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...
Thinking About Buying a Boat? Here's How to Make the Most of Your Sea Trial If you're seriously considering buying a boat or yacht, a sea trial isn't optional — it's essential. Seeing a vessel at the dock or in a showroom tells you almost nothing about how she...
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.
Securing Your Boat: Your Storm Season Checklist Storm season is a growing concern. Named storms are increasingly forming before the official June 1 start date, and warmer ocean temperatures mean the storms intensify faster. Bottom line: the cost of waiting has risen...
Owning a yacht is one of life's great privileges; it's an investment that pays dividends in experience. But protecting that investment takes more than good seamanship. It takes a disciplined maintenance routine, and regular inspections are at the heart of it. Here's...
Most boat damage isn't the dramatic stuff — no collisions, no capsizing. It's the slow, steady grind of sitting in the water too long. Our insurance specialists hear about it all the time: * Algae growth * Barnacles * Hull blisters * Salt corrosion * Bumping the dock...
