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.
