Insuring a Boat
Mike Smith
Here’s what you’ll discover in this book…
- The #1 mistake boaters make when choosing an insurance policy
- An insider secret to getting insurance for your wooden boat
- The major differences between actual cash value and agreed value
- The most important section you must read in your insurance policy
- The quickest way to lose money on an insurance claim
- The #1 reason why marinas, yacht clubs and boat yards require insurance
- The easiest step to take before buying boat insurance
- The truth about the cost of boat insurance
- The monster do’s and don’ts about coverage in your insurance policy
- By not using this type of surveyor for your boat, you are limiting your choices of insurance
Highlights from
this Segment
– Why maritime law is different than normal torque law
– Four coverages marinas need to cover themselves
– Why boaters are being asked to have marinas on their policy
– Difference between hull coverage and liability
About Mike Smith
Mike Smith is a Senior Vice-President at Global Marine Insurance Agency, headquartered in Traverse City, Michigan. He began work in the insurance industry in 1975. He is also a board member of the National Marine Bankers Association. Mike designed a special endorsement for bare boat charter fleets that has been adopted by many insurance companies.
