dry storage -

[AndrewJ]

I recently had my boat on the hard at a boat yard in the US. They recently told me I had to have 300K USD, liability insurance and also had to include them as an additonal insuree on my policy. I don't kow about the legality of buying insurance for them, but it seems like I'm paying for insurance so that if they damage my boat, my insurance company will pay for it and they walk away. Does this sound right?

<hr width=100% size=1>The only easy day was yesterday

 

[JMM]

More likely that they are ensuring that you are covering any liability they may have to a third party in the event of a mishap.

<hr width=100% size=1>Jon M.