Secure Your Yacht for a Storm

GMI Secure Storm

Boatyard 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. […]

Top Pontoons on the Market

GMI hot pontoons on the lake

If you’re not in boat sales or getting asked to quote pontoon insurance, you might not realize precisely how popular pontoon boats have become in recent years! Who’s buying them (and why) might surprise you. The flexibility of the floorplans and the appeal of sunset cruises attract many boaters. There are families and older couples […]

Best Boating Inland Lakes in the United States

GMI best inland lakes usa blog post

With sunny days and warm temperatures on the way, it’s time to get your boat ready, review your boat insurance coverage, and start planning your boating adventures! There are over 117 million lakes in the United States, that make excellent vacation spots without having to travel outside the country. The biggest challenge might be trying […]

Yacht Insurance Claims

GMI Yacht Insurance Claims

If you submit a claim for damage to your yacht, your yacht insurance adjuster will determine if it is a total or partial loss claim. Liability Coverage Note: When your boat or yacht insurance policy coverage includes liability, sometimes called protection and indemnity, that’s what covers you if you injure or kill another person (the […]

Center Console Boat Advantages

375 Center Console

Center console boats are growing in popularity. Our boat insurance specialists will tell you that it’s not just in Florida as you may have thought. More and more people are discovering that they like the layout of a boat with a center console. And it’s more than just appearances that have boaters outside the Sunshine […]

Boat Manufacturer Insurance – Details Matter

boat dock

Every builder or manufacturer faces risk and liability, but with the right boat manufacturer insurance, you won’t have to worry about gaps or inadequate coverage. At the same time, you don’t want to pay too much or over insure your business. A marine business insurance specialist who has expertise with boat manufacturer insurance can help […]

Understanding Yacht Insurance – Am I covered?

03 2018 HydraSport 1709

Don’t waste time wondering if you’re covered. Use these tips to understand your yacht insurance or just call the marine specialists at Global Marine Insurance: Primary parts of yacht insurance: A comprehensive yacht insurance policy will have hull insurance and replacement cost. The hull insurance includes an agreed value as well as replacement cost on […]

Common Boat Insurance Policy Exclusions

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Have you ever looked at your boat insurance policy from start to finish? It’s not always exciting reading, but it is important to know what the exclusions are. Boat insurance policies often exclude types of loss or damage (you can also ask about adding additional coverage to compensate for some exclusions). Each policy is unique […]

Yacht Insurance Companies VS Agencies

boat

As long as you have yacht insurance coverage, does it matter if you work with a yacht insurance company or a yacht insurance agency? It does if you want the best coverage at the most competitive rates for your yacht. Perhaps the best comparison to this choice is whether you’d get a better mortgage rate […]