Boat Insurance 101: Hurricane Deductibles, Coverage & Exclusions

Agreed Value vs. Cash Value, which boat insurance policy is right for you? In this video, Matt Beck, owner of Beck Marine Insurance in Annapolis, Maryland, breaks down the most common questions about boat and yacht insurance after more than 40 years in the marine industry. If you’re looking for clarity on marine insurance coverage, hurricane deductibles, worldwide policies, and exclusions, this guide will help you make smarter decisions and protect your vessel. Read our Blog about the Pitfalls of Yacht Insurance: https://catamaranguru.com/yacht-insurance-know-the-pitfalls/ What You’ll Learn in This Video: Agreed Value vs. Actual Cash Value Insurance. Why agreed value coverage is often the safer option for yacht and boat owners. Worldwide Boat Insurance Coverage including policies for the Pacific, Mediterranean, and Caribbean. Hurricane and Lightning Deductibles how location impacts your premiums. The Hurricane Belt why Cape Hatteras matters for insurance coverage. North-South Boat Strategy, how seasonal cruising can lower your insurance costs. Common Policy Exclusions such as named windstorms, mechanical breakdowns, and lightning strikes. Living Aboard Your Boat? Yes, it’s possible to get coverage with the right plan. This is a must-watch for anyone considering a new boat policy, reviewing their current marine insurance, or planning extended cruising in the Caribbean, Bahamas, or Mediterranean. 🌐 Learn more: BeckMarineInsurance.com #BoatInsurance #YachtInsurance #MarineInsurance #AgreedValue #SailingInsurance #HurricaneCoverageYour Your safe harbor for yacht sales, yacht ownership, liveaboard lifestyle and sailing education, and charter management. Visit our website for insider details on how to own and operate a yacht for less than you think! Get expert yacht buyer assistance to ensure your buy the right boat for you and your dream.