Hurricane season can be unpredictable, and with slowly rising average temperatures, the number of named storms may increase. As a boat owner, having a detailed hurricane preparedness plan can help mitigate potential damage to your boat. A good hurricane plan consists...
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...
We hope that you do not experience damages due to Hurricane Irma however if you have, please let us help make filing your claim as straightforward as possible. Here's a list of the contact information for each of our carriers. Chubb: 800-945-7461 Markel: 800-362-7535...
One thing we become familiar with in the boat insurance industry is statistics. There are known factors that increase your risk of a boating accident (and consequently needing to make a boat insurance claim). If we were going to do a Family Feud inspired game listing...
Whether you operate your yacht on a lake, on a local river, or in the ocean, you need to be aware of changing water levels. Each year, thousands of boat insurance claims for both damage and injury can be attributed to accidents as a result of changing water levels. As a boat owner and operator, it is important to be aware of current water levels, anticipated water level changes, and regular tidal changes. Each of these things can affect your ability to operate your yacht in a safe manner.
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...
