Andrew Simpson, a British sailor and Olympic gold medalist, was caught beneath the capsized boat, the team said. Simpson had been sailing for Artemis, Sweden’s entry in the America’s Cup.

The death of a leading British sailor, the Olympic champion Andrew Simpson, shows how technology and modern danger have found their way into the America’s Cup.

Your insurance policy will specify coverage limits in each specific area. For example, your watercraft medical payment coverage may specify a limit of up to $100,000 in medical expenses per person. That is the maximum amount the insurance company would pay out in the event of a claim.

Much like auto or homeowners insurance, your boat insurance policy will also specify a deductible amount. This is the amount you will have to pay when making an insurance claim.  For example, if you are involved in an accident and have a policy with a $500 deductible, you will be required to pay the first $500 of repair costs.
Some policies will also have a separate electronics deductible. Read your policy carefully or ask your boat insurance company for details.

Property Coverage  is insurance for your boat that covers damage to your boat from accidents, theft, fire or vandalism. It may also be called Hull Insurance. You can also expand this coverage to include boat trailer coverage, boat equipment and accessories coverage, emergency services and towing coverage and personal belongings coverage.

Watercraft medical payments is coverage that expands on the medical expenses covered in basic watercraft liability and may cover areas that other health insurance policies do not. Your marine insurance agency can help you design a medical payments policy designed to compliment your existing health insurance and provide you with complete coverage.

Uninsured Watercraft is coverage that helps if you are involved in an accident with an uninsured boat owner who cannot cover the property damage or medical costs.

Watercraft liability is designed to protect your assets, watercraft liability boat insurance covers you when you’re legally responsible for damage or personal injury caused by an accident.  This can include repair or replacement of damaged items, medical expenses, funeral costs and loss of income.

Marine insurance , like most other types of insurance, is usually made up of several different components. In most policies, the main components are coverage, deductibles and coverage limits.

When reviewing your policy, remember that the details will vary depending on the marine insurance company issuing the insurance. If you still have questions after you’ve read the descriptions of the main insurance policy components, get in touch with your marine insurance agency.

One way to save money one your personal watercraft insurance is though discounts. Many insurance companies provide discount such as multi-policy discount and boater safety course discounts make sure you are receiving all available discounts under your personal watercraft insurace policy.

A couple build the home of their dreams, a modern houseboat amid the gulls and seals.  The house nests in a boxlike concrete barge that provides protection and keel-like stability.

Personal watercraft insurance will help to pay for accidental damage and offers rental reimbursement, roadside assistance and fuel spill protection.

Gunmen wearing North Korean military uniforms released a Chinese fishing boat after holding its crew for two weeks, beating up the captain and stealing the vessel’s fuel, the boat’s owner said. He added that the hijackers did not get the 600,000 yuan ($100,000) ransom they had demanded.