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Thread: Anything like catastrophic loss insurance?

  1. #1

    Default Anything like catastrophic loss insurance?

    I had heard someone mention catastrophic loss insurance that only covers major events, not smaller things. Thus it is cheaper, but doesn't leave you hanging if you loose the boat. I did some light Google searching and didn't turn up anything. Anyone ever heard of it?


  2. #2
    Join Date
    Jul 2009
    Location
    currently Columbia/Panama
    Posts
    346

    Default Re: Anything like catastrophic loss insurance?

    I don't know if you can get specifically a "catastrophic loss" policy, but you can get a regular policy with a large deductible that would essentially be the same thing. Prices go down as the deductible goes up.

    But I've never seen a policy that pays the full agreed value of the boat only for a total loss.

    Mark
    Mark Cole
    Manta 40 "Reach"
    www.svreach.com

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