The Top Ten Costliest Casualties in 2013

It’s a terrible feeling, calling your insurance company to file a new claim. You feel it in your gut, maybe in your heart rate and definitely in your wallet. The good news? There are plenty of other sailors to commiserate with. To put things in perspective, BoatUS has just released its top ten most expensive claims of the past five years, along with tips on how to avoid incurring the same damages on your own boat.
Author:
Publish date:
 This ketch washed up onto the beach during Hurricane Sandy in 2012

This ketch washed up onto the beach during Hurricane Sandy in 2012

It’s a terrible feeling, calling your insurance company to file a new claim. You feel it in your gut, maybe in your heart rate and definitely in your wallet. The good news? There are plenty of other sailors with whom to commiserate. To put things in perspective, BoatUS has just released its top ten most expensive claims of the past five years, along with tips on how to avoid incurring the same damages on your own boat

Seaworthy, the BoatUS Marine Insurance and Damage Avoidance Report created a similar breakdown in 2005. Claims are ranked using the amount of money paid out per category between January 1, 2008 and December 31, 2012. Since the claims were ranked in 2005, there have been several large storms including Hurricanes Sandy and Irene, which have a clear effect on the results. The lineup looks a little different when we look at average payout per claim. The first few made the top because they typically result in total loss.

<p> <p class="rteleft" style="margin-top: 0.6em; margin-right: 0px; margin-bottom: 1.2em; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; "><span style="font-size:12px;"><span style="font-family:verdana,geneva,sans-serif;">Ranking by Total Cost of Claim Type</span></span></p> </p><p> <span style="font-size:12px;"><font class="Apple-style-span" face="verdana, geneva, sans-serif">Ranking by&nbsp;Cost Per Incident</font></span></p><p> <span style="font-size:12px;"><span style="font-family:verdana,geneva,sans-serif;">Ranking in 2005</span></span></p><p> <span style="font-size:12px;"><span style="font-family:verdana,geneva,sans-serif;">Tip to Avoid Damage</span></span></p>

1) Hurricane

7

1

Haul out before the storm hits if possible

2) Sinking

4

3

Check all fittings below the waterline at least once per season

3)Weather/wind

9

5

Make sure the boat is well secured to the dock and watch for chafing lines

4) Striking submerged object

10

2

Check for bilge leaks after a strike to prevent a much more expensive sinking claim

5)Fire/explosion

2

4

Inspect wires, make sure your fire extinguishers are ready to go, and don’t ignore the smell of raw gasoline

6) Collision

8

6

Pay attention, even when the autopilot is steering, and know the rules of the road

7) Grounding

6

7

Track your location on up-to-date charts and keep a depth sounder on hand

8) Injury

3

-

Brief your passengers on potential dangerous situations and how to avoid them

9) Theft

1

9

Take the wheels off your trailer during storage

10) Lightning

5

8

Pray to Thor, god of thunder

Related

TOTW_PromoSite

SAIL's Tip of the Week

Presented by Vetus-Maxwell. Got a tip? Send it to sailmail@sailmagazine.com No chafe, safe stay  If you’re leaving the boat unattended for a longish period, there’s a lot to be said for cow-hitching the shorelines, as this sailor did. They’ll never let go, and so long as the ...read more

belize600x

Charter Special: Belize

It would be hard to imagine a more secure spot than the Sunsail base on the outskirts of the beachside community of Placencia, Belize. The entire marina is protected by a robust seawall with a channel scarcely a few boatlengths across. It’s also located far enough up Placencia ...read more

DSC00247

DIY: a Top-to-Bottom Refit

I found my sailing “dream boat” in the spring of 1979 while racing on Lake St. Clair in Michigan. Everyone had heard about the hot new boat in town, and we were anxiously awaiting the appearance of this new Pearson 40. She made it to the starting line just before the race ...read more

01-oysteryachts-regattas-loropiana2016_063

Light-air Sails and How to Handle Them

In the second of a two-part series on light-air sails, Rupert Holmes looks at how today’s furling gear has revolutionized sail handling off the wind. Read part 1 here. It’s easy to look at long-distance racing yachts of 60ft and above with multiple downwind sails set on roller ...read more

HanseCharles

Video Tour: Hanse 348

“It’s a smaller-size Hanse cruiser, but with some big-boat features,” says SAIL’s Cruising Editor, Charles J. Doane. At last fall’s Annapolis Boat Show, Doane had a chance to take a close look at the new Hanse 348. Some of the boat’s highlights include under-deck galleries for ...read more

amalfitown

Charter Destination: Amalfi Coast

Prego! Weeks after returning from our Italian flotilla trip last summer, I was still feeling the relaxed atmosphere of the Amalfi Coast. It’s a Mediterranean paradise, with crystal-clear waters, charming hillside towns and cliffside villages, plenty of delicious food and wine, ...read more

image005

Inside or Outside When Sailing the ICW

Last April, my wife, Marjorie, and I decided to take our Tartan 4100, Meri, north to Maryland from her winter home in Hobe Sound, Florida. This, in turn, meant deciding whether to stay in the “Ditch” for the duration or go offshore part of the way. Although we had both been ...read more

MK1_30542

SailGP: There’s a New Sailing Series in Town

San Francisco was the venue of the biggest come-from-behind victory in the history of the America’s Cup when Oracle Team USA beat Emirates Team New Zealand in 2013, so it seems only fitting that the first American round of Larry Ellison’s new SailGP pro sailing series will be ...read more