Boat Storage Contract: What to Know Before Signing
As a boat owner, finding a safe and secure place to store your vessel when it’s not in use is a top priority. This is where boat storage facilities come into play. Before you sign a contract, it is important to understand what you’re agreeing to and what you should expect from boat storage providers.
In this article, we’ll explore the key components of a boat storage contract and offer tips on what to look for before you sign on the dotted line.
1. Length of Contract
Your boat storage contract should specify how long you’re committing to storing your boat at the facility. This could be a few months, a year, or even longer. Be sure to read the contract carefully to understand how long you’re agreeing to keep your boat at the facility.
2. Payment and Fees
Your contract should outline the payment structure and any additional fees that may apply. This could include charges for late payments or a fee for pulling your boat out of storage early. Be sure to ask about any potential hidden fees before signing.
3. Insurance and Liability
It’s important to understand who is liable for damage or theft while your boat is in storage. Make sure the contract clearly outlines the facility’s liability and insurance policies. Additionally, you should verify that your own insurance policy covers damage or theft while your boat is in storage.
4. Access and Security
Be sure to ask about the facility’s hours of operation and access policies. Will you have 24/7 access to your boat, or will you need to adhere to set hours? Additionally, look for security features such as cameras, alarms, and on-site security personnel. Make sure you feel comfortable with the level of security provided before storing your boat at the facility.
5. Condition of Boat
Before you store your boat at a facility, make sure the contract outlines the condition your boat should be in upon arrival. This could include cleaning requirements, maintenance requirements, or repairs that need to be made prior to storage. Having this information in writing will help ensure that your boat is in good shape when you return to retrieve it.
In conclusion, before signing a boat storage contract, take the time to review the contract’s length, payment structure, insurance policies, security measures, and any condition requirements. By understanding these key components, you can ensure that your boat is in good hands while it’s in storage and that you have a clear understanding of what you’re agreeing to.
