverage can ensure you are covered against the involved perils.
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