Boat Us And Premier Marine Insurance Both Offer Protection For Hold Harmless Provisions In Moorage/Storage Agreements Revised Information on Marine Insurance, November 2007. Some time ago we reported to you our concern as to boaters’ potential liability for boat damage or injury to third persons they can unwittingly assume when they sign marina or boatyard agreements. Many such agreements contain assumption of risk or hold harmless provisions shifting the marina/boatyard’s potential liability to the boat owner. The problem is that because most marine insurance policies (and umbrella policies) exclude coverage for liabilities contractually assumed by the boater, insurance coverage could be jeopardized by signing such marina or boatyard agreements. Recently, Premier Marine Insurance has amended its yacht policies to provide that their insured boaters “may sign standard Hold Harmless Agreements with marinas, yacht clubs and similar authorities where such agreements are necessary and customary, but only in respect of moorage and storage.” Now Boat US has advised us that it has for some time offered similar protection in its CNA Yacht Policy: “. . . we will cover an insured’s legal liability for personal injury or property damage assumed under a written boat storage or slip rental contract or agreement.” Note: It should be clearly noted that RBAW does not endorse either Premier Marine Insurance or Boat US (CNA) Insurance in any way, nor do we have first hand experience with their service. This notice is strictly for informational purposes to help boaters make an informed decision when choosing yacht insurance. Home | About RBAW | Boater News | Events Calendar Our Members | You Can Help | Join RBAW | Contact Us Design & Development by Dan Larsen