Florida Property Insurer Offers Boat Insurance to Members

Jul 9, 2008

Insurance Journal--July 9, 2008

Florida-based PURE Risk Management recently launched an insurance program for personal boaters called PURE Watercraft Insurance.

PURE provides hull coverage, including coverage for windstorm, on an agreed-value basis, and offers coverage for protection and indemnity, including fuel-spill liability and mechanical breakdown.

PURE is a policyholder-owned insurer for owners of high-value homes insured for more than $1 million.

PWI provides coverage for PURE’s policyholders (members) for their recent-year watercrafts. Candidates must be experienced watercraft owners with adequate hurricane-preparedness plans.

Source: PURE Risk Management