Travelers data shows collisions, weather among most common boating claims

Hartford, conn.--(business wire)--the travelers companies, inc. (nyse: trv), in recognition of national boating safety week (may 20-26), today announced the top causes of boat and yacht claims to help boaters avoid common and costly mishaps. based on travelers claims from 2018-2022, the top three causes of loss were collisions (38%), severe weather (19%) and mechanical breakdowns (11%). “with an uptick in boating activity in recent years, we continue to see boat and yacht insurance claims that.
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