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Global Marine Insurance : Hurricane Irene Hits The East Coast

Hurricane Irene ended up traveling along quite a different path than what was originally expected this past week, surprising many residents of the East Coast. Below you can see Irene as it heads toward Florida but changes direction traveling north. Even though the hurricane warning was downgraded to a tropical storm, the storm caused serious damage and widespread flooding in… READ MORE

Global Marine Insurance : Hurricane Plan

It is worth noting that some insurance companies will reduce their storm deductible from 10% to as low as 5%, or even 3%, if you implement your hurricane plan and save the boat from damage. Ten percent of your boat’s value as a deductible is a big number so it pays to risk manage your storm exposure.

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