VESSEL INSURANCE “A WORK IN PROGRESS”

This page is intentionally random as insurance has been a roller-coaster ride – here are some options – if you find any other options we will put them here.

Yacht Insurance companies make survey requests as part of the underwriting process, depending on the age of the vessel.  Generally, they want to see an out of the water condition and valuation survey done by an accredited surveyor.  The main ones are A.M.S. (the National Association of Marine Surveyors @ https://www.namsglobal.org/) or S.A.M.S. (the Society of Accredited Marine Surveyors @ https://www.marinesurvey.org/). 
Those websites can assist boaters in finding a surveyor in their area.

NOVAMAR

According to my Novamar agent, Pacific CAm. and the Caribbean are still areas which they are brokering insurance for. Some underwriters have ceased coverage. Nothing new there! And then there is the issue of boat survey valuation; when I changed to Novamar from Geico 20 months ago it was stated that the boat’s value needed to be $120,000 minimum. And I know some owners have lost coverage because of this.

Craig Chamberlain
CA Lic #0656781
NOVAMAR INSURANCE GROUP, INC.
Marine Insurance Specialists Since 1987
Office: (800) 823 2798
Direct: (949) 424 8265
 
Add us to your address book
 
www.novamarinsurance.com
www.novamarinsurance.com.mx
 

MHG INSURANCE

SANDRA HEMINGER, CISR
Manager, Commercial Division

t 954 548 3594 | c 954 257 8925
mhginsurance.com

 

Jackline/Merkle

thru Susan Waters. +1 (443)569-3700. E-mail is- susan@marineinsurance.cc (not .com)

 They include the Caribbean.

Offer a variety of ways to request a quote for the Jackline (Offshore) Insurance Program:

Speak with our insurance experts by phone: 410.364.7710
Submit an Online Quote Request: Use code = Jackline
Download and complete PDF Form: Submit completed forms to jackline@gowrie.com or 410.827.3758 (fax)

Gary Golden with Manifest Marine located in Virginia. There number is 410-490-9020

 

Gowrie Group | A division of Risk Strategies

  • There must be a US tie (US owners and/or US registered vessel) & a valid US mailing address
  • Owners must have a minimum of 3 years ownership on a similar sized vessel (I’ve seen them consider 2 years with a solid boating resume)
  • Vessel’s over 10 years of age must survey well

Rachel Sloan | Jackline Account Manager
Gowrie Group | A division of Risk Strategies
rachel.imis@gowrie.com

522 Chesapeake Ave, Annapolis, MD 21403
p: 410.364.7707 f: 410.827.3758
www.gowrie.com/jackline

 

W.R. Hodgens Marine Insurance, Inc.

Bill Hodgens
+19544001568
melinda@yachtinsure.com

Pantaneus

dropped us this year and we heard they are no longer covering US documented boats.

 

JACK MARTIN / HANNOVER

Call: (410) 263-8000
https://www.askjack.cc/auto-home-and-personal-insurance/boat-personal-watercraft-insurance/