The Great Loop is a 6,000 mile journey navigating waterways along much of the Eastern USA along with a bit of Canada in mostly protected inland waters. An average of around 150 boats complete the Loop each year and many of these “Loopers” take a couple of years to complete the trip. Others decide to do a portion of the trip, from Florida as far north as the Canadian Maritimes, cruising up and down the east coast seasonally to avoid hurricane season in the southern states and cold winters in the northern states and Canada. The same mantra applies to Loopers as cruisers; “plans are written in sand at low tide”. That is, it’s not a race and plans change, which is part of the adventure! There is a ton of valuable information available on the internet regarding boat choices, various routes, water and air draft limitations, navigation and weather concerns, as well as historically significant and interesting towns to visit along the way. All of us boaters know food tastes great, and life is generally better aboard a boat so why not join the growing number of “Loopers”.
Novamar’s list of Great Loop insurance clients is increasing. Whether you are thinking of purchasing a boat specifically for the Loop or taking your current boat, it is good to be aware of what insurance company underwriters are looking for when pricing risk. We have listed some of the underwriter’s questions you will likely need to answer below.
The most common insurance claims for boats on the Loop or in the Intracoastal waterway and canals in general is striking submerged objects. Channels can change seasonally due to weather, and not all of the waterways and channels are well maintained. Rock piles, pipes, and logs floating just below the surface wreak havoc on unprotected props and rudders. Boats left unattended at anchor or on moorings are also vulnerable to dragging anchor or breaking free due to chafe or other boats dragging into them. Since repair facilities can be few and far between, underwriters like to see a well prepared and well maintained boat with lots of spares along with experienced owners with the skills to perform basic maintenance and system checks as needed.
Boat preparation, not letting a rigid schedule interfere with a change in plans due to weather, and a general flexible attitude all contribute to a successful Great Loop experience where memories are created and lasting friendships are made.
If you have any questions regarding yacht insurance, please contact Keith Sargis, Novamar’s Mid-Atlantic regional manager by phone at (757) 900-9395 or email firstname.lastname@example.org. You can find more information about Novamar Insurance at www.novamarinsurance.com and check out what our clients think of our team at www.trustpilot.com/review/novamarinsurance.com.