The January issue has my article on coverage, insurance options and evacuation for and cruisers sailing outside the US.
Id be grateful to learn of what options youve found for future articles.
If you are dreaming of sailing the islands of the , or are doing so now, Caribbean is full for useful and fun reading. Free paper copies are available throughout the islands, but online PDF is easier to get.
08-01-2021, 00:42 | |
Boat: SOLD! 2005 Lagoon, 440, owners version | . Got a link? |
08-01-2021, 07:55 | |
Boat: Bowman 57 Ketch : Searcher | , hit the menu bar, went to the PDF download and wound up with the entire issue. My article on insurance is on page 26. Let’s see if I can attach the text here: Medical Insurance for Caribbean Cruisers By David Lyman / CaribbeanCompass.com “Kids! Help!” I shouted from the bow. “I can’t move.” Something in my lower back had snapped. I lay flat on my back on the next to the , a sharp knife stabbing into my spine. “Roll me over,” I managed to say. “Gently.” My two , ages nine and 11, rolled me over so I could rise up into a crouch. “What happened?” asked Renaissance, my daughter. “I was hauling in the . I pulled too hard. Now, help me back to the .” They were helpful, if too much so, but I managed to get into a sitting position on the seat. My back gives me these spasms from time to time. An old skiing . When they come, I’m in eye-watering pain. I’d rather have a root . I need an adjustment by a chiropractor. It’s a simple maneuver. He jumps on me, twisting my hips one way and shoulders in the opposite directions. I hear and feel something in my lower back ‘snap’ and the pain is gone. I’m sore for a few days as the muscles along my spine recover and mend. I needed a chiropractor now. We’d been anchored in Prickly Bay on the island of for a few weeks. A search found a chiropractor in nearby Le Phare Bleu. Julie, my wife, called and made an appointment for the next day. The got the up and secure, and we motored over, in Petit Calivigny. The helped me into the for the short ride to the marina. The doctor’s clinic was a short walk up the street. He had me sorted me out and back in shape in 20 minutes. EC$60 (approximately US$22). A few months later the back went out again while in the shadow of the Pitons on St. Lucia. We found a chiropractor’s clinic in Rodney Bay. Again, for EC$60 I was fixed up. Time to do some The older I get, the more I’m at risk of hospitalization, or at least a visit to a local island clinic. What are my options? When in trouble, I tell those who sail with me, seek local knowledge. I asked the editor of this magazine what she and her husband do for medical care, living as they do full time on Bequia. “The Bequia Hospital has been great for routine mishaps and follow-ups, and the dentist and dermatologist we see on St. Vincent, for example, are excellent and much more reasonably priced than those in the States,” she said. “But we are both covered by Medicare, so we fly to the States for anything really serious.” She added, “Why don’t you write an article on medical insurance for cruisers to follow up on the yacht insurance stories in the November issue?” There are clinics on most islands and hospitals on the larger ones. Naturally, some are better than others, so it’s wise to ask local folks for recommendations. While treatment is generally at much less cost than back home, it will be an out of pocket expense. So, what about medical insurance — especially for a serious injury or illness? Medical insurance for cruisers and Caribbean residents If you are a US citizen, retired and over 65, you probably have Medicare, Part A and B. Medicare does include treatment in the USVI and , but with limited facilities there. And, even at home, Medicare does not cover all medical costs. You’re stuck paying 20 percent for an outpatient visit, and a hefty co-pay for hospitalization. If you travel outside the US, there are few situations where Medicare might reimburse your out of pocket costs. There are supplemental policies (such as MediGap) you can buy that will fill in what Medicare will not, and some plans include travel outside the States, but for only a limited time. If you are under 65 you may already have private medical insurance, but will it cover medical expenses when cruising in the Caribbean? A hospitalization plan such as Blue Cross/Blue Shield might cost you in excess of $10,000 a year (prices in this article are given in US dollars unless otherwise specified). That’s the of a new set of , an replacement, or the entire cost of a in the Caribbean. Got any options? Sure, haul the and stay at home. Okay, I agree: lousy idea. What else? . I’ll share what I’ve learned. This is not the complete story; it’s just my story. You’ll need to do your own research, read the fine print on various policies, chat with agents, confer with and make your own choices. It’s not easy, and it’s not inexpensive. A few of those I chat with at beachside bars admit they self-insure their and their bodies. It’s a gamble. But, they tell me, after raising for 30 years, self- insurance has worked so far. The only times I’ve had to seek medical services in the Caribbean were those two chiropractors. What if you stuck away $200 a month in a savings account, just for medical emergencies? Create your own insurance plan. In a year, you’d have $2,400. That’s a plane ticket home for treatment, or an outpatient visit to an island clinic. Now, add in another wrinkle. I hear that some islands, such as , the and the Turks & Caicos, are now requiring proof of coverage on clearing in, to include Covid-related treatment. MediGap Insurance? If you’re a US citizen on Medicare, you might consider a MediGap policy, a supplemental policy to cover what Medicare does not. I’m a of AARP (American Association of Retired Persons). I requested their “Supplement” brochure and received a 30-page booklet listing a dozen plans. Plans D and N looked good, as they covered travel abroad, but I had questions. I called AARP and spoke with a rep. We went through the application process, using me as the subject. At the end, if I was in perfect , which I am, with no “prior existing conditions” the supplemental “N” policy, which covers travel, would cost me $172.25 a month. It would cover me for what Medicare would not — but only for the first 60 days of being outside the US or its territories. There’s got to be a better way. For those spending an entire year or season on their or in an island residence, Medicare, even with the supplemental plan, appears inadequate. What do you do you do after the 60 days — fly home every time you need medical attention? Many I’ve talked with do just that. Or you pay out of pocket to an island clinic. Variables and Possibilities What might it cost to fly back to your home country for medical attention? Less than $1,000 on a regular scheduled airline. What if the medical situation required an immediate evacuation flight to your hospital at home? I called two medevac companies based in . A flight from to Boston would take three to four hours, and would cost between $28,000 and $48,000. Ouch! There’s got to be a cheaper alternative. I found SquareMouth.com, a helpful travel insurance comparison website. I typed in my age, resident state, length of my travels (in this case four months), and received three suggestions. I asked for medical and Covid coverage, plus evacuation coverage. I got back three quotes. One looked very attractive, at $227. It was the Safe Travelers’ Voyager plan from Trawick International Insurance. Others came in at over $1,000. The policy details were available, easily read and understood. I e-mailed Kasara at SquareMouth with a series of questions and got an immediate response. Was the $227 quote from Trawick International Insurance, a one-time payment, or monthly? She wrote, “It will cover the four months you requested on the application. It will cover evacuation and medical and it will cover Covid. “Travel insurance policies are dependent on three main factors,” she added, “trip length, traveler’s age and, if including trip cancellation coverage, the cost of the trip. Some policies are rated better for travelers of a certain age, or for travelers who are taking trips of a certain length.” Many of the policies I explored wouldn’t cover those over 84, 75, even 65. When it came to the “evacuation” part, she wrote, “The policy language for a medical evacuation will vary by travel insurance provider, but in