Boat Insurance News

Hull & Company Opens New Marine Department

Hull & Company has now opened a new marine department at its Stockton, Calif. location and has appointed marine risk specialist Quincy M. Schmit as commercial lines marine broker. The Stockton marine department will offer full access to competitive markets …

Boating Loss From Superstorm Sandy Could Set Record

N.J. resident Kevin Kelly couldn’t quite tell the damage Superstorm Sandy caused his 30-foot Wellcraft Sportfisher when he saw it last week. It was in the middle of Shrewsbury Avenue in Highlands, N.J., under a pile of about 30 boats …

Progressive Introduces Expanded Coverage for Boat Propulsion Systems

Progressive Insurance has introduced a new coverage for boaters that offers more complete protection of their propulsion systems. The coverage is called Propulsion Plus, and it pays to repair or replace the lower unit of an outboard motor, or the …

Argo Insurance Forms New Partnership for Watercraft Program

Argo Insurance, a member of Argo Group International Holdings, Ltd., will offer a private and pleasure watercraft program through its Commercial Programs unit in partnership with Osprey Special Risks Ltd., a global marine insurance underwriting agent. The program, which launches …

February Offers Opportunities for Boat Insurers

For boat owners and prospective boat owners, summer doesn’t start in June. It starts much earlier than that. In many cases, it starts in February, when a flood of boat shows are held. As a result, brokers and agents often see …