Yacht Club Insurance
Running a yacht club can be a very profitable business. Yacht clubs often teach sailing and hold social events, as well as a variety of other services, generating business from some prestigious individuals. Looking into businesses that offer insurance coverage for yacht clubs is a very good idea before you dive into creating your own club. You want to make sure that your insurer has competitive prices, a variety of insurance plans to choose from so that you can choose what is right for you and the ability to combine plans such as land-based and marine insurance.
When choosing an insurance plan, look into one that offers coverage for many different things. For example, you want coverage for the hull of your yachts so that you can get them repaired for a price you can afford, liability coverage for your regatta, sailing school liability, the property of your members and coverage for your facility. Depending on needs, there are other types of coverage you can get, as well.
Before starting a business or club that caters to wealthy people that own expensive property such as yachts, be sure you are prepared by getting insurance coverage for yacht clubs. This will insure that your business doesnt get shut down in the case of damages or a liability claim.