most cases, an evacuation must be ordered by a licensed physician, who certifies that the traveler requires an evacuation due to the severity of their injury or illness.” The Gowrie Group agency in Westport, Connecticut, specializes in insurance. They insure yachts and megayachts, yacht clubs, sailing programs, professional crews, , dockyards, as well as providing medical and travel insurance. I spoke with Rick Bagnall, an agent in their division. I couldn’t pin Rick down to a specific policy and cost. “There are too many variables and possibilities,” he said, adding he needs to talk a client through the options to find the best fit. “I can put you in a comprehensive medical plan that’s global for less than most US carriers,” he said. I wasn’t successful in digging more out of Rick; I’ll leave that up to you should you call him. But I was impressed with the Gowrie Groups’ website (Gowrie.com), and their involvement in the marine community. I also found Cigna ( ), a worldwide insurer with an “expat” policy for those residing in or visiting another country for an extended period. I filled in the online form with a few particulars and a reply came back instantly. I saw a US number and called. Ashley helped me through the process of getting a quote. She wanted to know my age and length of stay abroad, and walked me through the options for coverage. I wanted to be covered for sickness, or injury. I might need stitches, a cast for a broken arm, or a test if I wasn’t feeling great. “These are all out-patient services and would be covered.” I asked about Covid-related treatment. “Yes, it would be covered the same as any sickness.” How about a Covid test? “If you are experiencing symptoms, yes, the test is covered. If you just wanted see if you had Covid, that’s discretionary, and would not be covered.” “Evacuation?” she asked. Yes, I wanted to consider getting flown home. “That would also cover ‘repatriation.’” “There’s a difference?” I asked. “Yes. Evacuation is to get you to the nearest medical facility; repatriation is to get you all the way home.” “Do you want dental coverage?” She asked. No, I said, there are dental clinics on most of the islands, and most cost a lot less than those in the States. “It looks like the plan you’ve requested will cost $1,870 a month,” she said when the quote arrived on her . “How much if we take away the evacuation/ repatriation coverage,” I asked. “That would bring your plan down to $1,734.” Ouch! That only saves a C-note. “If we remove coverage while in the US,” she added, “that brings your plan down to $1,402.” I wouldn’t need Cigna’s coverage once back in the States, as I’m covered by the Veteran’s Administration and Medicare. “The outpatient part of your plan is $600 all by itself,” she added. Is that a month, I asked? “Yes, a month.” Now I have to think, what’s my best guess as to what I might need while I’m floating around in the Caribbean? The only medical attention I’ve needed in 20 years of Caribbean cruising was the of a chiropractor, and that was an out-of-pocket expense I gladly bore. While a visit to an emergency ward in the States could cost me $3,500, outpatient care in an island clinic would be a lot less. But were I to have a stroke, a heart attack, a serious liver infection, I’d need hospitalization. If it were elective surgery, I’d fly back to the States. Ashley sent me an e-mail with the final quote. The came down to $908.37 a month. That’s $10,000 a year. The policy would not cover outpatient care, but would cover: cost share with a $0 out of pocket maximum. Inpatient day patient & accommodations costs - Paid in full for a private room. Cancer care - paid in full. Cigna provides a card, much like a Medicare card, that you show to the care provider and they bill Cigna directly. Theirs is not a reimbursement plan. Cigna pays the provider directly, and the coverage is worldwide, except, in my case, with no coverage in the States. What about repatriation or evacuation? Now how about getting me stateside and to the VA or Medicare facility? I can usually fly home for less than $1,000. But if I’m unconscious, strapped to a , and in need of immediate attention I might need a medevac flight. There are a number of plans that might cover an evacuation or repatriation flight back to the hospital at home. DAN, Divers’ Alert , was originally for divers needing emergency evacuation for medical services or a decompression chamber. DAN now has similar service for boaters (DANBoater.org). DAN is not medical insurance. It does not cover doctors or hospitals, but they do provide a hot line where people can talk with a medical pro who can advise on stabilizing the patient and then make arrangements for transportation to a nearby medical facility, if needed. They do not provide repatriation, except if you die. Then they will ship home what’s left of you. The cost of is $60 per individual and $100 for the family for boaters. Global has been round since 2004. They provide global medical services. You can call them on satphone from your yacht, the top of mountain or your rental and speak with a medical pro who walks you through stabilizing the patient. If more immediate medical treatment is needed, Global arranges for evacuation to the nearest “appropriate” medical facility. Once there, Global’s medical team will consult with the onsite doctor, and if agreed, Global will cover repatriation to the patient’s home hospital. Global is not medical insurance. They don’t cover doctor, emergency ward or hospitalization expenses. Their website ( . com) has an easy to complete form that gives you an immediate annual membership fee, based on the length of time you are more than 100 miles from home. When I plugged in my information, half a year’s coverage would cost me $514. A full year would be $639. Global deals with explorers, extreme skiers, mountain climbers, and sailors in far-off places. They also provide travel advisories to high-risk countries and extractions from dangerous situations. All you need is a satphone, service, or a text message device such as the inReach. Medaire ( ) is a medical service company that deals with airlines, private jet clients and megayacht crews. They have a hotline, provide for yacht crews, and will assemble your medical kit. The megayacht community is their primary client, but they do have a package for the private family yacht. So, I’m thinking... A call to a medical pro at DAN or Global might replace or augment a visit to a local clinic. If I am to treat myself, I’ll need a well-equipped first aid kit and some . My captain’s requires I have completed a CPR course. Companies like Medaire can provide training and there are companies that will help you put together a first aid medical kit, based on crew size, age, medical and . I asked Chris, a sailing friend and registered nurse, how she handles medical emergencies. She and her husband live half of each year on a small Caribbean island. “I have medical kits here that include most of our needs for lacerations, cuts, sprains and burns, along with basic medications including antibiotics, steroid creams, and some over-the-counter pain meds. I want to be prepared to treat us for minor issues. If it were something serious, we’d fly to , , or home to .” There are clinics throughout the islands, but their capabilities vary widely and their budgets are sometimes stretched. For $514, I’d call Global and talk with a medical pro before going ashore to a clinic that has been well recommended for the particular care I needed. Final Thoughts My was insured for $150,000 total loss, with a $2,000 deductible on lesser losses or damage. The annual premium? $3,500. That’s close to $300 a month. What am I worth? Certainly more than the value of my boat. Am I willing to gamble that fate will not saddle me with a serious ailment or injury, something I can’t fix myself? What would make me feel better about the future, a $60 membership with DANBoater.org? A $514 membership with Global ? Each of those gives me access to and, if necessary, evacuation. A $227 insurance plan with SquareMouth (Trawick) might cover the local emergency ward and attending doctor expense. And, if needed, a flight to Florida, , or home with the cost covered. Medigap is not helpful after the second month of being away. The $900 a month policy with Cigna would be helpful in my situation, as I have the VA (I’m a veteran) and Medicare covering me at home. For those of you with no medical insurance who are cruising full time, it’s either self-insurance or something like the Cigna plan. But as Rick from the Gowrie Group said, “There are too many variables and possibilities.” I hope this article has enticed you to do your own research. |
