For the most part, California marinas are calm and safe places, where boats idle slowly and dock for days, weeks or even months at a time. Most people, even marina owners, don’t consider that accidents can and do happen in the safety of the harbor. Tropical storms, careless boaters, vandals and inexperienced operators all pose a threat to the safety of the boats and patrons that visit marinas. When accidents do happen, the marina itself could be held liable. For this reason, it’s vital that marina owners invest in insurance for California marinas, as doing so could save them millions of dollars in the long run.
Marinas are often more than just a place to park one’s boat. Many marinas host regattas, hold sailing lessons and have yacht clubs. These marinas have dozens of exposures that the owners may or may not be aware of. If your marina is involved in several ventures, work with a marine insurance agent who can help you identify your risks and implement the necessary coverage. While it doesn’t hurt to be overprotected, it can be detrimental to your business to be under-protected. Insurance for California marinas can be varied, and you can make your policy as complex or as simple as you need it to be. Talk with an insurance agent near you to get the coverage you need to protect you, your members and the public.