Insurance Claims

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Fires / Lightening / Electrical Damage

Think fires only happen to the other guy who did not maintain their boat correctly? Think again according to a recent Risk Management report by DNV, a global provider of risk management services, “fires and explosions are still the third-largest reason for the total loss of vessels”.

The Yacht above was a total loss and though insurance may cover significant portions of loss the potential expense of significant fines for environmental contamination and the loss of personal treasures remains.

The good news is these kinds of fires are preventable with regular marine electrical system inspections.  Schedule your electrical system inspection today