Hey… reviewing the NOR among other things… I found liability coverage required is 3x what we generally require for regattas… any thought on how people are handling this?
” Each “person in charge” (see RRS46) shall have current third-party liability insurance with a minimum coverage of not less than $300,000 USD. Proof of this insurance must be presented at registration.”
If you go to your current insurance carrier, simply ask them to increase the limit to $300,000.00. You’ll most likely see an increase in your premium to do this. I wouldn’t delay this in case your insurance provider has issues. Make sure your carrier understands exactly what insurance you need, show them the requirements, good luck everyone, sail fast!