jerry_jones
New member
I have moored my boat in the new marina at Capo d'Orlando in Sicily on a 12 month contract and I have just become aware of an issue. They require a "waiver of recourse" for any claim against the marina or their subcontractors, which Pantaenius have never seen asked for before and tell me their hull insurers will not accept. Has anyone in here been asked for this by a marina, and how did your insurer react?
Anyone planning to sign a contract there should check with their own insurer and anyone there already insured with Pantaenius would be well advised to raise the matter with the marina, as I have already done.
From the marina's English translation of the contract, Article 8:
"ART. 8 — INSURANCE
The User shall insure the Vessel by arranging a policy that provides "compulsory third-party liability cover for boating' with a maximum of at least € 5,000,000, inclusive of a "third-party recourse for fire" clause with the same maximum. and giving a copy of the policy and its renewals to PTCO.
PTCO shall not be liable for any thefts, fires. damage or similar losses suffered by persons and/or possessions in relation to the Vessel, for which the User is the sole custodian, nor for any losses that may be suffered by the Vessel, its contents and/or its accessories due to atmospheric events. natural catastrophes or socio-political events.
Should the User intend to cover the Vessel with insurance for so-called "recreational vessel damage", the policy must contain an express waiver by the insurance company of any right of recourse, for damage to the Vessel or to possessions on board and/or inside the Vessel. against PTCO and/or any third parties to which the management of Capo D'Orlando Marina is assigned, sub-assigned or transferred on whatsoever basis in place of PTCO."
Anyone planning to sign a contract there should check with their own insurer and anyone there already insured with Pantaenius would be well advised to raise the matter with the marina, as I have already done.
From the marina's English translation of the contract, Article 8:
"ART. 8 — INSURANCE
The User shall insure the Vessel by arranging a policy that provides "compulsory third-party liability cover for boating' with a maximum of at least € 5,000,000, inclusive of a "third-party recourse for fire" clause with the same maximum. and giving a copy of the policy and its renewals to PTCO.
PTCO shall not be liable for any thefts, fires. damage or similar losses suffered by persons and/or possessions in relation to the Vessel, for which the User is the sole custodian, nor for any losses that may be suffered by the Vessel, its contents and/or its accessories due to atmospheric events. natural catastrophes or socio-political events.
Should the User intend to cover the Vessel with insurance for so-called "recreational vessel damage", the policy must contain an express waiver by the insurance company of any right of recourse, for damage to the Vessel or to possessions on board and/or inside the Vessel. against PTCO and/or any third parties to which the management of Capo D'Orlando Marina is assigned, sub-assigned or transferred on whatsoever basis in place of PTCO."
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