tag:blogger.com,1999:blog-26519985852049086962024-02-07T02:12:14.069-08:00Boat InsuranceSafeguard your boats with Boat InsuranceHealth Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.comBlogger88125tag:blogger.com,1999:blog-2651998585204908696.post-55726742732655317252011-12-19T05:24:00.001-08:002011-12-19T05:24:34.532-08:00Industry leaders gather for boating summitApproximately 160 marine industry leaders from around the country gathered Tuesday and Wednesday in Chicago for a first-of-its-kind Recreational Boating Stakeholder Growth Summit.<br />
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The summit was hosted by the National Marine Manufacturers Association and attended by leaders from all industry segments, including bankers, big-box retailers, consumer organizations, dealers, distributors, insurance companies, boat, engine and accessory manufacturers, marinas, boatyards, trade associations, publishers, yacht brokers, marine representatives and government groups.<br />
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It was the largest and most diverse all-industry discussion ever for the recreational boating industry, the NMMA said.<br />
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Prior to attending the summit, participants completed an extensive survey, answering questions and providing information to help the facilitators create a foundation that the group worked from to begin the all-industry dialogue.<br />
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Out of the survey came four “vision statements” for the industry to work on during the summit, including: “Visions for our industry in 2021: Unified Industry Cross Sector Collaboration Brings Results — Boating Now the Preferred Recreational Choice,” “Boating Participation Soars — New Generation, Highly Diverse, Family Friendly Lifestyle and Consumer Friendly,” “Expanded Access to the Water and the Lifestyle Has Been Achieved” and “Smarter and Fewer Regulations and Better Boating Education Results in Safe, Affordable and Enjoyable Boating.”<br />
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“I think a lot of participants were shocked at some of the missed opportunities, industry trends and overall need for our industry to adjust to the changing population in the U.S.,” NMMA president Thom Dammrich said in a statement. “The summit opened a lot of eyes and created a sense of urgency throughout all industry segments to put something in motion to build recreational boating that we can all work toward.”<br />
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Dammrich opened the summit with a presentation on “Trends in U.S. Recreational Boating,” which was followed by a presentation on “Changing U.S. Demographics and the Boating Industry,” from Steve Murdock, professor of sociology at Rice University and former director of the U.S. Census Bureau.<br />
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Over the course of two days, topics addressing each vision included, but weren’t limited to: existing and future demographics of the boating consumer; marketing and communication strategies; the boating experience; innovation and technology; industry collaboration; and legislation and regulation.<br />
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As a result of the summit, a universal recognition developed among all participants that all segments of the industry have an important stake in working together to develop approaches to grow the recreational boating industry.<br />
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During the next six weeks, the facilitators from the Consensus Center will compile a report of action items and focus areas agreed upon by summit participants that will act as a blueprint for the industry to work against.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com1tag:blogger.com,1999:blog-2651998585204908696.post-69599317525413061742011-11-29T23:20:00.000-08:002011-11-29T23:24:50.190-08:00Safeguard your boats with Boat InsuranceWhen it comes to Boat insurance, many people are confused mainly due to doubts regarding insurance. The confusion drives them to get policies which don't provide several coverages. So, it's very important to clarify all your doubts before getting a policy. For example, your homeowner's policy may not include specialized coverages, such as Agreed Value or Total Loss Replacement, Personal Effects or Fuel Spill Coverage. There are several ways to avail boat insurance in a beneficial way, but most of them are unaware of this ways. Moreover, you won't get several benefits such as liability limits up to $500,000, a wide selection of deductibles, medical payment coverages and much more, if you insure your PWC on your homeowner's policy.<br /><br />Are you asking, how to find a better solution for boat insurance? It's possible. At first you must find a reputed insurance company which has several years of experience in the field of insurance and moreover, get feedbacks from the insurance companies clients about that company. After selecting the insurance company, get the details regarding the benefits which the company provides and check whether it meets your expectations. Make sure that the insurance company would review your specific needs whether all business, pleasure or somewhere in between and design an insurance package to meet them and when you have a loss, check whether there would be an expert claim department. If you get all your expectations fulfilled then you can contact that insurance company and can get the best policy for your boat. You can also avail yacht insurance along with hull coverage in many insurance companies.<br /><br />When you contact a reputed insurance company you would avail several benefits along with personal watercraft insurance. It would cover benefits such as: you won't have any time or location restrictions on your PWC insurance, you would get help with accidental fuel spills that are your legal responsibility, your sunglasses, clothing and cameras would also be covered under PWC insurance, you can get help if your towing vehicle or trailer breaks down, wreckage removal and your water skis would be covered at no additional cost. The most common mistake made by people when purchasing yacht insurance is the assumption that all policies are the same and price is the only difference. There are no standard yacht policies, and most owners discover the gaps in their policy when they have a loss.<br /><br />Homeowner's or render's policy does cover your personal watercraft insurance, but it probably doesn't offer the total coverage you need, especially if you own any jet driven watercraft. Most of the time, physical damage coverage to the craft is not covered. So, get a best shield for your boat in the form of boat insurance and relieve your worries regarding the boat completely.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-47364338126156256462011-09-12T01:48:00.000-07:002011-09-12T01:49:19.390-07:00Obtain Sufficient Boat Insurance Before Exploring Britain's WaterwaysEach year, more and more boat enthusiasts decide to set off on Britain’s canals to enjoy some precious time away with friends and family whilst exploring all that Britain’s rivers and canal routes have to offer. Insure My Boat strongly advise boat lovers to take out appropriate boat insurance to give peace of mind so they can enjoy what they love most, free from the financial burdens that can arise if something goes wrong whilst on board an uninsured canal boat.