Ironshore’s personal lines unit now offers an endorsement option for personal watercraft coverage for high net worth insured homeowners. Ironshore’s watercraft program provides “all risk” coverage for watercraft, including jet skis and boats. Coverage can be obtained for multiple boats and personal watercraft for Ironshore homeowner insureds with primary coverage on property valued at $1 million or more in selected states nationwide.
Ironshore coverage is underwritten on an agreed-value basis for personal watercraft of up to $750,000 in value, with hull deductibles ranging from 1 to 5 percent. High value homeowner insureds can secure protection for vessels of higher value if so qualified under Ironshore’s luxury yacht program, which provides coverage for vessels valued above $750,000 and up to $10 million.
Topics New Markets
Was this article valuable?
Here are more articles you may enjoy.
Nuclear Verdicts Go Boom, Increase 40.7% in 2025 
Florida Judge Cans Investment Funds’ Lawsuit vs. Lighthouse Insurance Exec 
Global Insured Catastrophe Losses Expected to Average $171 Billion Annually: Verisk 
Aon Acquires USI Insurance From KKR in $17 Billion Deal Targeting Middle Market 
