Boat Insurance for Hurricanes

[hildegard78]

hello, I have a difficult question? Is it possible to insure the boat for the hurricanes? and, as I'm not resident in the US do you think the companies would allow me to make it?
Thanks!!!!

[rtbates]

I do believe that most, if not all, insurance companies actually have exception for named storms. They'll cover you for everthing BUT NAMED STORMS,ie; hurricanes..
They also carry exceptions for being in hurricane alley during hurricane season.. I think they've had enough!!

[Dave852]

Not sure I fully understand the question. Yes it is possible to obtain insurance with hurricane coverage. Most likely will have a 5 to 10% deductible for named storms. Will have to be above or below certain latitudes during storm season. The north boundary will vary from 23n to more than 30n depending on the insurer.

[s/v Moondancer]

If you had ever been in a hurricane (we had a total of 4 pass over our boats when we lived in Florida) you would not seek insurance but instead stay out of the hurricane box from July to November... June 25th we will be south of 10N and stay there until November.

[Bill_E]

You can get coverage for the hurricane season. We will be leaving our boat in the danger zone, in Puerto Rico. There are some requirements, including a plan for securing her during named storms. And, of course, the premiums are significantly higher if you are in the hurricane zone. If you are in the Continental US there are lots of ways to get insurance. If you are in the islands, including the US islands, the options get smaller and the prices higher.

There is a forum member, Susan Ratrie (Susan@IMIS.pro), who is an insurance broker and we have worked with her for our present policy.

Bill

[Palarran]

I also have hurricane insurance and will be in the zone. There is a larger deductible for a named storm but not excessive. I have to have the boat chained and all running rigging removed if a storm arrives. Also, I have to give the insurance company a complete preparation plan. The cost was about 25% more per year to be covered in the zone.