(Taken from the HCA website PDF)


Hobie Class Liability Insurance
We’re pleased to announce the new Hobie Class regatta liability insurance policy! This policy is
intended to replace the regatta liability policies that many Fleets presently purchase. In some
ways, this new policy provides more extensive coverage than the policies purchased by Fleets.
Best of all, the Hobie Class is providing this insurance as a benefit of membership, at no cost to
Hobie Fleets or Hobie Class members! Of course “some restrictions apply”, as noted below.
This policy is to protect Hobie Class members in their capacity as Fleet or Division officers,
regatta volunteers, etc. against lawsuits for bodily injury or property damage at both racing and
non-racing Hobie Class events. It does not replace the requirement for each boat owner to
carry their own personal liability and physical damage insurance for their vessel. This is
still necessary, and many major regattas are requiring proof of personal liability insurance upon
registration.
Chubb, a leader in marine insurance, is providing the policy. It consists of three components:
Ø General liability - on land, including liquor sales liability
Ø Marine general liability – bodily injury on docks and slips
Ø Commercial yacht insurance - on the water property damage & bodily injury, including
borrowed boats
The liability limit for all three components is $1 million per occurrence, $2 million aggregate
(aggregate applies to general liability and marine general liability).
Geographical limits of policy:
Ø On land – U.S. (48 continental states), Canada & Puerto Rico
Ø On water – worldwide
Additional Insured:
Additional insured riders are sometimes required by municipalities that want a policy
specifically in their name for a particular event. There will be no fee for on land AI’s,
which are the most common, but the insurance broker should be contacted at least a
month before the event. There is a $50 fee for up to 6 on-the-water AI’s, payable directly
to the insurance broker.
Policy requirements and restrictions:
Ø All current members of the Hobie Class are covered by this policy, with the following
exception. Members of incorporated Fleets, including non-profit corporations, must
continue to obtain their own Fleet policies. Incorporated Fleets are considered separate
legal entities, and unfortunately their members cannot be covered under the Hobie Class
policy.
Ø Larger, non-incorporated Fleets are strongly encouraged to obtain their own policies.
Ø All event announcements or regatta NOR’s must have a reference to NAHCA or Hobie
Class as a co-sponsor. Hobie Class members are only covered at these events.
Ø All Fleets must indicate whether they are eligible for this policy, and should complete
and return the attached form along with a current Fleet roster.
Ø Life jackets must be worn at any youth events and clinics, and are strongly recommended
for all other events.