The last thing you want to think about when you have a sailing club is all of your liability as an owner. Fortunately, sailing club insurance is there to make sure that you don’t have have to worry.
Types of Coverage
The most common types of sailing club coverage are:
- Liability for regattas and charters
- Grounds coverage
- Hull coverage
- Liability coverage for rentals, loans, and borrowed vessels
- Coverage for the personal property of your patrons
Each type of coverage protects a different part of your sailing business. Not all coverages are necessary, but many are good to have just in case.
Who Is Covered
This insurance covers almost everyone who is on your property. This includes employees, customers, and captains. It can also cover cleanup and remediation workers who work with spills and other hazards.
What Is Covered
It is always important to know what is covered in your policy. To find out exactly what your policy covers, you will need to read it. Still, it should cover people, hulls, glass, toxic spills, and general liabilities that can happen during normal business operations. You can add more or less coverage depending on your exact sailing business and events.
Sailing club coverage is essential due to the nature of the sport. Even though it is normally safe, accidents and problems do occur. When they do, it is best to have the insurance you need to pay any damages.