Recreational boating activity soars during warm weather months, and so
do boating accidents and injuries. According to the U.S. Coast Guard's
"Boating Statistics 2013,"1 the most recent year available,
there were nearly 12 million registered recreational boats in the United
States. With so many boaters enjoying the waterways, it is no surprise
that more than 4,000 boating accidents, involving more than 5,400
vessels, were reported in 2013, with far more accidents that go
unreported each year. In addition, more than 2,600 people required
medical treatment beyond first aid and 560 died as a result of boating
accidents. The total property damage in 2013 from reported accidents
increased to approximately $39 million.
Though the statistics are alarming, the risk of boating injuries and
accidents can be minimized. According to the U.S. Coast Guard, the vast
majority of reported incidents involved factors that were within the
control of boat operators. To help reduce the number of preventable
accidents this boating season, ACE Recreational Marine Insurance, one of
the nation's largest recreational marine insurance providers, and part
of ACE Group, has released an updated list of the top ten tips to help
recreational boaters stay safe.
"As you would expect, most boating fatalities occur when the waterways
are most crowded with recreational boaters - more than 70 percent
occurred between May and September," said Damon R. Hostetter, Senior
Vice President, ACE Recreational Marine Insurance. "That so many of
these accidents are preventable only compounds the tragedy. Safe boating
should be the aim of all boaters and comes from ongoing education and
training, as well as hands-on boating experience. Understanding and
obeying navigational rules and safety procedures have proven to help
reduce injuries and property damage," said Mr. Hostetter.
ACE Recreational Marine Top Ten Recreational Boating Safety Tips
Boat owners can insure for physical damage coverage to repair or replace
the boat if it's damaged or destroyed by a myriad of causes including
running aground, fire, theft, lightning, or windstorm. Boat owners may
be unaware that liability insurance can provide important coverage
including obligations to pay for bodily injury, property damage and
pollution as a result of the ownership, operation or maintenance of the
watercraft. They can also protect themselves and their passengers by
purchasing insurance that will cover medical expenses that become
necessary due to bodily injury while the person is boarding, aboard,
off-loading or being towed behind the watercraft.
Another point to consider is that boat owners can also have their vessel
checked for safety-for free. The U.S. Coast Guard Auxiliary and U.S.
Power Squadrons offer Vessel Safety Checks at no cost. Since unsafe
boats are a threat to all recreational boaters, it's important for boat
owners to make sure their vessel is as safe as possible. For more
information, visit the U.S. Coast Guard web site at http://www.uscgboating.org/fedreqs/default.html.
In addition to the boating safety tips above, ACE offers other free
preparation guides and information on a wide range of safety and loss
prevention topics. Please visit www.acemarineinsurance.com
to download these safety brochures, by selecting "Pleasure Boats and
Yachts" on the homepage, and clicking on the "Safety and Loss Prevention
Tips" link in the "Boater Learning Center" section.
ACE Recreational Marine Insurance, part of ACE Private Risk Services,
has been serving marine clients for more than 200 years, since 1792 when
its predecessor company wrote its first marine insurance policy in the
United States. ACE offers exceptional all-risk insurance coverage to
protect the entire spectrum of pleasure yachts and boats, including
classic boats, luxury mega-yachts and sailboats, sport fishing boats,
ski boats, personal watercraft and select charter vessels. Product
highlights are summaries only; please see actual policy for terms and
conditions. Products may not be available in all states.
Any summary of information or available coverages is intended as general
information and is not intended to amend, alter or modify the actual
terms, limits or conditions contained in any policy of insurance or its
declarations. Exclusions and limitations may apply to some losses.
Coverage may not be available in all states. Coverage is governed solely
by the terms and conditions of the policy itself. Insurance buyers
should consult their agent, broker or other insurance professional if
they have questions about their insurance needs.
ACE Private Risk Services is the high net worth personal insurance
business of ACE Group, and provides specialty coverage for homeowners,
automobile, recreational marine, umbrella liability and collections
insurance for financially successful individuals and families. ACE Group
is one of the world's largest multiline property and casualty insurers.
With operations in 54 countries, ACE provides commercial and personal
property and casualty insurance, personal accident supplemental health
insurance, reinsurance, and life insurance to a diverse group of
clients. ACE Limited, the parent company of ACE Group, is listed on the
New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500
index. Additional information can be found at www.acegroup.com,
or follow ACE on Twitter https://twitter.com/ACE_GroupNA.
of the United States Coast Guard
2 United States Power Squadron. www.usps.org
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