Why List a Marina as an Additional Insured
Listing a marina as an additional insured provides the facility with direct legal and financial protection under the boater's insurance policy. While simply providing "proof of insurance" shows that you are covered, adding the marina as an additional insured ensures they are protected if they are sued for an incident involving the boater's vessel.
Key Comparison: Additional Insured vs. Additional Interest
| Feature | Additional Insured | Additional Interest |
|---|---|---|
| Liability Protection | Receives full liability coverage and legal defense. | No coverage provided. |
| Claim Filing | Can file claims directly for damages. | Cannot file claims. |
| Notifications | Receives notice of policy changes/cancellation. | Receives notice of policy changes/cancellation. |
| Cost | May involve a small endorsement fee (often free). | Typically free. |
Most reputable marinas, strictly require this endorsement before a boat can be splashed or assigned a slip.