duncan99210
Well-Known Member
I insure third party with Basic Boat, which includes wreck removal. Is that not the case for other insurers?
My third party policy on my Hurley doesn't cover salvage costs.
I insure third party with Basic Boat, which includes wreck removal. Is that not the case for other insurers?
It's a Stena site as in Stena Line the fery people, the whole of Holyhead Harbour is although I can't say for sure if the Crown Estates are involved as well or not. The Marina area is leased from Stena.
Latest PBO reports the marina owners state delays in salvage due to insurers concerned as to whom pays for lifting of uninsured boats.
Surely if the marina allowed uninsured boats to use the facilities then they as marina operators they owe a duty to those "insured" and responsibility falls on them as operators to pick up the tab.
It maybe that some owners only had minimal third party cover which didn't extend to salvage costs, so they met the requirement for insurance but have no cover for the costs of removing wreckage. Bit of a nightmare for the marina operators as the wreckage of these uninsured boats seems to be blocking further clearance operations. In the end, I suspect that the marina insurers will find themselves having to pay to clear the uninsured wrecks in order to allow the marina to be reinstated but it wouldn't surprise me to see them pursuing uninsured owners for the eventual costs.
The marina operators have no responsibility in this in terms of allowing customers to use their facilities whilst uninsured. I would expect their terms and conditions to include a requirement for third party cover to a sum of £xx (usually £3-5m): by accepting the marina contract a boat owner explicitly accepts the need for this cover. Where things may have gone awry is that the marina operators might not have also specified the requirement for salvage cover. Even so, the responsibility for salvage costs will eventually lie with the boat owner.
I would imagine there is a valid counterclaim that the marina failed to provide the shelter that yacht ownerss were paying for.
With hindsight, anyone owning a significant capital item like a yacht really ought to be insuring it.
The extra cost over 3rd party is generally not that much, in the context of being able to afford a marina berth.
Thinking about this statement I checked back to berthing agreements with two of the leading marina groups. In neither is there any suggestion that the marina owners are providing shelter, merely allocating a berth at the relevant marina. One agreement went the other way, parking is at boat owners risk in all respects. The other had some mumbo about excluding the marina from all sorts of problems which included adverse weather.I would imagine there is a valid counterclaim that the marina failed to provide the shelter that yacht ownerss were paying for.
.
Some pretty horrible pictures of sunken boats ...... https://www.facebook.com/groups/1783651691942748/ ...
I would imagine there is a valid counterclaim that the marina failed to provide the shelter that yacht ownerss were paying for...
And I suspect there's some small print about extreme events, "force majeure" or something like that.
And I suspect there's some small print about extreme events, "force majeure" or something like that.
... but what about the hulls, landfill?
There is currently a major fire in a building at Holyhead Marina.
https://www.bbc.co.uk/news/av/uk-wa...fire-flames-rage-as-crews-tackle-marina-blaze
It never rains but it pours...