Insurance for ASA Schools
ASA has partnered with Gencorp Insurance Group on the HarborGuard insurance program. HarborGuard is designed for Sailing Schools and has exclusive features for ASA Affiliates. The program was developed by Randy Carnahan at Gencorp and underwritten by Lloyds, which is rated A (Excellent). Carnahan, with an academic background at NY Maritime Academy and 15 years as US Sailing’s insurance broker, has definite views on how an insurance program for Sailing Schools should be constructed.
“The insurance has to provide Coverage, Value, and, not least – help the Insured grow their business by being flexible. Too many policies try to pigeon hole businesses and tell them what they can or cannot do,” Randy believes. “HarborGuard includes core coverages common to all Sailing Schools, then offers options for additional coverages as may be needed. Do you have a landlord that wants to be named Additional Insured? No charge. Do you provide Powerboat instruction? We can do that. Windsurfing? Kayaks? Canoes? No problem.”
Instructors and Students of insured Schools are also insured by the HarborGuard policy so they do not have to worry about being protected in the event of an accident they may be involved in. Other features include:
- General Business Liability
- Protection & Indemnity
- Jones Act coverage for Instructors
- Hull & Machinery
- Chartering and Boat Rental
- Marina Operations – Storage & Repair
- Racing Liability.
ASA has negotiated special conditions for our Affiliates in addition to the provisions of the standard HarborGuard. The ASA Endorsement provides:
- 5% credit across the board (subject to $1000 minimum premium);
- 200 mile Navigation Limits;
- 45 Day Automatic Acquisition Clause for Vessels valued up to $100,000.
“We have other capabilities such as Docks, Buildings, Extended Nav limits – that also should be mentioned. I invite ASA Members to call or email me to discuss HarborGuard and their own requirements.”
Randy’s Gencorp contact info is:
Randall G. Carnahan
Gencorp Insurance Group
16 Main Street
East Greenwich, RI 02818
voice: 401 884-7800 x182
fax: 401 884-0290
Applications are available directly from the website: http://www.gencorp-ins.com