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![]() Bluewater cruising insurance – what you need to know![]()
Janneke Kuysters looks at bluewater cruising insurance and explains what you need to know and why it's become increasingly difficult to insure your yacht for long distance cruising ![]() There’s no getting around the fact it has become a lot harder to get boat insurance, particularly bluewater cruising insurance. However, there are still ways to secure good coverage – you just need to know what makes insurers tick. If you want to ruin any cruising sailors’ potluck party on a tropical beach, just drop in a question about boat insurance. Many boat owners have stories to tell. Just about every aspect of the process has become more complicated for bluewater cruising insurance, it takes a bigger chunk out of the cruising budget every year and the rising deductibles make it more and more tempting to go uninsured. So, what is going on in the market and how do you get proper insurance to match your cruising plans? How bluewater cruising insurance worksFirst, let’s look at who you are dealing with when you try to get your yacht insured for a trip to the Med, the Caribbean or a circumnavigation. The insurance company covers your yacht: they write the cheque when there are damages to it or when you’ve caused damage. All this depends on the conditions that you agreed to when taking the policy, but in general, you don’t deal with the insurance company directly when you try to get insurance for a bluewater itinerary. Unlike car insurance, boat insurance is a very specific product and it requires a tailor made approach. Most likely you’ll do business with a broker or an underwriting agent. ![]() Uninsured yacht owners could face enormous salvage, repair and environmental damage costs if the worst should happen. Photo: Ben Welsh Premium/Alamy The broker considers you, your boat and your plans and presents this ‘package’ to several insurance companies. A single insurance company may want to insure you, but it could also be a syndicate of insurers: each insurer accepting a certain percentage of the risk presented by your package. There are different kinds of brokers; the difference lies in the amount of work they take off the hands of the insurance companies. If the broker is just helping you to get cover for your beautiful blue water itinerary, you’ll get a policy with the header of the insurance company. If the broker does a lot more work, for instance manning phone lines for 24/7 assistance and handling of claims, you may find their company name at the top of your policy. Brokers that take the most work off the hands of the insurers are called managing general agents (MGAs). What has changed?Why has it become more complicated to get yacht insurance for blue water voyages? Mike Wimbridge, managing director of Pantaenius UK, explains: “Yacht insurance for offshore itineraries has always been a tailor made market. And we see that, in recent years, there has been less appetite from the insurance companies when it comes to yacht insurance in general. For coastal cruising in UK waters, things are still fairly easy to insure. But for more bespoke risks like insuring a bluewater cruise, we see that the market is nervous.” There are several reasons behind this change, Wimbridge says. “Up until 2017 this was a highly competitive market, so prices were as low as possible. It then became untenable for many insurers, especially when a few big windstorms tore through areas where lots of yachts were stored. “Insurance companies and their reinsurance companies pulled out of the market, leaving a few behind who needed to safeguard their financial situation. So the premiums and deductibles rose. Things are stabilising now, but we still see slight increases annually.” There are other factors at play. The effects of climate change mean extreme weather events happen more often. ![]() Sailing off the beaten track can be challenging to insure. Photo: Janneke Kuysters The typical consumer profile has also changed. In the past, yacht owners usually set off on passage armed with sextants, paper charts and a wealth of experience. Nowadays it has become a lot easier to get started – thanks to everything from computer-based navigation systems to powered sail handling – so owners can set off on a bluewater cruise with less experience. At the same time, boats have become larger and potential claims more expensive: a single lightning strike can destroy tens of thousands of pounds worth of electronics, so it’s perhaps understandable insurers can be nervous to write bespoke policies. However, there are signs that the market is rebalancing. Ric De Cristofano, director of underwriting with Topsail Insurance, says: “The good news is that the insurance market is cyclical: it will bounce back. I think we have the worst time behind us and we’ll see that insurers become more open to write policies for bluewater cruising yachts.” How to get bluewater cruising insuranceIf you are looking for insurance for a bluewater itinerary, Wimbridge says, “Getting a quote is getting harder and harder. You have to ‘pitch’ yourself, your boat and your plans to the insurer. The broker can help you to do this or you can select a carrier that has staff on hand who are experienced in this area. Things like your sailing CV, diplomas and those of your crew, previous long passages that you have successfully undertaken, and technical or managerial skills that will benefit your sailing, are very important to mention. “When it comes to the boat: the more seaworthy, the better. There is no real threshold when it comes to boat value, but a well found yacht that is suitable for offshore cruising is paramount to get insurance.” “We have added a maintenance log to our ‘pitch’ to get insurance,” say American cruisers Jason and Nicky Wynn (see gonewiththewynns.com). “This has added to the success of securing insurance for our boat.” Keep receipts and take photographs as proof of upgrades and repairs, and record a log of routine maintenance. “The third element in your ‘pitch’ is your itinerary,” continues Wimbridge. “The Atlantic and Pacific are well-cruised areas where insurers can assess the risk they are writing. But if you’re heading around Cape Horn or further afield in the Indian Ocean, premiums will rise. So with your choice of itinerary you can influence the height of your premium and insurance conditions.” ![]() Hurricane damaged yacht. Photo: Pantaenius In general, insurers are not keen to cover your yacht if you sail in areas with a cyclone/hurricane risk. They have predefined areas and dates which are important to adhere to if you want to stay insured. You will also have a very hard time finding insurance to sail in areas with political instability, war or threats of terrorism. War Risk zones are internationally acknowledged areas where even large commercial ships pay breathtaking insurance premiums. De Cristofano adds: “Start looking for an insurer at least six months before you plan to leave. Have a chat with your broker to see if they will be able to find insurers that will cover your itinerary. Give yourself ample time to put your ‘pitch’ together and to discuss possible alternatives with your insurer that will lead to a policy that fits your budget. “It pays to negotiate about the deductible: if you are willing to accept a higher deductible, this may make a significant difference in the premium you will be paying, because it signals to the insurer that you have confidence in your yacht and your skills to maintain it properly.” However, Wimbridge warns: “Price is not all; think of insurance as a partnership with the insurer. The cheapest policy may not do what you need it to do when you are in trouble on the other side of the planet. You need an insurer who has the knowledge and the capacity to get help to you where you are: spare parts, technical assistance or even worst case, salvage. A lot of the cheaper insurance options will require hiring a third party provider locally, which may present all sorts of cultural and language barriers. So look at the quality of the policy.” Real world solutionsBill Garlick is a well known name in the cruising community: