From the category archives: Brooks-Waterburn Corp Insurance Protection Blog

6/25/2013 4:44 AM

Preventing Boat Theft

During warm weather months, more people are out boating.  Boating is a favorite summer pastime but owning one could be costly, not only in price but in theft if the boat isn’t insured.  Many boat owners don’t consider the possibility of theft, but it is one of the most common crimes that occur each year.  One main reason is lack of safety precautions that owners fail to take.  Below are some tips that can help deter thieves from stealing your boat and the valuables in it. ~Install an alarm system.  Boat alarms are similar to house alarms in preventing the threat of theft.  There are various alarm systems that vary in price and complexity. ~Never leave the keys in the ignition.  This may sound logical but most owners make the mistake of doing this if they feel the location is not a threat. ~Mark the boat and all equipment with an engraving pen.  Engraving your hull number and driver’s license can make recovering the items easier in case they are sto ...

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6/19/2013 2:01 AM

Boat Insurance

Some companies provide limited coverage for damage for small boats such as canoes, sail boats or small power boats under a homeowners or renters policy. Liability coverage is usually not included but can be added as an endorsement on homeowners’ policy. Call us to find out if your boat is covered and what your limits are. Yachts, jet skis and wave runners require a separate policy. For loss or damage, coverage’s include the hull, machinery, fittings, and furnishings which are part of an actual cash value policy or an agreed amount value. Actual Cash Value pays for replacement costs at the time of loss. In the event of a total loss, used boat pricing guides are used to determine it’s approximate market value. Agreed Amount Value means that the policies you and your insurer have agreed on the value of your boat and if there is a total loss, you will be paid that amount. Damage exclusions may include normal wear, insects, mold, animals, or machinery damage. Insurance ...

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4/17/2013 12:17 AM

Boat Pre-Launch Maintenance

It’s spring time! For millions of boaters that means it’s time to take their boats out of storage and put them in the water. Annual preparations and cleaning are necessary to help ensure the boats safety and also to prevent problems that could keep them off the water. Before your launch, here are some main areas of maintenance: Fuel System: Inspect the fuel system for damage or leaks. Signs of damage to fuel hoses include softness, brittleness or cracking. Replace components when necessary and make sure all fittings are secure. Don’t forget to check if the engine, exhaust and ventilation systems are working properly. Electrical System: Inspect all electrical connections and make sure they are fit properly and clean since corrosion is a sign that the connection may not be safe. Charge you battery and have it tested to ensure that it can hold a charge. Propellers and Hulls: Inspect propellers for any dings, cracks or distortion. Make sure it is secured and replace bearings when needed. Dama ...

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7/4/2011 11:47 PM

Top 10 Boating Tips

As Boating season is upon is, here are my top 10 tips to stay safe in the water.  1. Always wear a life jacket and insist that your crew and guests do the same.  Approximately 75 percent of all fatal boating accident victims drowned in 2009.(1) Eighty-four percent of those who drowned were not wearing a personal flotation device (PFD) or life jacket. Always have an adequate supply of personal flotation devices aboard. Make sure that children are wearing appropriate life jackets that fit correctly. Drowning was the reported cause of death for approximately 50 percent of the children who perished in boating accidents in 2009. Seven out of every 10 boaters who drowned were on vessels less than 21’ in length. In cold water areas, life jackets are even more important. A fall into water colder than 60 degrees (Fahrenheit) can induce “cold shock” – a sudden gasping for air that can increase the risk of drowning, especially in older people.  2. Never drink alcohol while boati ...

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