Marine Boat Insurance Guide

Insurance coverage needed by the ship owner in it activities for operating the ship as a transportation listed as follows: 1 Hull Insurance, including engines, boilers, all fixtures and ship equipment, it's called Hull and Machinery (H & M) insurance.2 Increased value insurance or insurance disbursement.3 Freight insurance.4 Protection and Indemnity Insurance Hull and Machinery Insurance Protect the shipowner from any damage/physical damage of the ship, also guarantees the ship owners from it obligations and responsibilities to third-party, for example, if ship collided with another ship, ship crashed into the dock, and so on. Hull...

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Reasons to Be Denied Boat Insurance

Owning a boat can be a very great adventure for everyone that has one. You are able to head out on the wide open seas and explore the world. When you buy a boat, it seems like everyone wants to be your friend. Weekends will be planned and days at sea will take over your life. Just like buying a car you will want to protect your new investment. Boat insurance is something that is necessary to protect your boat from the unknown wonders of the sea. However, do not think that you can just go out and get a policy. Some buyers are surprised to find that they will actually be denied coverage. To save you the hassle, this article will take a look...

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