Thank you!
We will contact you shortly.
While cruising the water in your boat, the last thing you want to worry about is insurance. Contact us and let us take care of you. Then go back to fishing, sunbathing, or just relaxing on those cool, clear waters. We have a policy for most types of boats including bass boats, cruisers, fishing boats, pontoons, runabouts, sailboats, catamarans and utility boats.
Most companies provide limited coverage for property damage for small boats such as canoes and small sail boats or small power boats with less than 25 mile per hour horse power under a homeowners or renters insurance policy. Coverage is usually about $1,000 or 10 percent of the home's property value and generally includes the boat, motor and trailer combined. Liability coverage is typically not included–but it can be added as an endorsement to a homeowners policy. Check with your insurance representative to find out if your boat is covered and what the limits are.
Larger and faster boats such as yachts, and personal watercraft such as jet skis and wave runners require a separate boat insurance policy. The size, type and value of the craft and the water in which you use it factor into how much you will pay for insurance coverage.
For physical loss or damage, coverage includes the hull, machinery, fittings, furnishings and permanently attached equipment as part of either an actual cash value policy or on an agreed amount value basis. These policies also provide broader liability protection than a homeowners policy. But there are distinct differences between the two types of policies.
These policies pay for replacement costs less depreciation at the time of the loss. In the event of a total loss, used boat pricing guides and other resources are used to determine the vessel’s approximate market value. Partial losses are settled by taking the total cost of the repair less a percentage for depreciation.
Boat insurance also covers:● Bodily injury—for injuries caused to another person● Property damage—for damage caused to someone else’s property● Other driver liability—for any legal expenses incurred by someone using the boat with the owner’s permission● Medical payments—for injuries to the boat owner and other passengers● Theft
There are thousands of recreational boating accidents per year. Contributing factors to these accidents include traveling too fast for water or weather conditions, driving under the influence of drugs or alcohol, failing to follow boating rules and regulations, carelessness and inexperience.
To prevent boating accidents, we offer these safety suggestions:
Care and protection of vessel
Thank you!
We will contact you shortly.
Can't send form.
Please try again later.
All content displayed on this website is protected by copyright laws.Downloading, republication, or reproduction of content on this website is strictly prohibited.© 2020 Ideal Solutions Consulting LLC. All Rights Reserved.Terms of Use I Privacy Policy
All content displayed on this website is protected by copyright laws.Downloading, republication, or reproduction of content on this website is strictly prohibited.© 2020 Ideal Solutions Consulting LLC. All Rights Reserved.Terms of Use I Privacy Policy