BoatUS: Hurricane Matthew caused $110 million in damage to recreational boats

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, according to Boat Owners Association of The United States (BoatUS).

“The storm moved slowly, so everyone had plenty of early warning and time to prepare. We believe that helped keep boat damage down,” said BoatUS Vice President of Public Affairs Scott Croft.

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