EQUIPMENT LIABILITY INSURANCE LETTER AND GUIDELINES FOR 2016

LEONARD INSURANCE GROUP,  INC.
2103 E. Darby Road   Havertown, PA 19083
Local Phone (610) 789-9600   Fax 610-789-5757
1-800-SCULLER (1-800-728-5537)
LeonardInsuranceGroup.com  scullerjon@aol.com

Renewal 2016

Leonard Insurance Group would like to thank you for insuring your valuable rowing equipment with us! Your declarations, policy, and equipment schedule are attached.  When you purchase or sell equipment you must call us to adjust the coverage accordingly.  An item needs to be listed in order to be covered.
We also write property, liability, commercial auto, and regatta policies.  We would be happy to quote those for you.  Multi-policy discounts can save you money on your equipment coverage.
Each annual renewal provides an opportunity to apprise our clients of claim trends. Please review the safety guidelines on the back of this page, copy, and post them as appropriate.  Transportation losses were way up this past year, mostly due to failed straps.  See guidelines 3 and 4 for details.
Full premium payment is due by 12/31/15.  We have the ability to take VISA or Mastercard but have to pass along a 3% processing fee.  If you are facing difficulty making full payment in time, we can move your renewal timing to either 2/7/16 or 4/1/16 if that lines up better with your cash flow.  Please contact us to prepare an invoice to span the time until the revised renewal date.
We have the ability to cover shells on a short-term basis.  This is useful if you need to borrow shells for a single race or for an entire season.  Rates vary with exposure, so please call or email for a quote.  Your policy does provide coverage for your scheduled equipment used by others.
Valuation rules allow late model equipment to be valued at replacement cost.  It should be understood that the policy is not a “guaranteed replacement cost” policy.  The limit scheduled on each item is the most that will be paid out in the event of a total loss.  Equipment should also not be “over-insured”, as the overage may not be recouped in the event of a loss.  Kindly review your list to make sure nothing is significantly over valued.  A general rule is that shells over 5 years should be listed at approximate market value. There are exceptions for this rule.  Limits on newer equipment may be raised if the new cost has gone up.  If you have any questions about valuation, please contact us.
As always, it is our goal to provide the broadest possible protection with the best service in the industry.  We wish everyone a healthy and enjoyable 2016.
ROWING EQUIPMENT INSURANCE PROGRAM
SAFETY GUIDELINES
1.      TRAILERS WITHOUT PROPER HITCHES, SAFETY CHAINS AND AUTOMATIC BRAKES WILL NOT BE APPROVED FOR SHELL TRANSPORTATION.  UNDERSIZED VEHICLES WILL NOT BE PERMITTED TO TOW TRAILERS.   OPERATORS MUST BE EXPERIENCED DRIVING SUCH A VEHICLE AND BE OVER TWENTY-ONE YEARS OLD. 3/4 TON VEHICLES STRONGLY RECOMMENDED.
2.      WHEN CAR TOPPING BE SURE TO SECURE BOW AND STERN TO BUMPERS WITH SAFETY LINES.  CERTAIN CAR RACKS DO NOT REQUIRE THE EXTRA LINES.  TRANSPORTATION OF LARGE BOATS ON UNDERSIZED VEHICLES IS NOT PERMITTED.
3.      PROPER TIE DOWN OF BOATS SUSCEPTIBLE TO WIND DAMAGE IS MANDATORY.  THIS INCLUDES TEMPORARY STORAGE AND DURING TRANSPORTATION AND MEANS THE USE OF STRONG MATERIALS.  MOTORS MUST BE SECURED PROPERLY TO LAUNCHES WHEN IN USE AND LOCKED UP WHEN NOT IN USE.
4.      TIE DOWN STRAPS NEED TO BE INSPECTED REGULARLY AND REPLACED WHEN NEEDED.  PROPER STRAPS MAY BE PURCHASED FROM MOST BOAT MANUFACTURERS.  WHEN TRAVELING, INSPECT THE TIE DOWNS EACH TIME YOU STOP TO BE SURE THEY ARE SECURE.  WHEN IN DOUBT, USE MORE OR DOUBLE UP ON TIE DOWNS.
5.      USE EXTREME CAUTION WHEN ROWING IN MARGINAL WEATHER CONDITIONS, ESPECIALLY WHEN DRIFTWOOD IS A DANGER.   MAKE SURE COXSWAINS AND BOWS KNOW HOW TO STAY PARALLEL TO A LARGE WAKE TO AVOID DAMAGE TO THE HULL.
6.      SECURITY MUST BE PROVIDED WHEN BOATS ARE STORED OUTSIDE AND OVERNIGHT AT REGATTAS AND OTHER TRANSPORTATION SITUATIONS.
7.      WE DISCOURAGE ROWING IN THE DARK BUT ACKNOWLEDGE THAT IT MAY BE UNAVOIDABLE IN CERTAIN CIRCUMSTANCES.  BOATS MUST BE PROPERLY LIT BOW AND STERN WHEN ROWING IN MARGINAL LIGHTING CONDITIONS.
8.    ROWING IN AREAS WITH KNOWN SUBMERGED HAZARDS IS STRONGLY DISCOURAGED.   THIS IS ESPECIALLY TRUE WHEN WATER LEVELS ARE LOWER THAN NORMAL.  NEW HAZARDS BECOME A PROBLEM IN SHALLOW WATER.