Novamar, a Marine Insurance Specialist since 1987, Now Offers a Policy for U.S. Flagged Yachts Navigating Cuban Waters

SEATTLE–(BUSINESS WIRE[1])–U.S. citizens with an approved reason to travel to Cuba can now do so provided the proper permits have been applied for and issued. Novamar, which has specialized in marine and yacht insurance since 1987, now offers a policy for U.S.-flag yachts navigating Cuban waters. Most vessels $50,000 in value or greater are eligible for coverage. Cuba endorsement premiums...

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Is Your Boat Properly Insured?

As the summer continues to heat up beaches from coast to coast, nearly 17 million boat owners and 1.6 million personal watercraft owners are having fun on the water. Unfortunately, many don’t have the right insurance in place and risk running into rough waters. Watercraft owners also need to consider coverage for their boats and trailers while parked at home....

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Two Risks to Insure a Boat Against

If you own a boat — whether it’s a canoe, personal watercraft like a jet ski, a powerboat or sailboat — do you need insurance on it? It all depends on the type of boat, says Jeff McCarthy, an insurance agent with Harrington Insurance Agency’s Woburn, Mass., office. You’re insuring against two risks, he points out. First, there’s your liability,...

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