PHILADELPHIA--(BUSINESS WIRE)--With the hurricane season already upon us, climate experts at the National Oceanic and Atmospheric Administration (NOAA) say there is a 90 percent chance for a near or above normal 2008 Atlantic Hurricane season, resulting in the need for boaters in hurricane-prone regions to have preparation plans in place. NOAA scientists predict between 12 to 16 named storms this year, with 6 to 9 becoming hurricanes, of which 2 to 5 could become major hurricanes of Category 3 strength or higher.1
Given the prediction of above normal hurricane activity, boat owners and the marine community should take proactive measures to minimize the potential for injuries and reduce damage to boats. ACE Recreational Marine Insurance has released its top ten list of important tips to help recreational boaters protect their vessels as well as other property on board during the hurricane season. “The key factors to protecting your boat from hurricanes or any severe weather are planning, preparation and timely action,” said Damon R. Hostetter, Senior Vice President, ACE Recreational Marine Insurance. “The following precautionary suggestions are guidelines to be used by the marine community to help prevent injury or possibly reduce property damage.”
ACE Recreational Marine’s Top Ten Hurricane Safety Tips for Boaters
According to Mr. Hostetter, the more knowledgeable recreational boaters are about proactive safety practices on the water, the better. “Another important preparation component is to make sure your insurance policy is current by reading the policy thoroughly. There is quite a bit of helpful and advisory information in the policy relative to what the vessel owner should and should not do if there is a storm- or hurricane-related loss or damage to the vessel. Understand the coverages, exclusions and your duties as a vessel owner,” he noted.
ACE offers a free “Hurricanes and Severe Storms” preparation guide, which includes detailed recommendations for the owners of trailerable and non-trailerable boats to undertake prior, during and after a storm. Please visitwww.acemarineinsurance.com to download this safety brochure, by clicking on the “Boating Safety & Loss Prevention” hot link, then selecting the Hurricanes and Severe Storms brochure.
ACE Recreational Marine Insurance, part of ACE USA, offers exceptional all-risk insurance coverage for vessels of all sizes – from the smallest to the largest – throughout the United States. Programs are available to protect the entire spectrum of pleasure yachts and boats, including luxury mega-yachts and sailboats, sport fishing boats, ski boats, personal watercraft, high performance vessels, and select charter vessels.
ACE USA is the U.S.-based retail operating division of the ACE Group of Companies, headed by ACE Limited (NYSE:ACE), and is rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poor’s. ACE USA, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information on ACE USA and its products and services can be found at www.aceusa.com. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.