Boat Insurance

[GrahamM376]

Thats interesting and something I hadn't considered.

In my case then marins is a not for profit company which is owned by 3 local yacht clubs of which I and a member of one of these clubs. It is a condition that for me to own a lease at the marina I must be a member of one of the three clubs. So I am part owner of a club that is also a not for profit company than is a 3rd share holder of the marina which also is a not for profit company.

Do you think your comment will apply to that kind of convoluted setup.

Sorry, can't answer you question as I'm not an expert. On both occasions I found the problem I took advice from underwriters. Much may depend on the wording of your own policy, look at the small print in the 3rd party section.

 

[rogerthebodger]

Thks guys again lots of very useful info and I am now getting my mind around my problem

Yes the arrangement is quite different to normal club/marina relationship and it is the only one like that in South Africa.

Just one more question for now.

With regard to visiting boats, I assume that most marinas also require at least 3rd party insurance for on the visitors boat and do they always check that at arrival?. If a visiting boat does not have the required insurance do the matina management always refuse the boat mooring rights.

 

[VicMallows]

With regard to visiting boats, I assume that most marinas also require at least 3rd party insurance for on the visitors boat and do they always check that at arrival?. If a visiting boat does not have the required insurance do the matina management always refuse the boat mooring rights.

Yes, if you are interested enough to read the small print they invariably require it. No, I have never ever heard of a marina asking to see proof.

 

[Tranona]

Very common to ask for insurance in marinas in the Med. Part of the more rigorous attitude to viewing paperwork. In many countries it is a legal requirement to have insurance, unlike the UK. Lack of checking of visitors in UK marinas probably reflects the fact that problems of uninsured craft are rare. Requirement for insurance will be in the T&Cs so it assumed if you accept the mooring you know you have to be insured.