Marina liability insurance
There are also federal laws in place to require compensation or benefits to those who are injured while working on navigable or in locations near it for the purpose of constructing or repairing and loading or unloading a vessel.

Protecting Your Boating Investment

Boat owners often need a place to board, store or harbor their vessel when not on the open waters, while some choose to live on their boat year-round. Often, construction companies require the use of a marina for completing boat or yacht builds. In these situations, safety and security become a top priority for boat owners and builders alike. Marina liability insurance is one way to keep the needs of all parties a priority. As you consider the insurance coverage you may need, keep in mind the types of equipment to be housed or operated, as well as the investment you may make into establishing a yacht club, transportation assistance, lessons or events you might hold. You will need coverage for boats that are docked, but also potentially owned, borrowed, loaned or rented to your company for operations. Marina coverage options should include the following when considering the general risks and exposures of operations:
  • Hull & Liability Coverage for Yacht Club Fleet
  • Sailing School Training
  • Regatta Liability
  • Chartering
  • Member Property
  • Housing and Grounds Coverage
There are also federal laws in place to require compensation or benefits to those who are injured while working on navigable or in locations near it for the purpose of constructing or repairing and loading or unloading a vessel. Marina liability insurance is the best way to address the liabilities each of these situations present.

About the author

Kraft Writer

View all posts