Our club requires each boat to carry a 1 million liability policy. Steve Thomas Port Stanley, ON
-----Original Message----- From: CnC-List [mailto:[email protected]]On Behalf Of Russ & Melody Sent: Saturday, April 13, 2013 10:56 AM To: [email protected] Subject: Stus-List vessel insurance survey A couple o' years ago at our yacht club we had a shed fire which took out seven power boats. (I know, I know. Bar talk you would hear something like.... "a good start" :) But seriously, the insurance lobby was successful in passing the requirement to have a full marine P&I policy for moored boats (presumably for the wreck recovery provision) and third party liability not less than $1 million. So I would like to know what is happening in other locations, including retail moorage and yacht clubs. It might be best for the list traffic if you PM me and I can tabulate the results and post later. Does your moorage agreement require a: Marine P&I policy or liability only or no requirement What is the minimum liabilty, if required: Yacht Club or private marina: How many years has this requirement been in place: Approximate number of mooring spots (rounded to the hundred): Is there a requirement for reciprocal or visiting yachts to provide proof of same: Thanking you in advance. Cheers, Russ Sweet 35 mk-1
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