SB606 Compliance for Marinas: How vQuip Can Help
As a marina owner or operator in Florida, you are likely aware of the requirements of SB606, also known as the Boating Safety Act of 2022. This state bill requires marinas to extend coverage to your renters: SB606 requires boat rental operators to either have commercial coverage that extends to the renter (insurance policy must provide coverage of at least $500,000 per person and $1 million per event. The livery shall have proof of such insurance available for inspection at the location where livery vessels are being leased or rented, or location where livery vessels are being leased or rented, or offered for lease or rent, and shall provide to each renter the insurance carrier’s name and address and the insurance policy number) or present the renter with the opportunity to purchase coverage against any accident, loss, injury, property damage, or other casualty caused by or resulting from the operation of the livery vessel of at least $500,000 per person and $1 million per occurrence. If the renter declines to purchase such insurance, the renter must sign and date the following acknowledgement, in at least 14 point font, a copy of which must be retained by the livery for at least one year after the rental period expires, inserting the price of the coverage they declined.
If you are a marina owner or operator, it is important to ensure that you are in compliance with SB606 in order to avoid any potential legal consequences. One way to do this is by securing insurance coverage that meets the requirements of the bill. At this time, vQuip is the only provider of authorized insurance that complies with SB606.
vQuip has a long history of providing insurance coverage for marinas and other businesses in the boating industry. Their team of experienced professionals is dedicated to helping marinas navigate the requirements of SB606 and secure the necessary insurance coverage.
By working with vQuip, marina owners and operators can be confident that they are in compliance with SB606 and that their renters are protected in the event of an accident or other unforeseen event. In addition to meeting the requirements of SB606, vQuip also offers a range of other insurance products and services to help marinas protect their businesses.
If you are a marina owner or operator in Florida, it is important to ensure that you are in compliance with SB606. vQuip is the only provider of authorized insurance that meets the requirements of the bill and can help you secure the necessary coverage for your rented equipment.