The Waiver Process with Park The Boat Inc.
Welcome to an ever-changing process of legality protection methods for your dock and your boat. In the beginning phases, we have adopted a Waiver protection process. Before any money is exchanged and before there is an official “handshakes”, all parties must agree to a dockage agreement. We use a waiver during the process of matchmaking all dock hosts with all boating guests. The waiver is automated and electronically signed. Renters (guests) will sign the waiver prior to an official booking or reservation. This is a quick process that can be done online in about 10 minutes, and the signed copy delivered to the host and to Park The Boat Inc. via email. The waiver protects both the home owner (dock host) and the boater from either party claiming bodily injury because of accidental events and circumstances surrounding use of the dock space and or use of, or interaction with, the renter’s boat.
Once the waiver is signed by all parties, a lease contract will then enter into the equation. This is our custom dockage agreement that both parties will work toward tailoring to each of their needs with a flexible amount of give and take built in so that both dock host and boat owner can maximize the rental agreement, payment amounts, and access to amenities offered by the dock host. Dockage agreements will spell out stay durations, define access to and from the dock/boat, and will address topics such as non-payment, late payment, and abandoned boats.
What other helpful protection measures can be implemented for both boaters and hosts?
Boaters will also verify and confirm they have boaters’ insurance and hosts will decide if they want to collect security deposits up front (a security deposit is optional). Security deposits can help a dock host protect themselves from potential non-payment or damages to property.
More about boaters’ insurance – Coverage under a Boat Policy
Common, but not all, policy language for liability under a boat policy is “We will pay all sums which an insured person becomes legally obligated to pay as damages because of bodily injury or property damage resulting from the ownership, maintenance or use of the boat or boat motor described in the Declarations”. Most insurance companies would consider getting into and out of a boat from a dock as part of the “use” of the boat, so an injury that occurred on the dock may be covered under a Boat Insurance policy. Note though, only the Named Insured would be covered.