many boat owners who have sailed to the other side of the world and run into trouble with their insurance get help from Bill at The Marina Shop in Opua, New Zealand. “The marine insurance market had a monumental dislocation at the end of 2018 when many Lloyds pleasure craft syndicates closed their books,” Garlick explains. “The lost capacity created a worldwide shortage of marine insurance for pleasure craft. Cover was difficult to find and premiums started rising. Around 95% of our clients were insured with Lloyds at the end of 2018 and those now with Lloyds can be counted on one hand. A number of insurers stepped in to fill the abyss which meant brokers and clients had to deal with new policy wordings and cruising parameters. By the end of 2019 most clients were placed with new insurers. ![]() Keeping a log of regular maintenance can be helpful. Photo: Janneke Kuysters “A consequence of the contracting market is that marine insurers have tighter criteria and marine insurance is more difficult to secure. Older (30 years-plus), smaller (under 40ft) and low value boats (less than US$100,000) are difficult and sometimes impossible to insure. Standing rigging must be no more than 10 years old (a rig inspection and report is no longer acceptable), surveys are generally required when an insurer takes on a new risk unless the vessel is a relatively new factory production model.” He adds: “Registration is now the key factor in securing marine insurance. Many insurers are not registered in all countries/jurisdictions so they can only offer cover to certain flags. Choosing a flag is now the decision that determines which – if any – insurers can offer terms.” Claudia Masson, CEO of the specialised German yacht insurance broker Preuss, says Brexit has also had an impact on European brokers: “Since Brexit, it is no longer possible for us to insure a UK registered yacht with a UK owner. We’ve had to cancel all the policies of our UK clients; this has limited the amount of alternatives there are for UK boat owners.” “Lightning, windstorm and saltwater damage to electronics and electrical systems are problematic,” adds Garlick. “Many marine insurers simply refuse to offer cover for these risks and others mitigate their exposure by offering high excesses/deductibles.” Go uninsured?Every year a number of cruising yacht owners decide to sail uninsured. There are several reasons for this, but usually it’s because of budget constraints or simply because they cannot find an insurer. But there are considerable risks to going uninsured. First of all, some countries will not let you enter or leave without at least liability insurance – Panama being one example. The same applies to most harbours or marinas. But the most important thing to consider when you sail uninsured is whether you can afford to lose your boat and equipment. Would being uninsured likely change your behaviour – would it make you less likely to issue a Mayday? In the case that you hit a reef, could you finance the cost of salvage and repairing environmental damage? Or the liability if you accidentally hit another yacht or a swimmer in the water? “If you are considering sailing uninsured, there are insurers in the UK that will accept yachts for just the liability insurance,” says Ric De Cristofano of Topsail Insurance. If you enjoyed this….Yachting World is the world’s leading magazine for bluewater cruisers and offshore sailors. Every month we have inspirational adventures and practical features to help you realise your sailing dreams. Build your knowledge with a subscription delivered to your door. See our latest offers and save at least 30% off the cover price.
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![]() You know you want it...Mocka Jumbies and Rum... ![]() Yacht insurance has always been a bit of an issue in the Caribbean and somewhat expensive but neither of these need be the case if Caribbean governments would make third party insurance compulsory and if insurance companies viewed the Caribbean as an opportunity rather than a risk. Too often the excuse for high Caribbean premiums or refusals to write insurance is put down to hurricanes. This excuse does not hold up to close examination. Statistics show that the risk of a hurricane hitting a Caribbean island in any one year is 2% to 3% whereas the risk of one hitting the south-east and east coast of the U.S. is 10% to 12%. Also, with modern weather reporting, vessels in the Caribbean can head off in any one of 360 degrees of the compass whereas, storm avoidance along the U.S. coast is somewhat limited. There are, undoubtedly, some higher risks in the Caribbean and the greatest one is the number of uninsured vessels not just transiting but also mooring in the ports, harbors and bays of Caribbean islands. These uninsured vessels pose the greatest risk particularly in times of bad weather as uninsured vessels often tend to also be the less well found vessels. The risk of damage by an uninsured vessel is the biggest single cause of higher premiums for yachts visiting the Caribbean and the reason for some yachts not including the Caribbean in their itinerary. The problem of uninsured vessels could easily be solved by Governments legislating that all vessels entering their waters must carry a minimum level of third party insurance. Rates for this type of cover are not high and, with an expanded market, the rates would become even lower. Also, most regattas and sailing events do not require compulsory third party insurance. The argument is that it would deter local sailors. However, it has to be wondered how many international sailors do not enter Caribbean regattas because the hail of “No insurance” is not a joke. Insurance for storage ashore is now relatively freely available with the improved storage facilities such as welded cradles, keel holes and properly secured tie downs. There is no necessity to head south at the approach of the hurricane season although many do and a lot of these are uninsured and want to leave the hurricane belt. There are other factors which increase rates but only to a minor degree. These are rogue salvagers, the loading of claims and the fairly mixed repair facilities and levels of skill. Some islands have very high skill levels but others not so. Within such a small market many insurers do not differentiate between islands. Also, with almost all items needing to be imported, parts costs are high. Due to the general lack of legislation relating to yacht insurance and the relative weakness of the regulatory bodies, statutory and otherwise, the Caribbean insurance market is seen as being uncontrolled by many underwriters, which affects their willingness to write insurance and, when they do, the price is inevitably higher. Added to these factors and partly caused by them, the Caribbean is a small volume market and what the insurance companies call a ‘soft’ market. The customer is often given a ‘take it or leave it’ choice. It is understandable that insurance companies are not particularly interested in dealing in a low volume market and, without compulsory insurance; the size of the market is unlikely to experience much growth. The solution to the Caribbean insurance problem really lies in the hands of the governments and, maybe, with the OECS and Caricom. John Duffy is the president of the Caribbean Marine Association . To comment on this article, email: [email protected] Don't Miss a Beat!Stay in the loop with the Caribbean LEAVE A REPLY Cancel replySave my name, email, and website in this browser for the next time I comment. Notify me of follow-up comments by email. Notify me of new posts by email. This site uses Akismet to reduce spam. Learn how your comment data is processed . Bezos’ Billion-Dollar Beast: Koru Cruises the CaribbeanProtecting parrotfish: a key to coral reef survival in the caribbean, double the haul: st. kitts marine works strengthens grip on yacht services in the caribbean, so caribbean you can almost taste the rum.... ![]() Recent PostsLiving on a boat: lessons learned from a lifetime at sea, women take the helm: caribbean regattas led by female powerhouse directors, cast off for fun & prizes: 2024 bastille day kingfish tournament, recent comments, subscribe to all at sea. Don't worry... We ain't getting hitched... EDITOR PICKSTalkative posts, the seven words you can’t put in a boat name, saying “no”, program for financing older boats – tips and suggestions, popular category.
