Understanding Boat Insurance: Actual Cash Value vs. Agreed Value, Salvage Rights, and Marina Hold Harmless Agreements
Apr 29, 2025 Jointly written by MD Marine Insurance, Orbit, Gallagher Skippers’ Plan and Aviva Boat ownership brings a lot of joy—but also a unique set of insurance considerations. Whether you’re a seasoned boater or new to the lifestyle, understanding how your insurance policy works can make all the difference when it comes time to file a claim. Three common but…
