2020 has been quite the year and a busy year for boats, but it’s time to say goodbye for now. As we approach colder weather, it’s time to start thinking about next steps when it comes to your boat. The time and effort spent on the process of winterization will directly affect the boat’s performance, so protecting vessels properly is crucial. Once temperatures rise, you will want a seamless transition back into the water!

The National Insurance Crime Bureau’s (NICB) 2017 watercraft theft report shows a 5 percent decrease in activity. This resumes the downward trend that was broken by 2016’s slight increase. 4,864 watercrafts were reported stolen in 2017, while most thefts occurred in May, June, July, August and September.

Read the full report here, and check out our article on theft prevention tips.

We recently attended and exhibited at the Baltimore Boat show. Here is NMU’s Al Saunders manning the booth! You can catch Al next at the Ocean City Sea Side Boat Show in February!

Intact Financial Corporation (TSX: IFC) today announced that it has completed its C$2.3 billion (US$1.7 billion) acquisition of U.S. specialty insurer OneBeacon Insurance Group, Ltd. (OneBeacon). The acquisition makes IFC a leading provider of specialty insurance in North America with over C$2 billion in combined annual premiums focusing on small to midsize businesses. Read the full news release>>

We are pleased to announce that beginning later this year, all of our policies will be provided electronically by email and will no longer be sent via U.S. Mail. If you are a current policyholder or insurance agent we ask you to help us prepare for this transition by providing us with the appropriate email address for transmitting policy documents. If you have not already done so, please respond with that information to service@nmu.com. Thank you, we look forward to the opportunity to continue to service your boat and yacht needs!

We will be attending the 2017 Bay Bridge Boat show April 21-23 at the Bay Bridge Marina in Stevensville, Maryland.  Stop by to say hello!  For more information, visit the show's website at: http://www.annapolisboatshows.com/bay-bridge-boat-show/ 

NMU Underwriter Al Saunders recently attended the Baltimore Boat Show.

National Marine Underwriters' Al Saunders recently exhibited at the Chicago Boat Show. Next up, NMU will attend the Baltimore Boat Show from January 28 -31 and the Ocean City Seaside Boat Show from February 12–14. Please stop by our exhibit booth and visit with our team members to learn more about our coverages!

Members of National Marine Underwriters recently attended the 44^th Annual United States Powerboat Show. Held in the historic seaport district of Annapolis, Maryland, the three-day event gathers boaters from around the world. 

We are pleased to announce that a new yacht policy form has been released for any new business and renewal business issued on or after Monday, August 10, 2015. Click through to read highlights of the form revisions.