Two documents. Two different sets of promises. Most boat owners at Percy Priest have only actually read one of them.
The Document You Signed at the Marina
Slip agreements at Percy Priest Lake marinas are written by the marina’s attorneys, for the marina’s protection. They typically include liability language, sometimes requiring boat owners to carry specific minimum coverage, and often shifting responsibility for certain types of damage in ways that surprise owners who never read past the signature line.
The Document Your Insurer Wrote
Your boat policy is written independently of any specific marina, covering your vessel according to its own terms, limits, and exclusions. It has no knowledge of what your slip agreement says, and it wasn’t written to match it.
Where the Two Can Quietly Disagree
- Minimum liability requirements. Some slip agreements require higher liability limits than a boat owner’s actual policy carries, a mismatch that usually goes unnoticed until a claim.
- Named insured requirements. Marinas sometimes require being listed as an “additional insured” on the boat owner’s policy, a step Groogan Insurance Group regularly finds missing when owners bring in their slip paperwork for review.
- Damage responsibility during storms. Slip contracts sometimes place responsibility on the boat owner for damage to the dock or neighboring boats during severe weather, language that doesn’t automatically align with what a standard boat policy addresses.
- Notification requirements. Some agreements require the marina to be notified of any claim within a specific window, a detail with real consequences if missed.
A Ten-Minute Comparison Worth Doing
Pulling out both documents side by side, the slip agreement and the boat policy, and checking them against each other takes less time than most people expect. It’s also the only reliable way to catch a mismatch before it surfaces during a claim.
If you’ve never actually compared your Percy Priest slip agreement to your boat insurance policy, Groogan Insurance Group can walk through both with you directly. Reach out through Groogan Insurance Group, LLC to make sure the two documents actually agree.