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We provide solutions to many of the challenges in today’s market, via our “bespoke” programs and out of the box approach. ![]() Meet Us Our Team /![]() Having been around boats and yachts for more than 40 years, I have always had a strong passion for the water. My career has taken me to seas and oceans around the world. Beginning my career in the UK and English channel, I transitioned to spending several year in the middle east (Abu Dhabi & Dubai), and then to the Mediterranean, all with work within the marine, automotive and aviation businesses. I spent 5 years with Marsh as the Senior VP leading the Global Yacht division. I then started the first of my companies, Private Insurance Services. Private Insurance Services was acquired a few years ago, allowing me to retire from the corporate world in 2021. However I discovered that retirement was not for me – thus, the birth of Yachtsafe Global, LLC based here in Ft. Lauderdale, FL. I’m honored and humbled to say that the response from former clients and industry leaders has been heartwarming. It would be my pleasure, and that of my outstanding team members, to assist in meeting all of your yacht insurance needs. ![]() Meet Dylan, a seasoned yacht insurance underwriter with a decade of experience in the industry. Dylan specializes in both private pleasure and commercial risks and is dedicated to providing comprehensive coverage solutions to clients with a deep understanding of the unique challenges facing yacht owners and operators. Dylan is known for his expertise in risk assessment and mitigation, providing personalized insurance solutions tailored to each client’s individual needs. Dylan has a proven track record of exceptional service, ensuring clients are protected against potential risks and liabilities, making him a trusted advisor in the yacht insurance market. Contact Dylan today to learn more about his yacht insurance services. ![]() How Can We Help You? Contact Us /Address: 1524 SE 12th Street, Suite 6 Fort Lauderdale, FL 33315 Phone: 954-955-8339 Email: [email protected] ![]() ![]() Horizon Yacht Sales - Yacht Insurance![]() ![]() Yacht Insurance for Privately Managed Yachts and Powerboats with Horizon Caribbean Boat ManagementHorizon places yacht insurance for Owners on over one hundred privately managed yachts and powerboats. We would welcome the opportunity of giving you a quote, with a competitive premium from an A-rated Underwriter, with year-round coverage in the Caribbean, in or out of the water. Contact us today at HorizonContact Horizon for a competitive yacht insurance quote, or if you have another enquiry. Please complete the form on our Contact Us page . Alternatively, you can call us today on +1 844 494 8787 or email us at [email protected] . Our staff are always happy to help and have years of experience in all facets of yacht management. We also have yacht guardianage management available. Find out more here . Horizon Yacht Sales provides yachts built and commissioned to your customised specifications, and as we deal directly with the yacht manufacturers themselves, you are assured of an extremely competitive price. Not only that, but your Caribbean yacht ownership purchase is tax-free! We also offer the ultimate test sail; charter a yacht in our Caribbean charter fleet , and if you buy a yacht within three months, we will deduct up to a week’s charter fee from your purchase price! Horizon Yacht Sales are present at many of the major European and US Boat Shows, including the Annapolis Boat Show (officially known as the United States Sailboat Show). Find out which shows, which yachts and when by visiting our boat shows page here . Horizon Yacht Charters is a premier charter yacht management company offering excellent first-class Caribbean charter ownership programs. Our meticulously well-maintained yachts, truly impeccable customer service, and utterly fantastic value for money, ensure happy charter guests, competitive financial returns and a busy charter fleet for our yacht owners. We have expert knowledge of the Caribbean region and the requirements for yacht ownership programs. ![]() You are about to leave geico.com When you click "Continue" you will be taken to a site owned by , not GEICO. GEICO has no control over their privacy practices and assumes no responsibility in connection with your use of their website. Any information that you provide directly to them is subject to the privacy policy posted on their website. Boat InsuranceStart a boat insurance quote and get out on the water.. Or continue previous quote . Manage Your Boat Insurance Policy GEICO Marine (formerly Seaworthy) Policyholders
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Or call us at (800) 841-3005 Need a boat insurance quote? Existing boat policyholder? Get a boat insurance policy to protect your investment.Boat insurance helps you protect your boat or personal watercraft (PWC) investment. So if you travel across lakes, rivers, or ocean waters of the United States we can help keep your peace of mind afloat. Whether you're looking for a new boat insurance policy or just to save money, we can help you get started with a free boat insurance quote. Make boating better, together. Experience and a name you can trust go a long way when you're shopping for boat insurance. That's why the GEICO Marine Insurance Company has teamed with BoatUS , the nation's largest group of recreational boat owners. Since 1966, BoatUS has been helping to make boating safer, more affordable, and fun. Together, we share a passion for all things boating. We all want cheap boat insurance rates, but customer service matters too. Protect your investment with boat insurance you can count on and get your free online boat insurance quote today. Why do you need boat insurance?A boat insurance policy helps protect you and your boat. If you don't have a separate boat insurance policy, you're probably underinsured. This could mean paying a lot out of pocket for accidents outside your control. Many homeowners policies cover minor boating risks but don't cover your needs sufficiently due to:
Check out our "boating insurance explained" video and article here for more reasons why boat insurance is a smart idea. Boat insurance can provide coverage for:
What types of watercraft are covered by boat insurance?All boats aren't the same. You need to customize your boat insurance to meet your needs and provide your watercraft with the proper coverage. Here is a list of the most common types of watercrafts.
If you don't see your watercraft listed and are looking for more information on different types of boats and insurance for boats, check out our boat FAQ page . What does boat insurance cover?A policy insures your boat against damage and loss caused by common risks, such as collision, fire, storms, and theft. Boat insurance may also help protect you if you accidently injure someone or damage their property with your boat. Service and ClaimsWhen you choose GEICO Boat Insurance, you have access to:
24/7 Boat Towing*GEICO Marine Insurance Company has teamed with TowBoatUS, the nation's largest towing fleet to provide:
Personal Watercraft (PWC) Insurance CoverageYou can get a boat policy for your PWC. Typical PWC insurance coverage includes:
How much does boat insurance cost?Boat insurance is based on the type of boat, length, number of engines and horsepower, how you use it (recreation, commercial charter, racing, etc.), and how and where it will be stored. All of these factors, including the experience and claims record of the owner will factor into the cost of boat insurance. You could save even more with these boat insurance discounts.We know discounts and our watercraft insurance agents can help you get them to help you save on your boat insurance quote. Multi-Policy DiscountsIf you're a current GEICO Auto Insurance policyholder, you could save on your boat insurance . Boat Safety CoursesWe know that safety comes first when you're having fun on the water. When you pass boat safety courses, you could save money on your boat insurance. Haven't taken one yet? Check out available courses from the BoatUs Foundation Site. Need to speak with a boat insurance sales representative?You can reach us at (855) 395-1412
Boat Insurance: Get the answers you're looking for.
