What a marina policy actually covers A marina policy is not one product. It is a bundle, and the bundle differs between carriers in ways that matter after a storm. Dock and pier cover Docks are usually scheduled separately from the buildings. If the schedule is out of date, the payout is too.
Every commercial lease contains an insurance clause, and it is usually the least-read page in the document. It also decides who pays when something goes wrong in a space you do not own. Waiver of subrogation cuts both ways Most leases require each party to waive subrogation against the other, meaning your insurer gives up…
A business owners policy bundles property and general liability into one product, and for a lot of small businesses it is genuinely the right answer. The trouble starts when a business outgrows the assumptions the bundle was built on, which usually happens quietly. BOP eligibility is narrower than people think Carriers restrict BOPs by class,…