Entries tagged with: Layup

It’s important to keep your lay up warranty updated

It’s important to keep your lay up warranty updated

Posted on by Dan Longman

Each marine insurance policy written in northern climates (where the potential for freezing exists), has a Lay Up Warranty that indicates the period of time the insured boat is required to be laid up and out of commission. Many policies also specify whether the boat is to be laid up ASHORE or AFLOAT. Making sure your policy accurately reflects the period of time your boat will be Laid Up and whether the boat is laid up ashore or afloat is your responsibility and is as important as winterizing an engine if a loss occurs to your boat during the Lay... Continue Reading