Folks New twist. Marina where I've been for 14 years wants us all to have our boat insurance carrier to " name them as an additional insured". Seems odd and I actually doubt if any insurers would do it. Any comments or feedback. Thanks. Russ Sent from my iPhone

That's been the case for us for years at Pike's Bay Marina at Bayfield, WI, which is probably the premiere marina on Lake Superior. David Sorenson Duluth, MN Princess Pam, snow covered and on the hard -----Original Message----- From: Russ via Trawlers-and-Trawlering Sent: Saturday, December 31, 2016 10:08 AM To: trawlers@lists.trawlering.com Subject: T&T: Insurance Folks New twist. Marina where I've been for 14 years wants us all to have our boat insurance carrier to " name them as an additional insured". Seems odd and I actually doubt if any insurers would do it. Any comments or feedback. Thanks. Russ Sent from my iPhone _______________________________________________ http://lists.trawlering.com/mailman/listinfo/trawlers_lists.trawlering.com To unsubscribe or modify your subscription options (get password, change email address, etc) go to: http://lists.trawlering.com/mailman/listinfo/trawlers_lists.trawlering.com Trawlers & Trawlering and T&T are trademarks of Water World Productions. Unauthorized use is prohibited.

That has been the norm for my marinas for years. Perhaps Al can tell us the reason behind it. George Charleston, SC SUBITO Huckins 46' Wrapped in a cocoon in CT On Sat, Dec 31, 2016 at 11:42 AM, David Sorenson via Trawlers-and-Trawlering <trawlers@lists.trawlering.com> wrote: > That's been the case for us for years at Pike's Bay Marina at Bayfield, > WI, which is probably the premiere marina on Lake Superior. > > David Sorenson > Duluth, MN > Princess Pam, snow covered and on the hard > > -----Original Message----- From: Russ via Trawlers-and-Trawlering > Sent: Saturday, December 31, 2016 10:08 AM > To: trawlers@lists.trawlering.com > Subject: T&T: Insurance > > > Folks > New twist. Marina where I've been for 14 years wants us all to have our > boat insurance carrier to " name them as an additional insured". Seems odd > and I actually doubt if any insurers would do it. Any comments or > feedback. Thanks. Russ > > Sent from my iPhone > > _______________________________________________ > http://lists.trawlering.com/mailman/listinfo/trawlers_lists.trawlering.com > > To unsubscribe or modify your subscription options (get password, change > email address, etc) go to: http://lists.trawlering.com/ma > ilman/listinfo/trawlers_lists.trawlering.com > Trawlers & Trawlering and T&T are trademarks of Water World > Productions. Unauthorized use is prohibited. > > _______________________________________________ > http://lists.trawlering.com/mailman/listinfo/trawlers_lists.trawlering.com > > To unsubscribe or modify your subscription options (get password, change > email address, etc) go to: http://lists.trawlering.com/ma > ilman/listinfo/trawlers_lists.trawlering.com > Trawlers & Trawlering and T&T are trademarks of Water World > Productions. Unauthorized use is prohibited. >

There are 3 levels of documents here. CERTIFICATE of INSURANCE: Provides simple verification of insurance, but provides no coverage for the marina. Not really much different from a copy of the Declaration Page of the policy. ADDITIONAL INSURED: Identifies the insured and indicates that the insured accepts responsibility for any damages the the insured actually causes to the Marina's property. ADDITIONAL NAMED INSURED: Provides coverage to the marina to the extent that the insured has coverage in his own vessel. (see attachment for a good explanation of the distinction between these two alike sounding endorsements.) The Additional Insured really only provides coverage for damages that the insured actually causes, & since the insured is likely responsible for such damages anyway, the endorsement only confirms that the insurance company is aware of this contract. Such endorsement normally should have no charge and is easy to get. Additional Named Insured on the other hand would add the marina to the insured's policy and would provide most coverages that are provided to the Named Insured regardless of if damage is caused by the policy holder. There is no additional coverage provided on the policy ($1 Mil = $1 Mil, not $2 Mil). This endorsement would cost money and an explanation as to why it's needed, and may not be readily available. I would submit that there are likely many practitioners out there who may not understand these distinctions or may even use the terms interchangeably. Phil de l'Etoile West Sacramento, CA On Saturday, December 31, 2016, Russ via Trawlers-and-Trawlering < trawlers@lists.trawlering.com> wrote: > Folks > New twist. Marina where I've been for 14 years wants us all to have our boat insurance carrier to " name them as an additional insured". Seems odd and I actually doubt if any insurers would do it. Any comments or feedback. Thanks. Russ > > Sent from my iPhone > > _______________________________________________ > http://lists.trawlering.com/mailman/listinfo/trawlers_lists.trawlering.com > > To unsubscribe or modify your subscription options (get password, change email address, etc) go to: http://lists.trawlering.com/mailman/listinfo/trawlers_lists.trawlering.com > Trawlers & Trawlering and T&T are trademarks of Water World > Productions. Unauthorized use is prohibited. >

Russ, the corporate owned marinas here always "demand" this. My Lloyds insurer gave me a generic letter that basically says "NFW." They do not push it. Lee Turkey On Sat, Dec 31, 2016 at 7:08 PM, Russ wrote: Marina where I've been for 14 years wants us all to have our boat insurance carrier to " name them as an additional insured".…