An Exclusive Briefing for
Marine Yacht Underwriters
The U.S. Coast Guard reports roughly $88 million in annual property damage. To the untrained eye, that represents the total market risk. To a professional underwriter, it represents a "Data Black Hole."
When accounting for litigation, medical fallout, and the Value of Statistical Life (VSL),
the real economic burden of recreational boating is not $88 million — it is $15 billion annually.
Current reporting standards capture only 1% of the story.