Hurricane Preparation for Yacht & Boat Owners

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 of the following: Checklists Removal: Create a removal list with all items that need […]
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 […]
Filing an Insurance Claim
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 AIG: 888-760-9195 Progressive: 800-776-4737 Here are some tips for filing a […]
Boating Accidents – Common Causes

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 the most common causes of boating accidents in the […]
Boat Insurance Claims & Changing Water Levels
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.
Post Sandy: Boat Insurance Claims & Clean Up
After Hurricane Sandy hit in late October 2012 the immediate news coverage talked about the record damage to the boating industry, with losses and insurance claims for US recreational boats alone amounting to more than $650 million.
Recent news stories are tallying the cost and time involved in cleaning up the coast, which is taking much longer than anticipated.