Why You Need Comprehensive Yacht Club Insurance

Yacht clubs tend to be glamarous and exclusive places, and often cater to a clientele on the wealthier side. Despite the attractiveness of the setting, it is important to remember that a yacht club has unique hazards that must be considered by any yacht club operator. Ensuring you have a thorough and well-tailored yacht club insurance policy will help mitigate risk and protect you — and your clients — in the event of an accident or injury.

What Does Yacht Club Insurance Cover?

Depending on the specifics of a given business, a thorough yacht club insurance policy may cover the following:

  • Coverage for member property
  • Regatta liability coverage
  • Facility and grounds coverage
  • Hull and liability coverage for boats owned or rented on the property
  • Workers compensation coverage for yacht club employees
  • Pollution coverage, in the event of a spill or leak

A reputable insurer can also work with your yacht club to identify and mitigate potential risks, increasing safety around the club and lowering insurance premiums overall.

Ultimately, safety should be the number one goal in a yacht club setting. Allowing potential hazards to interfere with safe enjoyment of the water will only interfere with smooth business operations, and discourage clients. Developing robust coverage allows members and staff to safetly spend time on boats, and alongside the water.