NAMBA membership provides you with liability
and property damage coverage in the unfortunate event that your
boat should be involved in an accident in which a spectator is
injured or damage is done to someone elseís property. This
coverage is $1,000,000 per occurrence and $2,000,000 aggregate. Of
course, this does not cover damage done to another model boat in
the normal course of running. This coverage is primary coverage,
so you do not have to look first to your homeowner's policy for
protection as is the case with some of the other boating
To ensure coverage, NAMBA members may only
participate in running boats
at NAMBA insured sites.
NAMBA liability/property damage insurance is in effect any time a
member is running a boat
at a NAMBA insured site,
not just during sanctioned events, as long as the member is
observing all the NAMBA safety rules. Of course, keep in mind that
you are also expected to be complying with all local and state
laws and restrictions.
Please click here for the most current list
of NAMBA insured sites for this year.
NAMBA Site Insurance
In addition, NAMBA offers additional site coverage to protect
the owner of the running site with the same $2,000,000 as is
afforded the individual member. This is required for the
individual members insurance to be in effect. Some cities and site
owners require this additional coverage. Registered clubs may
purchase this coverage by completing the NAMBA Site Insurance form
with the applicable fee. However, please keep in mind that NAMBA
site insurance provides insurance for, and names as an additional
insured, the site owner only when the accident involves a NAMBA
member. We do not provide general liability coverage for site
owners for all possible hazards which can occur at their lake, but
merely for those caused directly or indirectly by an insured NAMBA
member. This coverage does not cover the site owner if an
uninsured boater or a boater who has insurance through another
organization causes an accident at the site.
And yes, NAMBA's coverage is in effect any time you are running
at a NAMBA insured
site, not merely at
sanctioned events. This includes practice running or unsanctioned
club or fun events. Of course, coverage would not be valid if you
are blatantly breaking one of the NAMBA safety regulations, such
as operating a boat while swimmers are in the water, or consuming
alcoholic beverages or illegal drugs while running a boat. In
addition, NAMBA insurance does not cover you when you are
participating in a sanctioned event of any other organization
which has its own insurance coverage, whether primary or
secondary. So make sure that you are confident that the coverage
provided by the sanctioning organization is sufficient to protect
you during that event, as you will not be able to rely on your
NAMBA site insurance if it is not.
NAMBA insurance also provides you with a $500,000 personal
accident policy which covers injuries which you may incur while
running your boat or while assisting someone else with their boat.
In the past, this has covered such injuries as a cut hand, or torn
ligaments suffered when a boater slipped on the mud in the launch
area. This policy is secondary insurance. That means that if you
have health insurance at work or through a family member, NAMBA
insurance will expect your primary policy to pay first. Then, once
your primary policy has paid what it covers, NAMBAís secondary
policy goes into effect. This would cover such things as
deductibles, amounts over the policy limits, etc. If you do not
have health insurance of any kind, NAMBAís policy covers you the
same as if it were a primary policy.
There are, of course, deductibles on both of these coverages,
$500 on the liability coverage, and $100 on the personal accident
coverage. However, in the past, NAMBA has has been able to pick up
the cost of these deductibles, and we assume we will continue to
do so in the future as long as funds permit.
As you can see, your NAMBA insurance provides you with the best
protection available through any of the model boating
organizations. Hopefully, you will never have to make use of this
coverage, but if you do, you can be assured that you are covered.
Continued availability of this exceptional coverage is of course
to some degree up to you. Make sure that you are aware of all of
the safety regulations, and use common sense in your running.
Preventative medicine is always better than having to resort to a
cure. By avoiding needless accidents, we can insure that the
coverage will be available when really needed.
If you have any questions concerning safety related issues,
please contact the NAMBA Secretary, Al Waters