Fun and Games

Finding affordable and flexible insurance coverage for your tenders and toys takes serious work.

If sourcing the perfect tender and a full complement of toys at winter boat shows is high on your agenda, perhaps you should pencil in a chat with your insurance agent. The prevailing winds in the area of tender and water toys insurance seem to be winds of change. How and what is classified as a tender and how it is insured varies from agency to agency and underwriter to underwriter.

“It used to be that a tender was defined as a small boat that could be stored on deck and as such was covered as part of the yacht’s equipment,” says Frank Atlass, whose Ft. Lauderdale-based firm bearing his name has been insuring yachts and support vessels since 1981. “That’s not necessarily the case these days as more and more yachts under one hundred feet and even large sportsfishermen are towing boats that could be considered primary vessels. We look at it on a case by case basis.”

TO READ THE REST OF THIS ARTICLE, PLEASE
SUBSCRIBE TO SOUTHERN BOATING BY CLICKING HERE