Yachting is an exhilarating sport and hobby, and one that is generally relaxing, but that does not mean that it is without risks. In fact, venturing out into the water always entails risks, but you can do your best to mitigate such dangers by being careful. Owning a marina and docking yachts has some dangers, too. If you want to avoid the liabilities that are commonly associated with a marina, investing in marine liability insurance may be your best bet.
Liabilities at a Marina
When you operate a marina, you are not the only person responsible for being safe. Every customer you serve must be conscientious, too. When an incident occurs, you could get stuck with the bill regardless of whose fault it was. A good policy will protect against such liabilities as these:
- Oil leaks from a yacht
- Leakage of oil or other pollutants
- Medical payments in the event of an accident
- Damage done by uninsured boaters
Protection Against Marina Liabilities
These are just a few of the liabilities marina owners commonly deal with. If you are looking for a way to keep your marina safe from such threats and ensure you are covered in the event of an incident, investing in marina liability insurance is a great idea.