Recreational Marine
U.S. consumers spend $36.5 billion on boats, marine products and services each year. With six consecutive years of growth, this trend is expected to continue as consumer confidence remains strong and disposable income continues to increase. Although the boating industry is booming, it can also be dangerous.
In a typical year, there are 4,228 recreational boating accidents resulting in 2,731 injuries and $43.3 million in property damage. With these numbers likely to rise with increased sales, it is important to ensure your clients are protected from these potentially disastrous losses.
Recreational Marine Coverage provides financial protection not only for your client’s boat, but also in cases of bodily injury and property damage.
Coverage Details and Features
Yacht Coverage:
- Yachts, mega yachts, and super yachts
- Cabin cruisers and trawlers
- High performance boats up to 120mph
- House boats
- Sail boats
- Corporately titled vessels
- Vessels flagged in other countries
Available Features:
- Includes options of worldwide navigation coverage
- Hulls with high values up to $200 million
- P&L in excess of $5 million
- Crew coverage
- Charter / Bareboat use
$3,500
1989 41' Viking
$51,400
2018 92' Viking sport fishing boat
$11,300
2008 50' Lagoon catamaran
$9,900
2006 61' Blackwell sport fishing boat
$8,000
1988 55' ocean yacht
$2,100
2007 80' houseboat
$3,200
1999 43' Riviera sport fishing boat
Bundle Opportunities
Applications for this product may vary. Please click below to find the office nearest to you for assistance.
Office Locations