Hmm... Is regatta insurance wasted?

Regatta liability insurance covers your Race committee, Volunteers, Club officers against all claims while you are on the water. So... if someone dies on the water (which just happened at a Tornado Race) and his wife and 2 little kids takes you to court claiming that you as PRO and your neighbor in the mark boat (which every one insists is really your rescue boat) were negligent you will have legal representation and any judgment against you will be covered up to one million dollars.

Personally, I think it is irresponsible to ask your volunteers for help in conducting an event and not taking out an insurance policy for some tragedy on the water.

CRAC has the good fortune to be able to use a former sailors private property (as opposed to a state park) for a leg of the Cheseapeake 100 or the Down the Bay. If something happend on the water or on the beach...again we would be completely irresponsible if we did not insure his property. This policy is in addition to the regatta liability coverage.

If everyone involved in conducitng the regatta understands that you are not insured.... so be it.. (Some clubs in our area take this point of view) Full disclosure to those volunteers is the key though.

Do you create a deep pocket if you have insurance?

Well, I suspect that if your fleet did not have insurance then you would be sued personally. So I guess your homeowners insurance would kick in. If not... I guess you defend your self out of pocket. In any case... I want no part of this scene.... Its just not worth it.

For a 30 boat regatta.... it works out to 5 bucks a person for a one time fee!....
Cat Sailors are so damn cheap that they can be penny wise and pound foolish. (damn I am getting old)

Take Care
Mark