Grand Rapids, MI – Charter Lakes Marine Insurance announces the introduction of the Disappearing Deductible for the NACO Group Insurance Plan. NACO member policyholders will see their hull deductible disappear with our new Disappearing Deductible policy feature. Beginning in 2011, at your first renewal, your original elected deductible will drop by 25%. Each subsequent year you remain claims-free, your hull deductible will drop another 25% until it reaches zero. Once it reaches zero – it stays that way as long as you remain claims-free and insure with Charter Lakes and the NACO Group Insurance Plan. Current policyholders of the NACO... Continue Reading →

2011 marks the 20 year anniversary for the NACO Group Insurance Program. For the past 20 years Charter Lakes has administered the program and the St Paul Travelers has underwritten the insurance coverage. In the insurance industry this longevity is rare and is testimony to mutually beneficial relationships that have been forged by all stakeholders. We are grateful to NACO and the membership for their trust and support. Over the past 20 years our mission at Charter Lakes has been to deliver the best overall value to our clients on their charter boat insurance. We have done this by keeping... Continue Reading →