The purchase of a boat or yacht is an exciting event. Once you have purchased your pleasure craft and before you put it in the water, ensure that your new treasure is properly protected. Often times, a boat may be added to an existing property policy. However, most property polices have limitations relating to speed, value and length of a boat.
For more expensive watercraft or high performance boats, you would benefit from purchasing protection from a market that is designed and serviced by pleasure craft specialists. MMR has a long term and successful watercraft program with several insurance companies.
Boats have exposures to potential damage from accidents, storms, and theft. We suggest you discuss coverage and policy limitations such as wreck removal and navigational territories with one of our Professional Insurance Advisors.