BoatUS: Hurricane Matthew boat damage was $110 million - Trade Only Today

BoatUS: Hurricane Matthew boat damage was $110 million

Hurricane Matthew, which threatened four coastal states as it corkscrewed through the Atlantic in early October, caused an estimated $110 million.
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BoatUS said slow-moving Hurricane Matthew gave boaters early warning, helping to limit damage from the October storm.

BoatUS said slow-moving Hurricane Matthew gave boaters early warning, helping to limit damage from the October storm.

Hurricane Matthew, which threatened four coastal states as it corkscrewed through the Atlantic in early October, caused an estimated $110 million in damage to recreational boats, BoatUS said today.

The national advocacy, services and safety organization suggested that in addition to the storm remaining offshore, boaters and the marine industry had a hand in lessening the damage.

“The storm moved slowly, so everyone had plenty of early warning and time to prepare. We believe that helped keep boat damage down,” BoatUS public affairs vice president Scott Croft said in a statement.

Speaking about the association’s members, he said: “Hundreds of BoatUS policyholders chose to tap into their BoatUS insurance hurricane haul-out protection, which helped make the decision to haul much easier.”

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