Boats For Sale Newcastle
Preparing Your Boat for A Hurricane
With the hurricane season in full sail and the damage to the US gulf states and the Caribbean from hurricanes likely to cause millions of dollars worth of damage, it is a worthwhile exercise to check your Yacht Insurance cover, with particular regard to hurricane damage exclusions.
Yachtline Insurance of London, one of the major providers of cover for yachts throughout Caribbean region and marine underwriters at Lloyds of London, are warning that in some places, many yacht owners are finding that they are not covered having not complied with the minimum requirements for their policy or taken out or declared the additional hurricane windstorm cover.
Yachtline are pointing out that no matter who insures you, you should observe the requirements for hurricane yacht and boat insurance which are contained within your policy. Ensure you carefully read and understand the small print.
The Caribbean Yacht Insurance cover hurricane affected area is defined as north of 9 degrees North and south of 35 degrees North, west of 55 degrees West and east of 100 degrees West. For Insurance cover purposes this area is defined as the region west from the Venezuela coast and Trinidad in the South to Cape Hatteras in the north.
The Hurricane season runs from June 1st to November 30th and all laying up conditions and procedures must be observed during this period for the yacht insurance to remain valid.
Monohull boats kept out of the water, should be protected in a purpose built cradle made of prefabricated steel. The cradle should have heavy duty webbing applied to it to anchor it down in at least four places.
All multi hulled vessels should be securely laid up ashore and anchored as above.
All sails should be preferably stored safely, and all loose articles properly lashed down.
If the vessel cannot be removed from the water then stern mooring and guardianage should be arranged with the marina owners.
If boat owners take the simple precautions as laid out in their policy then the number of claims and losses disallowed will reduce. Follow the instructions given when making a yacht hurricane area policy declaration.
More information about hurricane cover, boat insurance quotes and yacht personal advice can be found at Yachtline’s website.
Boat for Sale – 1978 44 CSY Walk Over Sloop $108900