Insurance Solutions for Marinas in California
Marinas can require several types of insurance coverage to protect property on dry land and water while managing liability. Owners or operators considering California marine insurance could benefit from a network of top-tier insurers offering plans that may protect against a variety of risks. Each marina has unique needs with regard to property on land and water including buildings, watercraft, docks, and other floating structures.
Generally speaking, the more comprehensive the coverage, the more exposure to risk can be managed. Watercraft can be insured based on the value of the boat itself and the personal effects and supplies on board. Property and liability insurance plans may also protect marina operators who offer services like boat repair or towing. Other types of liability insurance could prove useful in the event of boating accidents resulting in property damage or bodily injury. Insurance plans can be combined to cover marina property, operators, employees, and members, while offering protection against a wide range of eventualities.
California marina insurance may offer protection against standard and some non-standard risks. Operators might also be interested in coverage for sailing to certain countries, including Mexico. Operators should consider the full scope of their business and protect themselves as completely as possible with a combination of commercial insurance plans.