Hull Insurance Deductible Waiver All sailboats from 22’ to 54’ have Hull Insurance in the event of an accident. The deductible of the vessel is $5,000 or 2% of the vessel value (whichever is higher). Members are responsible for said deductible unless they purchase the deductible waiver. With purchase of the waiver, members will be relieved of financial responsibilities exceeding $250 for sailboats up to 35’ and $500 for sailboats up to 54’. Waivers are automatically charged on an annual basis and renew on the anniversary of the member’s sign-up date until the member requests cancellation. Proration no longer applies, as renewal is now tied solely to each member’s individual start date. The hull insurance damage waiver does not cover gross negligence, such as driving under the influence, operating the engine continuously at high temperature, sailing in severe weather conditions, sail races, ripped sails, etc., nor does it cover lost items such as anchors, winch handles, fenders, safety kits, etc.

Hull Insurance Deductible Waiver All sailboats from 22’ to 54’ have Hull Insurance in the event of an accident. The deductible of the vessel is $5,000 or 2% of the vessel value (whichever is higher). Members are responsible for said deductible unless they purchase the deductible waiver. With purchase of the waiver, members will be relieved of financial responsibilities exceeding $250 for sailboats up to 35’ and $500 for sailboats up to 54’. Waivers are automatically charged on an annual basis and renew on the anniversary of the member’s sign-up date, until the member requests cancellation. Proration is no longer tied to calendar months, as the waiver is now based solely on the individual’s start date. The hull insurance damage waiver does not cover gross negligence, such as driving under the influence, operating the engine continuously at high temperature, sailing in severe weather conditions, sail races, ripped sails, etc., nor does it cover lost items such as anchors, winch handles, fenders, safety kits, etc.