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Recreational Marine

There are 4,228 recreational boating accidents each year

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

Videos

Burns and Wilcox Videos

Are You Missing the Boat on Potential New Business?

When it comes to marine insurance coverage, there’s a of sea opportunity. Are you missing the boat on potential new business? Even if you don’t have marine experts in your organization, you don’t need to let these opportunities float away...

1min 33sec

$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

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