<br /><br />With Britain boasting more than 4,800 kilometres of beautifully tranquil canals and rivers, it is no surprise that more and more people are giving in to the temptation of exploring everything Britain’s great outdoors has to offer by boat. After all, canal boats provide an ultra-convenient method of exploring, doubling up as a reliable method of transport as well as providing cosy accommodation for you and your comrades. To give an idea of the sheer volume of people taking to Britain’s waters each year, currently canal boats are among 2 million boats in the waters in and around the UK. Worryingly, large proportions of boats are uninsured and are therefore completely unprotected in the unfortunate scenario that theft or accidental damage occurs. <br /><br />“Canal boat owners up and down the country will be setting off in their boats this summer and autumn but unfortunately many people ignore the importance of boat insurance and an increasing number are falling victim to the excessive financial demands placed on them when they have an accident or suffer theft. Investing in boat insurance is vital to ensure Britain’s boat lovers are covered against all possible eventualities.” David Quick, Managing Director of Insure My Boat explains.<br /><br />Statistics reveal that the top three reasons for boat owners making insurance claims in recent years are: accidental damage caused by hitting a submerged object, theft and collisions with other boats. <br /><br />No matter how careful boat enthusiasts are when travelling on Britain’s canals, clearly accidents are as widespread as ever. The damage caused to canal boats in accidents can be extremely expensive to repair especially when another boat is involved. With this in mind, it is vital to ensure appropriate insurance is gained before taking to Britain’s waters.<br /><br />In terms of theft, the stealing of canal boats remains relatively rare. However Britain has seen a recent surge in the number of thefts of brass ornaments and other high value materials from canal boats as well as personal possessions being targeted. Without a sufficient boat insurance policy, victims are not covered financially in the unfortunate event that they too fall victim to these opportunists.<br /><br />To protect all boat enthusiasts against the potential problems that can occur when travelling on Britain’s waters, Insure My Boat have devised an extensive database that is easy to use in order to help find and compare boat insurance policies. This ensures customers get the very best value for money. For more information don’t hesitate to visit their website and get in touch via the contact page.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-87133042623625166512011-09-12T01:46:00.000-07:002011-09-12T01:47:51.819-07:00With fall just around the corner, many snowbirds are itching to finalize their travel plans to warmer climes. If you count yourself among these lucky-There's nothing quite as exhilarating as boating: the wind in your hair, the thrum of the wake against the hull, the snap of the mainsail and the buzz of an outbound fishing line.<br /><br />It's no wonder 75 million people in the U.S. participate in recreational boating, according to 2010 data from the National Marine Manufacturers Association.<br /><br />Where there are boaters, insurers will surely follow. A wide range of property and casualty companies offer boat insurance, including Allstate, Geico, The Hanover Insurance Group, Progressive, State Farm and Travelers.<br /><br />It's easy to feel over your head when it comes to obtaining the proper insurance for your boat. That's because boats are a bit of an odd duck in the insurance world: Insuring a runabout has much in common with buying auto insurance while insuring a million-dollar yacht more closely resembles buying home insurance for a small house.<br /><br />We assembled three knowledgeable insurance experts to answer six important questions about boat insurance.<br /><br />Why Do I Need Boat Insurance?<br />If you're new to boating, you may be under the impression that your homeowners insurance will magically stretch to cover your boat. Sadly, in most cases it won't.<br /><br />"Many homeowners policies will have a minimal amount of coverage for really small boats with either no engine or a very small engine, like a sailboat," says Mitch Jawitz, vice president of marketing and distribution at The Hanover Insurance Group. "But if you're buying a $10,000 or $20,000 boat, your homeowners policy is not going to cover you for what you need."<br /><br />Lynne McChristian, the Florida representative for the Insurance Information Institute, says boats are unique and require their own policy.<br /><br />"Your boat has nothing to do with your home, any more than your car can be covered under your homeowners insurance," she says. "Your home isn't mobile. Your boat, like your car, can go anywhere, so it requires a separate policy."<br /><br />That said, you may save money by bundling your boat policy with your home or auto insurance.<br /><br />"There's often a cross-sell discount," says Chantal Cyr, vice president of product management for Travelers. "At Travelers, if your boat is less than 30 feet and you have one or more policies, you can save 10% for one policy and 15% for the second."<br /><br />How Does it Differ From Home or Auto Insurance?<br />In some ways, boat insurance is a mash-up of home and auto insurance.<br /><br />Like home insurance, a boat policy covers you for liability if someone is injured on your craft and gives you the choice between replacement cost or cash value in a total loss.<br /><br />Like auto insurance, boat coverage typically includes coverage for bodily injury that your boat inflicts on others, property damage your boat inflicts on docks and other boats, and physical damage to your boat should you hit something or run aground. You can also purchase comprehensive coverage against theft, vandalism, fire and flood, personal property coverage for your fishing gear, uninsured boater insurance and even roadside assistance in the event you need a tow.<br /><br />Unlike home and auto, a boat policy may allow you to "lay up" or suspend coverage for specified periods when you're not using the boat.<br /><br />"Sometimes boaters aren't aware of that and (on) some nice day in November, they take the boat out for the day and have an unfortunate incident, only to find out that their boat was to be out of the water from Oct. 15 to April 1," says Cyr.<br /><br />How Do 'Agreed Value' and 'Market Value' Policies Differ?<br />"A boat is a lot like a car. The moment you drive it off the lot, it starts depreciating," says Cyr.<br /><br />To help boaters save money on insuring older vessels, insurers offer the option of "agreed value" (think sticker price) versus "market value" (think depreciation) in the case of a total loss.<br /><br />"With agreed value, the insured and insurer agree on the value of the boat upfront. If something happens to the boat, you're going to get paid up to the agreed value," says Jawitz.<br /><br />"With market value, the boat depreciates; so if the boat is destroyed, you're going to get enough money to replace the boat's (current) value. If you bought the boat in 2005, you're not going to get enough money to buy a 2011 model; you're going to get enough to buy a 2005 model," he says.<br /><br />Like most insurers, Travelers offers a steep discount (25%) with market value policies.