Insurance Assurance?
- Thread starter G Man
- Start date
We have to have to show our insurance to the marina each year for our dockage and winter storage. Have never had to show it for repair work.
The yacht clubs in BC are requiring $2,000,000 proof of liability for reciprocal privileges. One commercial marina that I know of also does. The yacht clubs that have paid staff are seemingly checking. Otherwise nobody checks…
Thanks for the reply guys that's interesting anyone recommend a good Ins.co.on the east coast of Canada.? The ones I be contacted want your house Insurance as will
Really good to see people to the south are trying to control irresponsible boaters. As I've said so many times before, there is NO control up here in the Wild Wild West.
Look around and and you can guess how many wrecks don't have insurance. And I'm only concerned with liability. And how many people with insurance, actually don't have any insurance at all because they have no proof of competency in any form. This is from my policy:
There was an incident a couple of years back at an interior lake where the 16 YO son was driving without any certification, caused one death, heavy property damage and millions in liability. The insurance company denied all coverage. Same as impaired auto accidents, no coverage.
Always make sure your insurance for getting hit by an uninsured boater is at least least $2,000,000 liability.
Our marina only requires that you check a box to promise you have insurance. They don't want to "see" the insurance policy as that requirement would scare off potential customers. Same as proof of competency, that would REALLY drive off customers. That should stand up well in court
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I think the motivation to require insurance is more to protect marinas from liability than it does to “control irresponsible boaters”. However, with no empirical evidence, it seems to me we have more than our share of “more money than brains” club members here than do you.
Our marina requires us to have them listed as an “additional insured” party on our policy. When traveling I’ve had one marina require proof of insurance for a two night stay, but it was a marina that doesn’t especially cater to transients.
jssailem
SBO Weather and Forecasting Forum Jim & John
- Oct 22, 2014
- 23,335
Annual requirement at Everett Marina for using their slips.
- Proof of insurance
- State boat permit
- CG Documentation if boat is documented vessel.
I also have to have my marina named as Additional Insured on my policy. The get a copy of my renewal, and notification if I were to cancel my coverage.
We are only required to carry $300,000 liability coverage. Marina tried to mandate $2M, but they ran into a buzzsaw of comments from boaters, and then went back to $300k.
Greg
We are only required to carry $300,000 liability coverage. Marina tried to mandate $2M, but they ran into a buzzsaw of comments from boaters, and then went back to $300k.
Greg
I imagine things are "pretty boring" in your marina. Ours is a non stop gong show.
Maybe management does it for entertainment
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I sometimes get involved in Reciprocal Privileges discussions, and the only YC that I know of in your area that wants this much is Maple Bay. I contacted them about this requirement, and while I agree that they can do what they wish, I disliked being lied to when I was told by an officer that "all" clubs in BC were doing this. That's crap; I know quite a few other sailors in the area and while some clubs want to see some proof of some sort of coverage, the usual policy amounts of $300K to $500k are always accepted.
Our club, in Oregon, asks if a visitor is insured, but have not required displaying a declarations page. (FWIW we have 500' of visitor dock and this is probably more than most other clubs in the whole area.)
If I were a cynical person, I would guess that some larger clubs prefer 50' boats with wealthy owners to patronize their restaurants and bars..... because us small boat folks have not been spending enough $.... !
And yet, I don't think my insurance is that much different what the rest of us have and shown in post #8.
No proof of competency for the boat operator, no insurance. Insurance companies are SOB's when it comes to big payouts but when it comes to a written clause as shown in post #8, I can hear their official response right now .................... ya all have a nice life now, ya hear ?
Time to start a new thread
But Ralph, wait, look carefully, that poor horse might still be moving a little bit.........!
Seriously, these insurance threads arise regularly, and while educational, probably have never motivated a boater to actually move to a different state.
