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 […]

Hurricane Preparedness

First responders, boating organizations, and Florida boat insurance companies have no shortage of lessons from recent hurricanes and superstorms. Let’s consider some steps that boat owners can take to protect their marine investments: Get prepared. Create a storm plan for your boat and put it in writing. Having a written plan will make it easier […]

Global Marine Insurance : Hurricane Irene Hits The East Coast

Hurricane Irene ended up traveling along quite a different path than what was originally expected this past week, surprising many residents of the East Coast. Below you can see Irene as it heads toward Florida but changes direction traveling north. Even though the hurricane warning was downgraded to a tropical storm, the storm caused serious […]

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.