<br /><br />"Owners of newer boats typically go with agreed value. As the boat ages and the value depreciates, and they don't have a loan on the boat, you'll see them switch to cash value," Cyr says.<br /><br />Strangely enough, yes -- but not by your boat policy.<br /><br />"When the boat is attached to your car or truck, you are covered by your auto policy should you back into somebody," says Jawitz. "Anytime you're trailering something, the car policy overrides."<br /><br />The bad news is it's covered solely by your auto policy, and only to the limits contained therein.<br /><br />"A yacht policy will not pay for loss of life, bodily injury or property damage that occurs when the insured property is being transported on land," says McChristian.<br /><br />Your homeowners insurance may provide limited coverage if the boat is damaged while parked on your property, but it may not stretch to cover stolen contents or vandalism.<br /><br />To protect your boat (and your assets) from terrestrial liability, Jawitz recommends an umbrella policy.<br /><br />"If someone gets injured, the umbrella policy would come on top of your auto and homeowners and cover you to the additional limits. If you have a boat, it's not only one more asset but it's another opportunity for risk. You want to make sure you're covered," he says.<br /><br />Is My Boat Covered Everywhere?<br />Novice boaters may be unaware of the navigational limits on their boat insurance policy.<br /><br />"Most policies contain a navigational warranty," says Cyr. "It's usually the inland waters of the U.S. and Canada or the coastal waters of the U.S. and Canada for smaller boats up to 26 feet. For larger craft, we have 22 territories that are defined by geographical points. For instance, one of them goes from Eastport, Maine, to Cape Hatteras, N.C.; another goes from Eastport, Maine, all the way around Florida to the panhandle."<br /><br />Be sure your policy provides coverage where you want to roam. It may exclude certain areas for political or security reasons (think Somali pirates).<br /><br />"If you want to do a one-time trip, we provide the ability for the one-time trip, but you need to check in with your agent to make sure you have the coverage provided," Cyr says.<br /><br />Some policies offer an optional endorsement that helps pay to move your boat out of harm's way when a named storm approaches. Travelers pays 50% of the cost to move or haul your boat up to $1,000 per occurrence and $2,000 per policy term.<br /><br />How Can I Save Money on Boat Insurance?<br />Now that you know the basics of boat insurance, let's dig for some savings.<br /><br /><br /><br />Read more: http://www.foxbusiness.com/personal-finance/2011/08/18/dont-sail-off-without-boat-insurance/#ixzz1Xj5TQTVMHealth Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-20137587919119850352011-03-09T02:38:00.000-08:002011-03-09T02:40:54.403-08:00Boat InsuranceShopping for boat insurance can be a very tricky task. Unlike car insurance, it is a very selective field, as the amount of people who are boat owners in the UK is relatively low, therefore providers can afford to keep the price of their premiums at a relatively high rate, although it does depend on the type of boat you own and wish to insure.<br /><br />There are a number of insurance providers who offer quotations and cover online or by phone for most classes of dinghy, sailboard, yacht, speedboat, RBI, narrowboat, rowing boat, houseboat and Jet Ski (the different forms of boat insurance). A third party policy is the minimum level of insurance offered.<br /><br />A typical insurance policy will include:<br /><ul><li>Cover against accidental loss or damage to your boat, including fire, theft and malicious acts. </li><li>Third party liability cover (amount depends on insurer). </li><li>No Claim Discount (amount depends on insurer). </li><li>Claims help lines open 365 days. </li><li>How to make a claim </li><li>Whenever an incident occurs and another boat is involved, take a note of the details of the other persons/boats involved. You will also need to obtain the details of any potential witnesses, which can prove to be difficult whilst afloat, but note the name of the boat or the sail number and make contact once you are ashore. </li></ul><p>The information you might require would include:<br /></p><ol><li>The name and address of the person who was in charge of the other vessel. </li><li>Are they the owner of the boat? If not, the name and address of the boat's owners will be required. </li><li>Their insurance company and policy number if is known. </li><li>Their boat name and / or sail number. </li><li>If possible, try and take photographs of the damage to the boat and email or post with your claim form. </li></ol><p>You will also be required to arrange estimates for the repair or replacement items. Only one estimate may be required initially, but if the costs involved are large, further estimates may be required or a Surveyor may be appointed to inspect the boat or oversee the repairs.<br /><br />Bear in mind it may be necessary to communicate with the other party involved, or their Insurers, before authority can be given to proceed with the repairs.<br /><br />Important factors to remember when buying boat insurance:<br /></p><ul><li>Boat Insurance is not compulsory, but most owners do take out some boat insurance to help cover their large investment in the craft. It is important to remember that some harbours, marinas, or water authorities insist on third-party insurance cover of at least £1 million as a minimum if you are to be allowed to moor your boat. </li><li>First time boat users should be aware that boat insurance premiums can vary depending on their experience. </li><li>Type of boat, current value, and the current location of the boat can also affect the premium the boat owner should expect to pay. </li><li>Make sure all items within the boat are locked away as your boat insurance may not cover you for items stolen that were left on the deck. </li><li>Check through the small print of the boat insurance cover to make sure you are purchasing the cover that is right for you and doesn’t contain any unnecessary cover. Most policies will cover for damage, sinking, collision, theft etc, but make sure this is indicated in the policy document. </li><li>Commercial use of a boat is not normally covered, unless agreed at the time the policy was taken out.<br /></li></ul><p>Finally, remember to shop around when searching for your insurance and compare policies using online tools.<br /></p>Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-17143504645867533372011-03-09T02:35:00.000-08:002011-03-09T02:36:11.556-08:00Regime’s NITC ship insurance cover hit by sanctionsNCRI – The Iranian regime’s biggest crude oil tanker operator NITC said on Friday its ship insurers had declined to renew policy cover for the coming year due to the impact of tightening sanctions in the European Union, Reuters reported on Friday.<br /><br />The privately owned group said its four P&I clubs had declined to renew cover for the 2011/2012 policy year, Reuters said.<br /><br />According to the news agency, Andrew Bardot, executive officer with the International Group of P&I Clubs, told Reuters while he was not privy to the specific negotiations he said that the clubs concerned had been liaising closely with NITC and with the UK Treasury “regarding the sanctions applicable to NITC's insurance arrangements.”Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-3164342365990236172011-03-09T02:34:00.001-08:002011-03-09T02:34:27.412-08:00London ship insurers add Libya to high-risk listLONDON, March 4 (Reuters) - London's marine insurance market has added Libya to a list of areas deemed high risk as violence escalates in Africa's third-largest oil producer, a senior market official said on Friday.<br /><br />Heavily armed rebels clashed with forces loyal to Muammar Gaddafi on Friday on the outskirts of the key oil terminal of Ras Lanuf as the head of Libya's rebel council vowed "victory or death".<br /><br />"The emerging risk had reached a level where as a matter of prudence insurers will require notification from vessels calling to Libyan ports or waters," said Neil Roberts, a senior technical executive with the Lloyd's Market Association (LMA), which represents the interests of all underwriting businesses in the Lloyd's market.<br /><br />"On the issue of pricing, that's a matter for individual negotiation on a voyage-by-voyage basis. It's likely that things will change on a day-to-day basis," he told Reuters.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-67937399978650443982011-03-09T02:33:00.000-08:002011-03-09T02:34:05.842-08:00Marine insurance for shipping firms set to rise this yearSINGAPORE : Marine insurance for shipping companies has increased significantly over the last year and it looks set to rise even higher this year. <br /><br />Analysts said that a typical bulk carrier valued at US$50 million will now have to pay an estimated additional premium of US$50,000 a month.<br /><br />This is partly due to rising piracy risks and political unrest in the region. <br /><br />But analysts said the higher shipping costs would only be passed on to consumers and this would further add to their inflation woes.<br /><br />Analysts said the outlook for the shipping industry looks rough this year. <br /><br />Marine insurers are charging shipowners, such as Rickmers Maritime, higher insurance premiums and this will raise shipping rates. <br /><br />Analysts said this is due to rising piracy risks globally. <br /><br />Thomas Preben Hansen, CEO of Rickmers Trust Management, said: "There is no doubt, (with) additional war-risk premiums, which (are) put in place in the piracy-prone areas, the typical container carrier is faced with up to 30,000 to 40,000 dollars additional premiums (when) going through the piracy area." <br /><br />Analysts added that with the political uncertainty in Korea and unrest in the Middle East, the insurance premiums for ships will rise even higher this year. <br /><br />Teddy Tsai, deputy head of research at DnB Nor Bank, said: "Cargo cover will be influenced by higher events around the world. Last year, we saw things like the Korean missile test and things like that; some of these things can continue this year."<br /><br />Shipping analysts added that Egypt's popular Suez Canal of the Red Sea is now considered a "higher risk area" by marine insurers.<br /><br />As the majority of trade from Asia to Europe passes through the Suez Canal daily, most Asian shippers will have to incur these higher insurance premiums. <br /><br />A spokesperson for General Insurance Association of Singapore (GIA) said that there are two main types of marine insurance - cargo and hull insurance. <br /><br />GIA added that piracy and hijacking risks would have a greater impact on hull than cargo insurance, and in general, ship owners have to bear the higher insurance costs.<br /><br />This is particularly so when the piracy involves the kidnapping of the captain and crew members for ransom.<br /><br />However, shipping experts said that as shipping companies struggle to keep afloat and watch their bottomlines, they are unloading the bulk of these higher costs to their customers instead.<br /><br />Mr Hansen said: "Whether there is an increase in fuel cost or insurance cost, or charter rates, ultimately it will be priced in the freight rate and passed on the consumer. So our carriers, our customers are paying these additional premiums, for the trade on most of our ships." <br /><br />As a whole, however, analysts pointed out that overall insurance costs for shipping companies are still relatively low at less than 5 per cent.<br /><br />Shipping analysts said that shipowners are passing the bulk of these increased costs to the shipliner companies, by charging them higher freight rates. These higher costs will eventually be absorbed by the average consumer on the street.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-4895909102868527322010-11-04T06:01:00.000-07:002010-11-04T06:02:24.740-07:00eap Boat Insurance PricesItems might be bought simply, so can you. If it is possible to obtain the cheap boat insurance, then you’re from the suitable way.<br /><br />Get your own cheap boat insurance as quickly as doable even though you’re not utilizing your sail boat or simply sitting around the docks. Your motorboat is on of one’s home that wants being protected.<br /><br />It is like a home or even a auto. Every asset is a liability and this requires for being insured.<br /><br />You wish to be covered just in case a thing occurs to it. You can easily secure cheap boat insurance by proceeding on the net.<br /><br />Because from the need for insurance policies appropriate now, you are going to recognize which you are just 1 in amillions of investors that are thinking of investing their hard-earned cash in insuring theirboat. So in the event you head out for the open drinking water altogether, you’re all included.<br /><br />This really is what they say about insurance. It is better that you simply have it and not need to have it, than require it but not have it.<br /><br />There are quite a few cheap boat insurance quotes to choose from. Web-sites give info to feasible customers online, this can give them strategy on how the can insure their sail boat.<br /><br />They also get a preview in the ideas available. The very best insurance policies vendors are individuals who’re firm and stand on its strategy charge that they deliver to their purchasers and possible customers.<br /><br />An insurance plan supplier is good in their field if they obtain a high rating on their overall performance like a supplier. Remarks from customers are also an essential element.<br /><br />You will likely see weblinks to the webpage in the insurance policies companies in the event you appear into cheap boat insurance quotations. Seize your opportunity and click around the link so you’ll be able to see the recommendations in the consumers.<br /><br />If you are questioning about the special discounts that come using the cheap boat insurance, you shouldn’t question anymore mainly because the estimates that you just check out will very easily give you the answers which you are trying to find. Compare other strategies to assess you on what arrangement to contemplate.<br /><br />If you are able to get insurance policies in a cheaper rate, why ought to you purchase insurance coverage that are offered to you at the standard selling price?<br /><br />The dollars which you conserve for having cheap boat insurance may be utilized on other factors. It is possible to utilize it to retain your fishing boat.<br /><br />Identify exactly where to obtain cheap boat insurance rates via the internet. Find out where to purchase discount boat insurance quotes from the internet.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-751248287254734252010-10-10T01:52:00.001-07:002010-10-10T01:52:49.167-07:00HomeRecent NewsBlogsDealer OutlookTrade Talk BlogColumnsArchivesCalendar of EventsSubscribeSubscribe to Trade OnlyRenew Trade OnlyDigital EditionChangProgressive is now offering free pet injury coverage on boaters' dogs and cats. <br /><br />If a boater's dog or cat is hurt in a boat accident, the company will pay the veterinary bills up to $1,000, Progressive said.