Tag Archives: yacht insurance

Steer clear of the storm—we’ll help pay your way

When someone yells, “Get out of the way!” you should. In fact, we’ll pay you to do it.  One of the benefits of your Boat and Yacht policy is that we’ll cover part of the cost to move your vessel to safety when it’s threatened by a hurricane or named storm. 

Things happen fast when the weather turns, so plan ahead—don’t wait ‘til the storm is on your doorstep. For smaller watercraft, contact a hauling company to move it to inland storage. For larger watercraft, it’s probably much easier just to navigate out of harm’s way yourself as early as possible. Either way, we’ll reimburse you up to $500 for the cost; a higher reimbursement limit is available as an optional endorsement. 

Ask your agent now for a short form that lets us know where you’re normally moored and where you expect to be during an emergency. Then you can focus on acting quickly and show us your expense receipts later. 

You may never need it, but this policy perk will save you both money and a headache if you’re able to get out of the way when Mother Nature tells you to. 

For information only. Not applicable to all situations. 
Coverage is subject to policy terms, conditions, limitations, exclusions, underwriting review, and approval, and may not be available for all risks or in all states. Rates and discounts vary, are determined by many factors and are subject to change. Policies are written by one of the licensed insurers of American Modern Insurance Group, Inc., including American Modern Home Insurance Company d/b/a in CA American Modern Insurance Company (Lic. No 2222-8). 

5 tips for weathering the storm

Boating season. Full of sunshine, fresh air, good times … and sometimes storms. Severe weather not only puts a damper on the fun, it can do real damage to your boat or yacht. Luckily, proper storage and a few preventative measures can help it weather the storm.

If you’re storing your watercraft on land, check out these 5 tips to secure it for smooth sailing all summer long. Make sure to share these tips on your social networks for all the boaters in your life.

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For information only. Not applicable to all situations.