• We are serving new and existing clients.

Secure Your Yacht for a Storm

image002Boatyard and yacht insurance claims made in recent years after massive storms demonstrate that there are important steps to be taken to secure your vessel.

While nature is still somewhat unpredictable, we can learn from the successes of others how to increase the odds of weathering the storm with minimal damage.

Head for high ground. Stats show that boats kept in the water during a hurricane or significant storm do not fare as well as those taken ashore – and out of reach of any potential surge. Many boat insurance claims are filed after boats left on lifts or hoists are damaged during severe weather conditions. It is safer to have your vessel hauled to high ground; there are even dry-dock facilities designed to withstand hurricane force winds as high as 140 miles per hour.

Secure boats taken ashore. Just because you’ve taken your yacht or boat out of the water doesn’t mean it’s safe from high winds. Even on shore boats can be blown over, so it is important to make sure that they are properly anchored to something secure. Strap them down with strong tethers that don’t have significant stretch.

Reduce windage. Whether your yacht is ashore or your boat is in the water, reducing windage is a very important preventative measure. Strip off anything that could catch the wind and up the odds that your boat will survive the storm.

Pick marinas carefully. If bringing your boat or yacht ashore is simply not an option, choose your marina with care. A marina that is well sheltered is always preferable because any marina vulnerable to surge offers little protection for boats no matter how well they are secured. Boatyard insurance analysis shows that many vessels come through hurricanes with minimal damage when kept at floating docks with tall pilings. This is likely because the floating docks permit the vessels to rise and fall with the surge whereas fixed docks or floating docks with short pilings stretch and stress the lines. It is advisable to add extra lines if the weather forecast is particularly dire.

Inspect dock lines. The reality is that old dock and mooring lines deteriorate after months and months of exposure to salt, dirt, UV rays, and general wear and tear. Be proactive and invest in new, strong lines that will be better able to withstand chafing and high winds during a hurricane or severe storm.

Whatever you do, don’t wait! Have a hurricane plan and be prepared to take action. It’s much easier to execute an existing plan during an emergency situation than it is to come up with a last minute plan.

When was the last time you reviewed your boat or yacht insurance coverage? Now is the time to ensure that you have the right coverage for your marine investment in the event of a hurricane or other natural disaster. Be aware that when a storm is announced, many insurance carriers implement temporary bans so last-minute changes to your policy aren’t an option.

Be prepared for stormy weather. Call the marine insurance professionals at Global Marine Insurance to review your boat or yacht insurance or boat yard insurance coverage. We specialize in recreational and commercial boats and work with the best insurance carriers in the marine industry.

Best Fall Boating Destinations

You may have already started your Christmas shopping but winter doesn’t officially begin until December 21st, if you want to go on another boating trip before the cold winter weather settles in then you should try visiting some great destinations. Before you travel, you should contact your boat insurance company and ensure your policy covers any possible vessel damage that may occur while in transit. Also, make sure your boat insurance does not possess any winter lay-up periods that cause a lack of coverage when navigating your boat during the winter months. Once you are ready for travel, consider the following popular autumn vacation spots.

Anglers can usually find plenty of action with striped bass and bluefish this time of year from Cape Cod and further south. In particular, the Southwest Ledge of Block Island serves as a large stopover for bluefish and striped bass as they migrate south in the fall. Devil’s Bridge, located off the southwest corner of Martha’s Vineyard, often contains plenty of blues and bass in its rocky reef. Fishers can also find big striped bass and bluefish inside the 20-50 feet deep reefs of the Western Long Island Sound.

Boating across the country provides nature enthusiasts with access to picturesque waterways and shoreline panoramas where the once busy summer shorelines slumber quietly until next spring. These types of scenic trips give boaters prime viewing opportunities to capture the beauty of the season from the water. With nearly 21 miles of tree-filled shorelines, Lake Lure, located in North Carolina, makes a boater paradise from late October to mid November. Surrounded by over 13,000 acres of lush and protected forest, Lake Monroe makes an ideal destination for boaters who want to be surrounded by nature.

Visiting these premium fall destinations will help you obtain some amazing life experiences all while in a boat. So, go ahead and plan your next adventure on the water before winter arrives while keeping in mind that regardless of what type of boating trip you choose, you need to make sure your boat insurance coverage will remain in full effect after reaching your vacation destination. In addition, always check the forecast prior to leaving so you do not get caught up in any unusual and harsh weather conditions while boating.