<br /><br />The coverage is free for those with comprehensive and collision coverage. It covers only dogs and cats if they're on a boat and injured in an incident such as a crash, theft, fire or flooding.<br /><br />"Our new pet injury coverage for boaters gives them peace of mind their pets are protected if they get injured in an accident on the water," said Rick Stern, Progressive boat product manager, in a statement.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-76919364503605327612010-10-10T01:51:00.001-07:002010-10-10T01:51:45.019-07:00Regulator missed the boat on insurance company disclosures, says E&Y partner Ashvin ParekhEven as insurance companies are waiting for guidelines on Initial Public Offerings (IPOs) to be issued by the Insurance Regulatory and Development Authority (IRDA), Ashvin Parekh, partner and national leader – Global Financial Services, Ernst & Young Pvt Ltd, has sharply criticised the regulators for dragging their feet over disclosure norms of insurance companies, raising the question whether investors are in a position to evaluate an IPO from an insurance company.<br /><br /> <br /><br />Speaking about the challenges in the valuation process of insurance companies at a seminar in Mumbai recently, Mr Parekh said, “Disclosures for profitability of different product lines should have been made long ago. It would have helped not just for IPOs, but also for corporate governance. But the regulators have already missed the boat by 7-8 years. The authorities kept dragging their feet on Embedded Value (EV) disclosure even after three committees have gone into it. They kept saying it was too technical for them. If it is introduced, now it is impossible for investors to get (an) accurate picture from the disclosure that will be submitted to regulators as per the new guidelines. The regulators should have taken the lead, but confirmed the age-old belief that business is always ahead of regulators.”<br /><br /> <br /><br />Hemant Kaul, managing director & CEO of Bajaj Allianz General Insurance Co Ltd said, “Correct valuations to shareholders may not be available. It will take a strong promoter and brave investor to complete the IPO.” <br /><br /><br />According to Mr Parekh, “Insurance company valuations can be done based on Market Consistent Embedded Value (MCEV). The valuation of Indian life insurance companies will be done differently than their counterparts from Europe because of the ‘savings’ aspect (rather) than ‘protection’. The liability from protection is much less. The valuation of a general insurance company will be trickier due to the element of reinsurance, risk on balance sheet and volatility due to external factors like calamities, etc. Life insurance in India is more stable due to (the) ‘savings’ aspect. The actuarial surplus is an important parameter for judging an insurer. The valuation should consider 14.4% taxation impact on actuarial surplus. LIC paid Rs3,800 crore tax last year on actuarial surplus. For an IPO, it is important to look at underwriting profit with not much impact from investing profit.”Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-7727930298363764682010-09-18T01:46:00.002-07:002010-09-18T01:47:07.586-07:00Progressive offers boat accident insurance for petsProgressive is now offering free pet injury coverage on boaters' dogs and cats. <br /><br />If a boater's dog or cat is hurt in a boat accident, the company will pay the veterinary bills up to $1,000, Progressive said.<br /><br />The coverage is free for those with comprehensive and collision coverage. It covers only dogs and cats if they're on a boat and injured in an incident such as a crash, theft, fire or flooding.<br /><br />"Our new pet injury coverage for boaters gives them peace of mind their pets are protected if they get injured in an accident on the water," said Rick Stern, Progressive boat product manager, in a statement.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-49319017034467797762010-09-18T01:46:00.001-07:002010-09-18T01:46:50.460-07:00What you really need to know about boat insuranceBoat insurance can be a dull, sleepy subject for many boaters and anglers. So why should you care about it?<br /><br />BoatUS just released a short, three-minute video about boat insurance. It covers:<br /><br />-Why your knowledge of home or auto insurance won't help you one bit when buying boat insurance.<br /><br />-Why you should go home tonight to check your own boat's insurance policy for "Consequential Property Damage" coverage.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-71477438072481594922010-09-18T01:45:00.002-07:002010-09-18T01:46:08.154-07:00Boat Sharing vs Owning a BoatIf you are a hardcore boating enthusiast or old salt who knows that you'll be distance cruising, or who wants to be able to spontaneously spend any day or night aboard whenever the whim hits you, or if you have as much fun working on boats as sailing them, or if you're particular about your personal possessions or personal space, then any form of boat sharing is probably not for you. On the other hand, boat sharing can be a fantastic option for new boaters, people on a tight budget, casual now-and-then boaters, those who want to sail in different locations without the long passages, and people with limited time to devote to the life aquatic (we've heard talk that there are other interests worth pursuing, though we've yet to see solid evidence). <br /> <br />Combining these different approaches can also offer a great option for those wanting to try out a number of different types of boats, and can provide a good way to see what you do and do not like before investing in a boat of your very own. You may find the boat of your dreams (or of your nightmares) by chartering, by sailing club boats, or through one of the other sharing methods. You may even find that variety is what does it for you, and you'd rather get experience on a multitude of craft all over the world than be bound to the costs and labor involved in any one particular boat and location. <br /> <br />Final advice: If you decide to charter, enter into a fractional ownership or timeshare, or even just join a club, shop around. We don't recommend particular boating businesses here at YachtPals.com, but you can! If you know of any good boat sharing companies and want to steer YachtPals members and readers in the right direction, or want to warn people about companies which are not so good, please spread the world using our review system.