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Home / Opinion Digests / Improperly winterized sunken yacht not covered (access required)

Improperly winterized sunken yacht not covered (access required)

An insurance company was not required to cover the loss of a yacht that sank after the owner failed to winterize it properly in accordance with the manufacturer’s instructions because the insurance policy covering the yacht explicitly excluded coverage for loss resulting from an insuree’s failure to follow any manufacturer-recommended maintenance guidelines. Background William Burke is the ...