Umbrella Coverage Information
Umbrella / Excess Liability
Due to the severe risk associated with marina operations, it is very important to discuss purchasing an Umbrella / Excess Liability policy. In the unfortunate situation that your marina is sued due to a boat rental accident, if multiple injuries or death has occurred, the claim could be in the many millions of dollars. A standard liability policy will likely be limited to $1 million per occurrence and could be insufficient in a severe claim situation putting the survival of your business at risk.