Fall Boating Tips

Boat enthusiasts know that the arrival of autumn in cooler climates does not mean it has to be time to give up boating. Even in northern regions you can extend your boating season into fall and enjoy this spectacular time to be on the water. That being said the shorter days and cooler weather in northern climates can create challenges. As yacht insurance specialists we are familiar with some of the challenges of cool weather boating and would like to offer some tips.

Night comes earlier, so be prepared: Autumn means the hours of daylight are shorter, so boaters may not be able to rely on visual aids to navigate during the same times that they could before. To be safe, take a few minutes to ensure your electronic and paper charts are up to date.

Time to test, restock and check: It’s a good time to do a quick test of all your onboard navigation and communications equipment as well in case batteries need replacing or anything has been damaged over a busy summer on the water. Now that it is dark early and it’s getting colder you need to know that your lights are all functioning, your flashlights work and your emergency flares are still good. It is a great time to review your yacht insurance for the year ahead.

Be observant: In some northern areas the local water authorities might pull channel markers and buoys once the summer season has ended. If you have relied on these when you’re on the water, be watchful and take notice if anything has been removed. Similarly, storms can approach quickly and we never know when fall blusters will suddenly turn to winter gales. Keep on top of weather forecasts.

Off season also means less help available: While you may love having the waterway or lake to yourself, the more peaceful boating of fall also means that if something goes wrong while you’re out on your boat help isn’t necessarily going to come by quickly. Does your VHF radio work? Test it before you need it desperately.

Fill her up: Keep the tank full because there may not be as many places open in the fall for refueling. You need to ensure you have enough fuel for a round trip.

Safety for cold water: You need to wear a lifejacket of course, but in autumn the cooler temperatures mean that falling overboard also heightens the risk of hypothermia. There are special flotation devices designed for cold-water immersion that will give thermal protection. Additionally, drawing your legs to your chest and wrapping your arms around them will help to conserve your body heat at the core. It is worth taking boat safety courses that cover cold-water survival – and typically taking courses will save you money on your yacht insurance premiums.

Ready to safely stretch the boating season into autumn? Consult the recreational boat and yacht insurance professionals at Global Marine Insurance for all your boat insurance needs.

Labor Day Boating

Celebrating Labor Day on the water is a given for boating enthusiasts (like our yacht insurance specialists). Americans use this long weekend, as a chance to offer gratitude to earlier generations for the eight-hour-workday movement and other benefits we take for granted. It’s also an opportunity to say farewell to summer and have one last celebration before the children go back to school.

Here are our top five ways to celebrate the Labor Day weekend on the water:

Share your love of boating with loved ones: Invite some friends and family to join you on your boat or encourage them to rent a boat and join you out on the water. Plan by checking the maximum capacity of your vessel, so you do not unknowingly exceed it. Then make sure you have enough life jackets for each guest you may have on board. Remember kids have special sizes and grow fast so grab a few spare kid jackets if you have them.

Plan activities for everyone to enjoy: With a bit of preparation before you leave, you can enjoy a variety of activities on the water. You might want to spend time fishing, tubing or doing other water sports, or perhaps even an excursion to go camping from your boat.

Organized activities for Labor Day boaters: Regattas, boat parties, and boat parades are popular on Labor Day. Fishing tournaments and Poker Runs are also fun options. Make this Labor Day an adventure by trying something new. Check out the activities in your area.

Watch the fireworks from your boat: Waterside cities across the country set off fireworks displays to celebrate Labor Day. Your boat can be a great way to enjoy the show. Bring blankets, snacks, and make sure you in a safe area far from any possible debris.

Rest and relax: Slow down, forget about work, and spend the long weekend with those you love. Turn off your cell phone and enjoy the holiday.

Contact Global Marine Insurance and ask to have your boat or yacht insurance policy reviewed to ensure your vessel is adequately covered on the water and in storage.

Yacht Theft Prevention

Minimize your risk of yacht theft by taking precautions, then ensure you have the best yacht insurance to protect your investment.

Thieves target yachts, not just in the hope that they can steal a vessel, also to get the electronics and other valuables.

When a bold thief scaled a marina’s security gate and targeted an 80-foot yacht in San Diego, other quick-thinking yacht owners prevented his escape. In the process, a few suffered injuries, and the yacht’s owner told reporters that the luxury cruiser sustained at least $50,000 in damages. The incident is a perfect example of why you review your yacht insurance coverage carefully for theft and third-party liability.

While stealing a large marine vessel would be nearly impossible without detection (let alone hiding one). A 60-foot luxury yacht was seized from South Florida years ago and seemingly vanished. Thousands of boats are taken in the sunshine state each year alone.

Here are tips from our yacht insurance specialists to protect yourself from yacht theft: