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not only insure boats, we own them!
There’s
nothing like the adventure and serenity that comes from being out on the water.
And whether you’re fishing or cruising, novice or expert, Cassells offers
affordable boat insurance that’s flexible enough to meet your needs. Being
sailors gives us a deep understanding of what our clients require over and above
the basic marine insurance coverage. We recognize that every client has unique
risk factors. We tailor every insurance policy to suit your demands and special
needs. Making
a claim Our 50 years of experience means we can usually get boaters' back
on the water fast.
Standard
Yacht Programme Provided
by one of our companies, Coast Underwriters
1. Agreed value form
2. Credit for experience, education and equipment
3. No depreciation on sails and running gear
4. Losses arising from wear and
tear, gradual deterioration and corrosion. The Coast Yacht Policy covers loss
or damage arising directly or indirectly from wear and tear, gradual deterioration
and corrosion WHEN "a reasonably thorough prior inspection by the Insured
could not have discovered such a defect or condition". Situations arise where
an Insured can not discover the wear and tear of the part in question by a reasonably
thorough prior inspection. We consider it equitable that such losses be recoverable
(but excluding the cost of repairing or replacing the part possessing the aforementioned
condition).
5. Losses arising from faulty design, faulty workmanship, the
installation or use of improper or defective material. The Coast Yacht Policy,
for the same reasoning expressed in 4 above, covers loss or damage arising from
faulty design, faulty workmanship, the installation or use of improper or defective
material WHEN a reasonably thorough prior inspection by the Insured could not
have discovered such a defect or condition.
6. Losses arising from freezing.
The Coast Yacht Policy covers loss or damage "arising directly or indirectly
from or in consequence of freezing IF THE INSURED HAS TAKEN REASONABLE PRECAUTIONS
TO PROTECT THE PROPERTY INSURED". All
of the above are an integral part of the appeal, stability and longevity of the
Coast Standard Yacht Policy.
Call
us for more information or a free quote 604-876-0126
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