There are some types of watercraft that can't be added to a new or existing GEICO boat policy:
GEICO has teamed up with its subsidiary, BoatUS, to bring boaters a policy developed by specialists, with the great service you expect from GEICO. Policies are underwritten by GEICO Marine Insurance Company. BoatUS—Boat Owner's Association of The United States—is the nation's largest association for recreational boaters providing service, savings and representation for over 50 years. The above is meant as general information and as general policy descriptions to help you understand the different types of coverages. These descriptions do not refer to any specific contract of insurance and they do not modify any definitions, exclusions or any other provision expressly stated in any contracts of insurance. We encourage you to speak to your insurance representative and to read your policy contract to fully understand your coverages. Some discounts, coverages, payment plans, and features are not available for all customers, in all states, or in all locations. *Boat and PWC coverages are underwritten by GEICO Marine Insurance Company. The TowBoatU.S. Towing Coverage Endorsement is offered by GEICO Marine Insurance Company, with towing services provided by the BoatU.S. Towing Program. Towing coverage only applies to the insured watercraft. Colorado Language Preference Are you a resident of or looking for insurance in the State of Colorado? We are temporarily unable to provide services in Spanish for Colorado residents. You will now be directed to an English experience. Estamos encantados de ofrecer nuestra nueva version del sitio web en Español. Apreciamos su paciencia mientras seguimos mejorando su experiencia. ![]() Motor Insurance![]() Island Heritage Motor Insurance gives you more options for a better price Find out more about our Motor Insurance » Home Insurance![]() Relax with Island Heritage Home Insurance Find out more about our Home Insurance » preparednessBe prepared this hurricane season with these tips. Get started » ![]() Join us on Facebook Underinsurance—It's just not worth it.. Make sure you have the coverage you need in the event of a claim. Learn more » Hurricane adviceDownload our free guide to hurricane safety ![]() Make a claimWe're here to make your claim as easy as possible ![]() Got questions?Here are some useful answers to help you ![]() Get in touchWe'd love to know what you think about our services ![]() Boat InsuranceGet specialized boat insurance for as little as $100 per year * Enter the ZIP Code where your boat is kept during boating season. . Read more Bundle and save an average of 5% on auto! Δ list with 3 items
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Progressive simplifies boat insuranceWe give you the freedom to boat wherever you'd like on any lake or river in the U.S. and Canada, plus ocean waters within 75 miles of their coasts. And, we drop the common requirements and restrictions other insurers may force on you. For example, we don't require a marine survey to purchase your policy, which could cost around $600 for a 30-foot boat. Get a boat insurance quote from Progressive so you have the protection you need to get on the water right away. We insure over 1 million watercraft, and we can help insure yours, tooWith over 35 years of boat insurance experience, we know how to keep you afloat. So, as long as your boat or personal watercraft (PWC) is valued at no more than $500,000 and is up to 50 feet long, we’ll most likely insure it. †† Don’t see your watercraft listed here? Call us at 1-855-347-3939 and we’ll do what we can to get you covered. Bass & fishing boatsBoats built specifically for fishing, with features like trolling motors, power poles, etc. Pontoon boatsBoats built on hollow metal cylinders for cruising on lakes and rivers The most popular type of boat, used for fishing, cruising, watersports, and more Personal watercraft (PWC)These include Jet Skis, Sea-Doos, WaveRunners, and similar watercraft meant for one to three people Boats that use at least one sail for power, although they may also have a motor Ways to save A boat insurance policy that offers more in savingsSee why we're way above water when it comes to boat insurance discounts. Get a boat insurance quote online and we'll automatically apply each discount you're eligible for. Multi-policyIs your home, car, motorcycle, or RV insured with us? You could save even more on boat insurance if you have another Progressive policy. You’ll earn a discount for having more than one watercraft on your policy. Original ownerOne of the easiest ways to save! If you are the original owner of your watercraft, we’ll give you a discount. Safety courseAnyone can save. Just complete any state-approved safety course to save even more on your boat insurance policy. Boat insurance that covers those choppy watersWe automatically include liability to pay for damages and injuries you cause if you hit another boat, person, dock, buoy, or something else. Plus, we offer comprehensive and collision to pay for damage to your boat in addition to other protections and benefits that you may not get with every insurer. Some of our coverages Sign & Glide® on-water towing †If you run out of gas or your boat breaks down on the water, Progressive’s optional Sign & Glide coverage pays for on-water towing, fuel delivery, ** soft ungroundings, and jump starts. We even arrange for the tow and pay the tow operator directly (in most cases). Simply download our Sign & Glide app on your smart phone and you’ll never worry about an on-water breakdown. More on Sign & Glide . Example: You run out of gas in the middle of a lake. If you added this protection, just call our dispatch center (number included on your policy card) or contact us through the Sign & Glide app. We’ll then deliver fuel and/or tow you to the nearest shore. Full replacement costWhen your watercraft needs to be repaired, we always bring your boat back to its previous condition or better, and never depreciate the value of any of your parts. Example: Four seats are damaged on your 10 year-old boat. They’re older and only worth $50 each, so some insurers may only give you $200 ($50 per seat). But, you need new ones that cost $250 each. We’ll pay the full $1,000 for all new seats. That's an $800 difference! Propulsion Plus®Add Propulsion Plus and we repair or replace the lower unit of an outboard motor, or upper and lower units of an inboard/outboard motor, if you have a mechanical breakdown—even if it’s caused by wear and tear. Propulsion Plus is optional and starts at just $38/ per year. Compare that to the thousands you could pay out of pocket to fix it on your own. Example: Your lower unit is 10 years old and simply runs its course and dies on you. Typically, normal wear and tear wouldn’t be covered by insurance. But if you add Propulsion Plus coverage, we pay to repair or replace your lower unit. Wreckage removal & fuel spillWreckage removal and fuel spill coverages are automatically included in every Progressive boat insurance policy. If your boat sinks or you’re responsible for a fuel spill, we cover the bills all the way up to your policy’s property damage liability limits. We only remove your sunken boat if it’s legally required. Example: Your old boat sinks while docked. The Coast Guard may require you to remove the wreckage and address any fuel spills. Just contact us to file the claim, and we cover the costs. Insurance limitations for boats and PWCsWhen it comes to boat insurance, Progressive boasts some of the broadest acceptability in the business. But there are some types of vessels that can’t be added to a new or existing Progressive policy:
We also cannot insure boats over 50 feet in length. In some hurricane-prone states, the limits can be 35 feet and $175,000 in value. Common questions about boat insuranceHow much is boat insurance? Your price for boat insurance is based on numerous factors, including:
Boat insurance policies are generally affordable. Nearly 75% of Progressive’s boat insurance customers pay their policies in full. Find out more about the cost of a boat policy and learn ways to attain cheap boat insurance . Is boat insurance required?Boat insurance is mandated in only a few states but, if you're financing your watercraft, you're typically required by your lender to carry comprehensive and collision coverage. Additionally, if you dock your boat, your marina may require you to show proof of liability coverage. Find out the boat insurance requirements in your state . Does boat insurance cover theft?Comprehensive coverage protects against damage to your watercraft from incidents out of your control, including theft . Does boat insurance cover the boat trailer?Damage to your boat trailer is typically covered if you add your trailer to your boat insurance policy. You're protected against damage to your boat trailer even if your boat isn't on the trailer at the time of the incident. Learn more about boat trailer insurance . CHECK OUT WATERCRAFT EQUIPMENT FROM LEADING BOAT DEALERS Come see us at an upcoming boat show and browse equipment for any lifestyle, activity, or budget. More questions about boat insurance? We have AnswersWant to learn more about boat insurance before casting off? Use Progressive Answers boat insurance resources to find all the information you need . Boat insurance 101 Learn how boat insurance works and what a standard policy covers. Find out the average cost of insuring a boat and how much it varies by region. What is collision insurance? Discover how collision coverage can protect your boat if it collides with another object. Bundle and save See how you can combine boat insurance with another policy to save an additional 5%. Quote boat insurance and be covered for as low as $100/year *Get a quote Or, call 1-855-347-3939 Monday - Friday: 8:00am to 8:00pm Eastern Time Bundle and save an average of 5% on auto! Δ
