Provides coverage for slip and fall type claims whether on land based property or on floating property, such as docks. CGL also includes products and completed operations that would provide coverage for boats that have been repaired or winterized.
Provides coverage for exposures arising from mooring, fueling, launching, hauling, storage and repair operations for customers boats. If you are legally liable for damage or loss to a customer’s boat this is the coverage that will protect you.
One of the biggest insurance concerns for marina owners is the coverage on floating property and docks. Some policies may have huge wind and hail deductibles and others may not include coverage for collapse due to weight of ice and snow. These are obviously the two biggest perils that marina property owners could face.