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-75072767326509983682010-09-18T01:45:00.001-07:002010-09-18T01:45:39.900-07:00Boat ClubsBoat club programs are a great way for people to get time on the water, and to try a variety of boats. These clubs are often available through boating or sailing schools, boating associations, boat cooperatives and even some charter and timeshare companies. Though these boat clubs do not generally offer actual ownership of a boat, they can be a cheap and easy way to get significant time on the water, and they have many other benefits. With boat clubs you generally get access to a fleet of power boats and/or sailboats at a specific location, and some clubs offer access to boats owned by the club in other locations as well. Since there are usually many boats available, scheduling is often pretty flexible (except on holiday weekends), unlike timeshares and fractional boat ownerships where you need to plan your boat time well in advance. <br /> <br />The downside is that boats in these types of clubs are generally smaller, and overnight boating time may not be allowed, or may be very limited. Like with chartering, you are only renting the boats, so you won't be gaining any equity (except in some cooperatives), and sometimes these rental boats are put to hard use, and it shows. If you're thinking of going this route, it's a good idea to visit the club mid week to check out its fleet (inside and out), and then again on the weekend to see what might be available in case you had a sudden hankering (and to see how efficiently its run when busy). Also, you might see if you can rent a boat just for a day to make sure you're comfortable getting in and out of the marina before you sign up for a longer term.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-64614066821060957652010-08-14T20:37:00.002-07:002010-08-14T20:38:12.702-07:00Boat Timeshares or Fractional Yacht OwnershipAnother option for sharing a boat is using a professional boat share program. Boat timeshares or fractional yacht ownership companies can be used to handle the ins and outs of sharing a vessel while removing the personal issues, and they can be a good option. These businesses offer watercraft from little fishing boats up to huge sailing mega yachts. Some of these fractional boat ownership programs sell actual 'shares' in the vessels, and other timeshares sell 'memberships,' where the dues you pay provide you access to the boats, but no actual equity ownership. It is very important when using these types of companies to be absolutely clear about what you will and won't get for your money, and to confirm that they have clear, written rules that are enforced. Don't let that beautiful boat lull you - do the same research as you would with any major purchase, and check out the company you plan to use as well.<br /><br />Whether settling on a boat timeshare or a fractional yacht ownership, make sure you get firm prices in writing on not only initial payments and annual costs, but any other costs which might be incurred. Other questions that need to be answered include things like scheduling: How much time do you get on the boat? When can you get your time on the boat, and how far in advance do you generally need to plan? What about major vacation times - everybody wants the boat during holidays and at the height of vacation season, how are these dates negotiated? Then there's ownership: What happens if a partner sells or dies? Can you sell or transfer your share? What happens to your money if you do not receive ownership deeds as part of the deal and the holding company folds? And how about responsibility: How is the boat maintained, and what assurances do you have that it will be kept in good condition? Who cleans and preps the boat? What if the boat breaks down? What happens if you come for your two weeks and the boat is a mess? <br /><br />Do your research, and get everything in writing. The timeshare/fractional boat company surely won't trust your word without a check, and you shouldn't trust theirs without a clearly written contract.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-3389653070970101922010-08-14T20:37:00.001-07:002010-08-14T20:37:33.148-07:00Sharing a Boat with FriendsBuying a boat with friends can be a great way to get on the water for cheap, but it can also ruin friendships. What might seem like a fun and easy way to share a boat can quickly become a complicated mess, where feelings and pocketbooks take the punch. When planning to share a boat with friends, make sure you talk out all the logistics, and there are a lot of them. Don't think that it will all work out, because it probably won't, and if it's difficult to discuss before you get the boat, it will be much more difficult to discuss afterward. <br /><br />To start, how will you determine who gets what dates? Does everyone understand the costs for not only buying the boat, but also the maintenance, taxes, registration, insurance, fuel, repairs, and improvements that will be needed over the years? What about labor? If one person thinks just rinsing her down once a month is enough, and one person thinks polishing every weekend is a must, this can be a real problem! Talk about how to deal with conflicts and resolutions, including how to let (or force) one owner out of his/her share. Set up a clear plan of how to get out before you ever get in! <br /><br />Finally, draw up a firm written contract which you all sign. If you're talking about an expensive boat, having a lawyer look things over would also be a very good idea. If after all this you find that your passion for sharing a boat with friends has cooled a bit, count yourself lucky that you realized it before you lost the money or the friends. Many such partnerships work out well for decades, and sometimes it's the best of both worlds - like having your own boat every other weekend and finding that the maintenance fairy has come and fixed things while you were gone! Other times, it's like reliving your worst roommate experiences at many times the cost. Be careful!Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-68291080072092897182010-08-14T20:36:00.001-07:002010-08-14T20:36:58.874-07:00Chartering a BoatMany people prefer to experience boating by renting or chartering instead of owning their own vessel. After all, many boaters only use their watercraft for a few weekends every year, and the apparently high cost of chartering a yacht is tiny when compared to owning and maintaining one year round. Plus, you can go sailing or boating in different locations around the world if you'd like, or not - many families choose to charter the same yacht every year so that they return to a boat which starts to feel like theirs (even as far as plastering their walls with photos of it!).<br /><br />The other side of this coin is to charter out your own boat. This helps defer costs and maintenance, and can be the perfect solution for those who like to cruise in the off season. Some choose to go through a charter company, and others charter out their boats on their own. Obviously, make sure that you're covered by insurance and that everything is above board whichever way you decide to go, as you don't want to get the bill for damages after some newbie uses your pride and joy to wipe out a whole dock full of mega yachts.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-14682420452446596672010-08-14T20:35:00.002-07:002010-08-14T20:36:33.590-07:00British Marine Federation Statistics Highlight Value of Boat InsuranceThe British Marine Federation released their Spring 2010 Industry Trend Results last week in a report that will come as a welcome relief to industry professionals and enthusiasts alike. The research suggests that the marine and boating industry has managed to stay above water during the worst of the economic downturn, and is now progressing forward at what is being described as a ‘steady’ pace. But with the statistics suggesting that more crafts are due to return to Britain’s coasts and waterways, boat insurance specialists ‘Insure My Boat’ are highlighting the necessity of effective cover.