As an insurance agent, you know that the challenge is in the specialized policies. You work hard to secure the best coverage for your clients, but when that coverage need is unique, it can be difficult to find a good match between policy and cost. Yacht club insurance is one of those specialty niches that requires extensive coverage at an affordable rate. The marina where the yacht club is docked must be protected against a wide variety of mishaps. Both owned watercraft and sale and rental watercraft must be protected while resting in the slips, as should all property aboard the yachts.
Yacht clubbers party on their vessels; that’s one of the reasons to buy one. Yes, people want to go out on the waters, but sometimes it’s just as fun to have a get-together on the boat while it’s docked. Your client needs to find relief under an insurance umbrella should the party get out of hand in any way. Whether there is an accident in the wharf waters or on the docks or piers themselves, additional liability coverage is in order. When looking for yacht club insurance to protect your client against all possible accidents and disasters, work with a marine insurance wholesaler with extensive experience in this special niche. You and your client will be glad that you did.