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Russian warships leave Havana’s port after a 5-day visit to CubaA fleet of Russian warships left a port in Cuba on Monday. The nuclear-powered Russian submarine Kazan leaves the port of Havana, Cuba, Monday, June 17, 2024. A fleet of Russian warships arrived in Cuban waters last week ahead of planned military exercises in the Caribbean. (AP Photo/Ariel Ley)
The Russian Navy’s Admiral Gorshkov frigate leaves the port of Havana, Cuba, Monday, June 17, 2024. A fleet of Russian warships arrived in Cuban waters last week ahead of planned military exercises in the Caribbean. (AP Photo/Ariel Ley) HAVANA (AP) — A fleet of Russian warships, including a nuclear-powered submarine , left Havana’s port on Monday after a five-day visit to Cuba following planned military drills in the Atlantic Ocean. The exercise has been seen by some as a show of strength by Moscow against the backdrop of tensions as U.S. and other Western nations support Kyiv in Russia’s war on Ukraine. The submarine, a frigate, an oil tanker and a rescue tug slowly departed from the port on Monday morning. It’s unclear what the fleet’s next destination is or where it will dock next in the Caribbean, although U.S. officials said days ago that the vessels could possibly also stop in Venezuela. Officials with the Biden administration said last week that they were monitoring the vessels and confirmed that they did not pose a threat to the region or indicate a transfer of missiles. Still, the United States docked a submarine , the USS Helena, at its Guantanamo Bay Naval Base in Cuba. The American naval base, located in the southeastern part of the island about 1,000 kilometers (625 miles) from the capital of Havana, is considered by the Cuban government to be illegally occupied territory. The nuclear-powered Russian submarine Kazan leaves the port of Havana, Cuba, Monday, June 17, 2024. (AP Photo/Ariel Ley) Last week, the Russian ships arrived at the port after the Russian Ministry of Defense reported that the fleet successfully conducted military drills in the Atlantic Ocean, simulating a missile attack on targets that could be more than 600 kilometers (375 miles) away. The fleet, made up of the frigate “Gorshkov,” the nuclear-powered submarine “Kazan,” the tanker “Pashin,” and the tug “Nikolai Chiker,” was received in Havana with a 21-gun salute. Cuban President Miguel Díaz-Canel visited the frigate on Saturday and interacted with the sailors, according to a post by the president on the social media platform X, formerly known as Twitter. Meanwhile, Cuban Deputy Foreign Minister Carlos Fernández de Cossío rejected the presence of the American submarine at Guantanamo Base, stating it was unwelcome and uninvited. A State Department spokesperson said last week that Russia’s port calls in Cuba are “routine naval visits” and do not pose any danger . On Thursday, a day after arriving, hundreds of people lined up to visit the frigate. The ship was also open to the public on Saturday, which is a common practice when vessels arrive at the port. Canada’s navy patrol boat Margaret Brooke entered the Havana harbor on Friday. Russian warships reach Cuban waters ahead of military exercises in the CaribbeanH AVANA (AP) — A fleet of Russian warships reached Cuban waters on Wednesday ahead of planned military exercises in the Caribbean that some see as a projection of strength as tensions grow over Western support for Ukraine. The fleet, made up of a frigate, a nuclear-powered submarine, an oil tanker and a rescue tug, crossed into Havana Bay after drills in the Atlantic Ocean. The flagship frigate, adorned with the Russian and Cuban flags, was greeted by a 21-cannon salute. Russian sailors aboard the frigate stood in military formation as they approached the island. Some Cuban residents stopped to take pictures of the arriving ships. U.S. officials expect the Russian ships to remain in the region through the summer and possibly also stop in Venezuela. Russia is a longtime ally of Venezuela and Cuba, and its warships and aircraft have periodically made forays into the Caribbean. But this mission comes less than two weeks after President Joe Biden authorized Ukraine to use U.S.-provided weapons to strike inside Russia to protect Kharkiv, Ukraine’s second-largest city, prompting President Vladimir Putin to suggest his military could respond with “asymmetrical steps” elsewhere in the world. “Most of all, the warships are a reminder to Washington that it is unpleasant when an adversary meddles in your near abroad,” said Benjamin Gedan, director of the Latin America Program at the Washington-based Wilson Center think tank, referring to the Western involvement in Russia’s war in Ukraine. “It also reminds Russia’s friends in the region, including U.S. antagonists Cuba and Venezuela, that Moscow is on their side,” he said. Although the fleet includes a nuclear-powered submarine, a senior U.S. administration official told The Associated Press that the intelligence community has determined no vessel is carrying nuclear weapons. The official, who spoke on condition of anonymity to provide details that had not been announced publicly, said Russia’s deployments “pose no direct threat to the United States.” Russian ships have occasionally docked in Havana since 2008, when a group of Russian vessels entered Cuban waters in what state media described as the first such visit in almost two decades. In 2015, a reconnaissance and communications ship arrived unannounced in Havana a day before the start of discussions between U.S. and Cuban officials on the reopening of diplomatic relations. A State Department spokesperson told the AP that Russia’s port calls in Cuba are “routine naval visits,” while acknowledging its military exercises “have ratcheted up because of U.S. support to Ukraine and exercise activity in support of our NATO allies.” On Wednesday, Russian Foreign Minister Sergey Lavrov hosted his Cuban counterpart, Bruno Rodríguez, for talks in Moscow. Speaking to reporters after the talks, Lavrov thanked the Cuban authorities for their position on Ukraine. “From the very beginning, Havana gave an assessment of what was happening outlining the absolutely correct, true reasons for what was unfolding (in Ukraine), and what was being prepared by the West for many years,” Lavrov said. Russian military and defense doctrine holds Latin America and the Caribbean in an important position, with the sphere seen as under U.S. influence acting as a counterweight to Washington’s activities in Europe, said Ryan Berg, director of the Americas Program at the Washington-based Center for Strategic and International Studies. “While this is likely little more than provocation from Moscow, it sends a message about Russia’s ability to project power into the Western Hemisphere with the help of its allies, and it will certainly keep the U.S. military on high alert while they are in theater,” Berg said. The timing of this year’s mission may serve Russia’s purposes, but it is also raising questions of whether Venezuela’s government may use it as an opportunity to shore up President Nicolás Maduro’s bid for a third term in the July 28 election. Venezuela’s chief opposition coalition is threatening the ruling party’s decadeslong grip on power, and engineering a crisis built on simmering tensions with Guyana is among the scenarios that analysts believe Maduro’s government could use to delay or cancel the vote. “It is almost unthinkable that Maduro will risk actually losing power,” said Evan Ellis, Latin America research professor with the U.S. Army War College. “The most obvious alternative, consistent with Venezuelan military’s recent moves ... is to fabricate an international crisis that would provide an excuse for ‘postponing’ Venezuela’s election,” he continued. “The presence of Russian warships in the vicinity would greatly add to the escalation risk of any such crisis that Maduro would fabricate, which is possibly the point.” Venezuelan voters approved a referendum in December to claim sovereignty over the Essequibo territory, which accounts for two-thirds of Guyana and lies near big offshore oil deposits. Venezuela argues it was stolen when the border was drawn more than a century ago. Guyana is awaiting a decision regarding Venezuela’s claim from the International Court of Justice, but Maduro’s government does not recognize its authority. The two countries squared off there on Tuesday, with Guyana strenuously objecting to a request from Venezuela for 12 more months to submit additional pleadings. The U.S. supports Guyana in the ongoing dispute and assisted it with surveillance flights late last year when Venezuela had threatened to invade the country. Guyana’s government last month gave permission for the U.S. military to fly two powerful F/A-18F Super Hornet jets over its capital in a demonstration of close cooperation. Guyana’s Vice President Bharrat Jagdeo on June 6 acknowledged that the Russian fleet does not represent “a direct threat.” “Nevertheless, we’re vigilant, and we’re keeping this issue firmly in our policy radar,” Jagdeo said in a press conference. Garcia Cano reported from Caracas, Venezuela. Salomon reported from Miami. Associated Press writers Bert Wilkinson in Georgetown, Guyana, and Joshua Goodman in Miami contributed to this report.