<br /><br />36% of the businesses consulted said that marine activity had increased over the last 6 months, as opposed to the 26% who disagreed. While this may seem negligible, it does result in a net balance of +10% which experts are citing as a good indication for continued growth during the second half of the year and into 2011. But while most would agree that the recent figures should be welcomed, it’s feared that an influx of sailors of all kinds could lead to a boost in collisions and organised crime.<br /><br />David Quick, Director of Insure My Boat welcomed the return of increased opportunities for all in the marine sector, but urged caution in the face of these predictions. He said:<br /><br />‘This report really does vindicate those industry professionals and enthusiasts who have stood by and supported the marine sector during the difficulties of the past few years. It would therefore be a terrible shame to see those sailors who return excitedly to the water suffer at the hands of marine craft theft or collisions of any kind. That’s why the Insure My Boat team feel that boat insurance is so essential.’<br /><br />It’s clear that, should crime statistics begin to rise, the commercial marine sector will do everything it can to safeguard the crafts and possessions of private boat owners. The British Marine Federation report denotes an admirable optimism amongst those involved in the sector. As many as 40% of those surveyed viewed the coming six months as having good or excellent prospects, suggesting that criminals face a confident and united industry.<br /><br />However experts are reminding commercial and private boat owners that only they have the power to truly protect their investments by sourcing effective boat insurance from a provider like Insure My Boat. The recession has reminded many sailors of the importance of protecting what equity they have, regardless of the commodity to which it is tied.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-9620227543883607712010-08-14T20:35:00.001-07:002010-08-14T20:35:51.190-07:00Boat SharingWhen you add up the cost of buying a boat, insurance, and marina fees, not to mention the unavoidable maintenance costs, the thought of owning a yacht (or even a small boat) may be enough to scare you right out of the water. This is particularly true in today's tough and uncertain economy, when the last thing many of us want to do is add another set of monthly bills to our financial burdens. There may be options, however, that will help you spend time on the water without spending all your hard-earned cash in the process, and you might find one is the perfect solution for you.<br /><br />If you're just interested in a short vacation on a yacht, chartering a boat might work for you, as the cost is usually not much more than a stay in a nice waterfront hotel. For those wanting more time on the water, sharing a boat among other owners is a popular option, allowing you to own a yacht while distributing the costs and responsibilities. Then there are boat clubs, a good way to try out many different sailboats and power boats, and to get a feel for one that might be right for you.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-553203620663929402010-03-20T21:44:00.000-07:002010-03-20T21:45:09.137-07:00Sinking Boat Insurance Myths(NAPSI)-They don't believe in the Loch Ness Monster. They don't believe a friend caught Jaws fishing off the Florida coast. Yet some boaters think adding their boat to their homeowners policy protects them from all the incidents that happen on the water.<br /><br />Leading boat insurer Progressive clears up those myths and shares tips so you have the information you need to choose the right insurance for yourself and your boat. <br /><br />Myth: If I list my boat on my homeowners insurance policy, it's fully protected. <br /><br />Fact: In some cases, you might cover your boat by adding it to your homeowners policy instead of buying specialized insurance. But specialized boat policies cover many incidents that a homeowners policy might not. For example, coverage available from Progressive will pay to clean up the spill if your boat leaks fuel, and pull your boat out of the water if it sinks. Homeowners policies won't provide that level of specialized coverage.<br /><br />Getting stranded on the water can make for a long, expensive day, so consider buying specialized insurance to get towing coverage, too. <br /><br />Myth: Boat insurance won't cover my fishing equipment if it's stolen. <br /><br />Fact: With specialized boat insurance, you have the option to also cover personal belongings such as fishing equipment, cell phones and binoculars. So when you're buying your policy, review available optional coverages.<br /><br />Myth: Specialized boat insurance is expensive. <br /><br />Fact: A Progressive boat policy starts at around $100 and can provide more coverage than if you added your boat to your homeowners insurance. <br /><br />Myth: Boat insurance covers me anywhere I go boating.<br /><br />Fact: Some insurance companies only provide coverage where the boat is used most, and may limit coverage to within 100 nautical miles of your home port. Progressive provides coverage virtually anywhere you decide to go in the continental U.S. and Canada.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-8661841232438059702010-03-20T21:43:00.000-07:002010-03-20T21:44:41.274-07:00Canceling boat insurance policy can be costlyI want to alert boat owners about a certain clause in boat insurance plans that I just stumbled across this past week. I was told by my agent that this clause is put in place by the majority of, if not all, insurance companies.<br /><br />I had my boat insurance through Allstate Insurance and decided to cancel my policy due to better pricing with a competitor. Back in December, I paid for a full year of coverage. When I changed insurance companies, I received a check from Allstate for a little less than half of my annual premium.<br /><br />I contacted my agent and was told that recreational vehicles (boats and motorcycles) are front-loaded, whereby the insurance company charges you more in the beginning months of your plan year than in the final months.<br /><br />Therefore, in my case, I was charged for six months of coverage when I only received three months.<br /><br />This is just another way for insurance companies to take advantage of the consumer, meanwhile reporting record profits. I hope one of our state or federal representatives will read this letter and do something about it.<br /><br />In the meantime, boaters, beware when you are canceling your boat insurance policy.<br /><br />Larry JockHealth Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-85329148681925986432010-01-29T20:35:00.000-08:002010-01-29T20:43:13.329-08:00The right boat and yacht insurance cover for when tragedy strikesIt’s always distressing to hear about the tragedies that occur near Christmas and the New Year and, unfortunately, this time of year brings many cases of theft. Whether this is in the home, of a car or boat, without the right insurance cover there is the added cost of repair and replacement. Insure My Boat specialise in providing a variety of boat insurance including, narrowboat, dinghy and yacht insurance to help people protect their belongings against such crime.<br /><br />There has been recent news just before Christmas about a boat theft on the Isle of Wight which has led to the call for any witnesses to come forward. Descriptions of the boat have been given and those companies within the boating industry are helping with the investigation, Insure My Boat being one of them.