Hurricane Preparation for Yacht & Boat Owners

Hurricane Plan Global Marine Insurance

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 […]

Global Marine Insurance : Hurricane Plan

It is worth noting that some insurance companies will reduce their storm deductible from 10% to as low as 5%, or even 3%, if you implement your hurricane plan and save the boat from damage. Ten percent of your boat’s value as a deductible is a big number so it pays to risk manage your storm exposure.