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Since 1950, Raley, Watts & O’Neill has been serving the insurance needs of our clients. We started as a one person operation in Lexington Park, MD and are proud of our small town heritage. We have worked hard to maintain the fundamental principles of our roots while we have grown into a company that serves clients throughout the Mid-Atlantic, the United States and Internationally. We pride ourselves on getting it right and taking care of the needs of our clients. We simplify the insurance process and take the time to make sure each of our clients understand their options, what they are buying and where their money goes. Our committed staff has the expertise and extensive experience in a broad range of insurance products and services like Commercial, Personal, Bonding, Safety/Risk Management, Group Health, Life and Financial Services. We would welcome the opportunity to demonstrate to you how working with Raley, Watts & O’Neill is about more than just insurance; it is about a long term relationship. We always strive to never veer from our values – C.A.R.E
It's Summertime: Is Your Marina Properly Protected with Insurance?

Anyone who owns a boat will tell you firsthand how important it is to have insurance coverage.  While riding the waters on a boat is of the utmost fun, if an accident were to occur, it can lead to thousands of dollars in damage.  A boat that has sunk must be recovered, and this in itself can cost upward of $5,000.  

In addition to having adequate coverage on a boat, marina owners must have coverage on their property, too.  As expected, insurance on a marina is quite a bit more than a single boat because the marina tends to house many boats at any given time.  The best way to determine whether or not you have the right coverage on your marina is by speaking with an insurance agent who specializes in marina and harbor insurance. 

With years of experience and affordable insurance plans, one of our highly-qualified agents can assess your current coverage and your actual coverage needs.  If there are any gaps, changes can be made to your policy to ensure you are protected as you should be.  You may even find that you are investing in too much coverage.  By altering the policy, you might be able to save money on your premiums.  

There are several types of coverage to invest in for your marina, with the exact types of coverage being based on your level of exposure.  With the right type of policy, you'll enjoy the following types of coverage for protection against:

  • Boat removal
  • Storage damages
  • Fire damage 
  • Incorrect winterizing
  • Worker and civilian injuries

Summertime is coming up in the next month, and the waters are fixing to open up for the busiest time of the year.  Today is the day to make sure your marina and harbor are properly protected with the right insurance.  

Gordon O’Neill
Other articles by: Gordon O’Neill
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