<br /><br />Of course as much as this is distressing, it does highlight the importance of boat and yacht insurance regardless of what vessel you own. With so many different types of insurance out there it’s important to know of companies that provide a variety to choose from to ensure that you are fully covered at the best price possible.<br /><br />“Insure My Boat provides a service which enables people to efficiently find the cover they need without the hassle of searching for hours. Our website allows people to find the right insurance they need at a click of a button so they can rest assured should incidences occur, we have provided the right cover for them.” David Quick. MD<br /><br />The ongoing recession has meant that many people have struggled this Christmas and therefore are looking for cheaper alternatives to reduce outgoings. With this in mind, Insure My Boat pride themselves on providing a service that ensures people don’t have to reduce their spending on necessities such as insurance.<br /><br />Unfortunately, the recession has also meant that theft has increased and there are many people that are being victims of crime. With this in mind, its essential people are aware of where they can turn to get the right cover they need to be able to claim should incidences occur that cannot be predicted.<br /><br />No one likes the thought of their belongings being stolen or vandalised but reality shows that it does happen and people need to be prepared. Of course, insurance is essential and with Insure My Boat you can ensure that your yacht and boat is covered to your requirements.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-83295427430248152582010-01-29T20:34:00.001-08:002010-01-29T20:35:28.512-08:00Boat insurance protects against weather damageBoat owners are better off leaving their boats at the mercy of the ice than taking their chances trying to get them out, boat insurance providers have warned.<br /><br /><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEigbxbCTXx_8-l0v70Mo4z1i6sJZWzM_57JDQBKbTUHVDv93GbloZas7PBBsDb69TycPSAozTmOfgkzFxg_7p0qZ3Pqg9oBPGNPZ50AUmmAHfscSPi3Bj71_HelsJH2gsVR4cttRTrhr58V/s1600-h/untitled.bmp"><img id="BLOGGER_PHOTO_ID_5432386771811197922" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 206px; CURSOR: hand; HEIGHT: 275px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEigbxbCTXx_8-l0v70Mo4z1i6sJZWzM_57JDQBKbTUHVDv93GbloZas7PBBsDb69TycPSAozTmOfgkzFxg_7p0qZ3Pqg9oBPGNPZ50AUmmAHfscSPi3Bj71_HelsJH2gsVR4cttRTrhr58V/s400/untitled.bmp" border="0" /></a>Craftinsure has customers who have tried to free their boats from ice; one spent the night trying to keep it at bay from their river cruiser in the Lake District, but the insurer warns they might do more harm than good.<br /><br />As frozen slipways make it virtually impossible to take boats out of the water, it is safer for the boat and its owner to leave boats where they are trapped on icebound lakes and inland waterways until the ice melts, Craftinsure has said.<br /><br />Surveyors and other marine trade experts are reassuring boat owners that even thick ice does not pose a particularly big threat to moored boats, but that breaking the ice and trying to remove them could cause damage to the paintwork and protective coatings.<br /><br />Boat owners could also be putting their own safety at risk by trying to break through the ice, Craftinsure warns.<br /><br />But boat owners should still be aware of the risks of cold weather to their boats, the boat insurance company said. For example running the heat and engines can help things from freezing up internally, though it probably will have little affect on the outside and water temperatures could be well below freezing.<br /><br />Boats that are on dry land are still at risk too, even those inside are not safe from the perils of snow, as one boat insurance customer found when their barn roof collapsed under the weight of the snow and landed on their boat inside.<br /><br />Where possible, snow should be removed from boat roofs, and they should be winterised as much as possible as engines are at risk from frost damage. Those who are affected will usually be covered by their boat insurance in this instance, Craftinsure reassures owners.<br /><br />When the snow starts to melt, owners should also be on the lookout, the insurer warns: "As and when the thaw finally arrives, owners need to check their boats over carefully, and in some cases they made need to prepare for the additional risk of flooding as water levels rise again."<br /><br />"For those living aboard, ensure the boat remains ventilated to minimise the risk of a build up of noxious fumes/gases, especially where naked flame type heating is in use. Avoid leaving such heaters unattended, and under no circumstances should combustible material such as clothing or paper be left on top of heaters of this type in case of fire."Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0tag:blogger.com,1999:blog-2651998585204908696.post-71527188281847987092010-01-10T04:04:00.001-08:002010-01-10T04:04:50.725-08:00Insure My Boat Emphasises The Importance Of Yacht Insurance After Thefts Occur Near ChristmasIt’s always distressing to hear about the tragedies that occur near Christmas and the New Year and, unfortunately, this time of year brings many cases of theft. Whether this is in the home, of a car or boat, without the right insurance cover there is the added cost of repair and replacement. Insure My Boat specialise in providing a variety of boat insurance including, narrowboat, dinghy and yacht insurance to help people protect their belongings against such crime.<br /><br />There has been recent news just before Christmas about a boat theft on the Isle of Wight which has led to the call for any witnesses to come forward. Descriptions of the boat have been given and those companies within the boating industry are helping with the investigation, Insure My Boat being one of them.<br /><br />Of course as much as this is distressing, it does highlight the importance of boat and yacht insurance regardless of what vessel you own. With so many different types of insurance out there it’s important to know of companies that provide a variety to choose from to ensure that you are fully covered at the best price possible.<br /><br />“Insure My Boat provides a service which enables people to efficiently find the cover they need without the hassle of searching for hours. Our website allows people to find the right insurance they need at a click of a button so they can rest assured should incidences occur, we have provided the right cover for them.” David Quick. MD<br /><br />The ongoing recession has meant that many people have struggled this Christmas and therefore are looking for cheaper alternatives to reduce outgoings. With this in mind, Insure My Boat pride themselves on providing a service that ensures people don’t have to reduce their spending on necessities such as insurance.<br /><br />Unfortunately, the recession has also meant that theft has increased and there are many people that are being victims of crime. With this in mind, its essential people are aware of where they can turn to get the right cover they need to be able to claim should incidences occur that cannot be predicted.<br /><br />No one likes the thought of their belongings being stolen or vandalised but reality shows that it does happen and people need to be prepared. Of course, insurance is essential and with Insure My Boat you can ensure that your yacht and boat is covered to your requirements.Health Insurancehttp://www.blogger.com/profile/15526661385528595027noreply@blogger.com0