Providing Protection for Yacht Clubs and Marinas
Owning and operating a yacht club or marina means you are responsible for individuals and boats on your property. That is why you need insurance coverage, such as sailing club insurance.
The Importance of Maritime Insurance
Yacht clubs regularly host events, such as races and regattas, so it is essential to have insurance that covers all areas of your operations. Depending on the size and function of your club or marina, you may need policy options such as errors and omissions coverage, workers’ compensation, Jones Act coverage, pollution coverage or directors and officers liability. No matter what your needs are, you can benefit from insurance so you can properly offer sailing lessons and host a wide range of events. Other important reasons to be prepared with an insurance policy include the following:
Compliance with regulations and laws
Protection for employees and visitors
Coverage for boats
Creating a Safe Harbor
The insurance firm Mariners Insurance Services reminds us that operating a yacht club begins with establishing a safe place for people and vessels with an insurance policy that offers optimal protection, including sailing club insurance. An insurance specialist can help you determine your policy after an evaluation of your facility. That way, you can be assured that you receive the coverage you need.