Consequential Damage Coverage

Check your insurance policy closely. Your coverage may not be as complete as you think.

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Years ago, we had a near sinking on one of our test boats due to a failed 0-ring on the speed sensor through-hull installed by a previous owner. The sinking would be attributed to the failure of an O-ring, and because the sinking was consequential to the failure of a maintenance item and we did not have consequential loss coverage, the insurance would not have paid the claim. In fact, most boats sink at the dock due to failure of some minor item, and most policies don't cover the damage consequential to the failure of that item. In other words, we are sailing bare, without insurance coverage for our most serious exposure.
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Darrell Nicholson, editor of Practical Sailor, grew up boating on Miami’s Biscayne Bay on everything from prams to Morgan ketches. Two years out of Emory University, after a brief stint as a sportswriter, he set out from Miami aboard a 60-year-old wooden William Atkin ketch named Tosca. For 10 years, he and writer-photographer Theresa Gibbons explored the Caribbean, crossed the Pacific, and cruised Southeast Asia aboard Tosca, working along the way as journalists and documenting their adventures for various travel and sailing publications, including Cruising World, Sail, Sailing, Cruising Helmsman, and Sailing World. Upon his return to land life, Darrell became the associate editor, then senior editor at Cruising World magazine, where he worked for five years. Before taking on the editor’s position at Practical Sailor, Darrell was the editor of Offshore magazine, a boating-lifestyle magazine serving the New England area. Darrell has won multiple awards from Boating Writer’s International, including the Monk Farnham award for editorial excellence. He holds a U.S. Coast Guard 100-ton Master license and has worked as a harbor pilot and skippered a variety of commercial charter boats.

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