( 561) 743-3442 Professional Caribbean Charter Boat Insurance ProviderWill you be chartering a boat in the near future? Consider purchasing Caribbean charter boat insurance to protect you from any potential damages. The professional team at Bluewater Yacht Insurance, Inc. can help you figure out the best insurance for your needs. Contact us today for more information. Caribbean Charter Boat Insurance ProviderBoat chartering can be an experience of a lifetime. If you have made the right decision to charter a boat, your next best decision will be to make sure you have appropriate coverage for that boat. Coverage is important to cover several incidents that can occur while renting a charter boat:
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Moscow International Boat & Yacht ShowThe international exhibition of yachts and boats - the moscow boat show - usually takes place at the crocus expo iec, moscow, russia. ![]() An important date on the international yachting calendar, the show is a place to showcase new yachts for sale and new luxury yacht ideas and designs. Moscow International Boat & Yacht Show is a great success and every year the event is promising to be even better. The most up-to-date yachts and products will be exhibited by the top names in yachting such as Benetti , Azimut , Beneteau , Popilov Yachts , Sunreef Yachts , Ferretti among many others. The exposition space is spread over 45 000 sq m. More than 350 companies from Germany, Greece, Denmark, Spain, Italy, Latvia, Ukraine, the USA, Finland, Holland, Turkey, France, Croatia, Poland and China, and also Russian participants from Moscow, St. Petersburg, Sochi, Vladivostok, Kazan, the Republic of Karelia, Nizhny Novgorod, Novosibirsk, Izhevsk, Novorossiysk, Tolyatti, Sevastopol, Rostov-on-Don, Samara, Saratov, Sverdlovsk, Yaroslavl and the Moscow region will participate in the show. The scale of the project confirms confident positions of its positive development. Moscow Boat Show is renowned for its excellent display of yachts where everyone will be able to find all necessary. Rosgosstrakh and Ingosstrakh provide an insurance for yachts and boats and will offer protection against all risks arising at their operation to the happy ship owners worrying about a qualitative insurance. The Russian Yachting Federation (VFPS), one of the largest exhibitors of the show, will present main regattas of the season. The amount yachts on display at this year’s Moscow Boat Show will surely exceed the expectations of the many sophisticated experts.
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More from CBS News![]() Vladimir Putin to visit Kim Jong Un in North Korea![]() As Putin heads for North Korea, South fires warning shots at North Korean troops![]() Russian media say jailed U.S. soldier pleads "partially guilty" to theft![]() 80 countries agree Ukraine's territorial integrity must be basis of any peaceArmenian leader announces plan to leave Russia-dominated security alliance as ties with Moscow sourThe leader of Armenia has declared his intention to pull out of a Russia-dominated security alliance of several ex-Soviet nations as tensions rise between the two allies YEREVAN, Armenia -- The leader of Armenia on Wednesday declared his intention to pull out of a Russia-dominated security alliance of several ex-Soviet nations as tensions rise between the two allies . Armenian Prime Minister Nikol Pashinyan said his government will decide later when to leave the Collective Security Treaty Organization, or CSTO , a grouping that includes Russia and the former Soviet Central Asian nations of Kazakhstan, Kyrgyzstan and Tajikistan. Amid the widening rift with Russia, Armenia earlier froze its participation in the alliance, canceled its involvement in joint military drills and snubbed CSTO summits. Pashinyan said Wednesday for the first time that Armenia will leave CSTO altogether. He spoke during a question-and-answer session in parliament, saying that the government will decide later when to make the final move. “We will leave,” Pashinyan said. “We will decide when to leave. We won't come back, there is no other way.” Shortly after, in an apparent attempt to soften the blow to Moscow, Armenia's Foreign Minister Ararat Mirzoyan emphasized that Pashinyan hadn't announced the full withdrawal yet. “Those who assert that the prime minister said that Armenia is withdrawing from the CSTO are mistaken,” Mirzoyan said. There was no immediate comment from Moscow. Armenia’s ties with Russia, its longtime sponsor and ally, have grown increasingly strained after Azerbaijan waged a lightning military campaign in September to take the Karabakh region, ending three decades of ethnic Armenian separatist rule there. Armenian authorities accused Russian peacekeepers who were deployed to Nagorno-Karabakh after a previous round of hostilities in 2020 of failing to stop Azerbaijan’s onslaught. Moscow, which has a military base in Armenia, rejected the accusations, arguing that its troops didn’t have a mandate to intervene. Speaking to lawmakers Wednesday, Pashinyan denounced the CSTO for its failure to offer protection to Armenia and alleged that some of its members sided with Azerbaijan. “It turned out that its members failed to fulfill their obligations under the treaty and planned the war against us alongside Azerbaijan,” he said, without elaborating. Russia has engaged in a delicate balancing act, trying to preserve close relations with Armenia while also maintaining warm ties with Azerbaijan and its main ally Turkey, a key economic partner for Moscow amid Western sanctions. The Kremlin has been angered by Pashinyan’s efforts to deepen Armenia's ties with the West and distance his country from Moscow-dominated alliances. Russia was particularly vexed by Armenia's decision to join the International Criminal Court, which last year indicted Putin for alleged war crimes connected to Russian actions in Ukraine. Moscow, however, has sought to downplay the differences as it focused on the war in Ukraine that has dragged into a third year. Pashinyan’s move comes as he faces a wave of large protests demanding he step down over his government’s decision to turn over four border villages to Azerbaijan as part of an effort to negotiate a peace agreement with its longtime adversary. Violent clashes erupted Wednesday when thousands of protesters gathering outside the parliament building tried to break through police cordons. Demonstrators threw bottles and stones at police, who used stun grenades to ward off the crowds. About 100 people, including 17 police officers, were injured and 98 demonstrators were detained by police, officials said. There were at least 10 journalists among the injured, and the country's Union of Journalists issued a statement condemning what it described as unproportionate police response and demanding to prosecute the culprits. Trending Reader Picks![]() A third trial of suspects in an alleged far-right coup plot opens in Germany
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HAVANA (AP) — A fleet of Russian warships, including a nuclear-powered submarine, left Havana's port on Monday after a five-day visit to Cuba following planned military drills in the Atlantic Ocean. The exercise has been seen by some as a show of strength by Moscow against the backdrop of tensions as U.S. and other Western nations support ...
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A fleet of Russian warships, including a nuclear-powered submarine, has left Havana's port after a five-day visit to Cuba following planned military drills in the Atlantic Ocean.
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