Hurricane Insurance Options for Boaters

Press Release
Thursday, June 28, 2012

GEICO Insurance Agency encourages boaters to review their hurricane insurance options

“It’s important that boat owners understand the details of their hurricane coverage before a storm approaches,” said Eric Baillargeon, GEICO Insurance Agency boat program manager.

“Coverage options such as haul-out protection can go a long way to protecting your investment and bringing you peace of mind.”

Hurricane haul-out protection typically reimburses boat owners a percentage of the cost to move a boat to a safe location when a hurricane watch or warning is issued. Some insurance carriers will also cover expenses such as storage or mooring fees, strapping down and re-launching the boat in calmer waters once the storm has passed.

“It’s much more cost-effective to move a boat to a secure area than to risk facing a dangerous hurricane,” said Baillargeon. “Haul-out protection saves a tremendous amount of money against having a boat potentially damaged or lost because of a storm.”


Maritime Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


P&I Clubs Welcome Changes on Container Weighing

UK P&I Club, a shipping protection and indemnity mutual insurers, and TT Club, an  international transport, freight and logistics insurance provider, have welcomed

U.S. East Coast Threatened by Hurricane Joaquin

Hurricane Joaquin was gaining strength on Thursday as it moved toward the Bahamas, with forecasts still inconclusive on whether the storm would slam into the U.

UK P&I Club's West Africa Piracy Guidance

UK P&I Club provides practical guidance to Members in relation to piracy in West Africa. Stuart Edmonston, Head of Loss Prevention, says: “We have seen a sizable shift in pirate activity,

Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2911 sec (3 req/sec)