BoatUS says that Hurricane Matthew in August caused about US$100m in damage to recreational boats in the four states it passed through. The boater’s association, which also provides marine insurance, said that the hurricane’s slow progress allowed many boaters to have their boats hauled out of harm’s way before the storm reached shore.
“The storm moved slowly, so everyone had plenty of early warning and time to prepare. We believe that helped keep boat damage down,” said Scott Croft, BoatUS vice president of Public Affairs, in a statement.
Croft added that the association’s policies provide payment for professional haul-out before a hurricane’s arrival in order to protect the boat. “Hundreds of BoatUS policyholders chose to tap into their haul-out protection, which helped make the decision to haul much easier,” he said.