Call Us 920.898.5731 ☰ ˟
Logo
920.898.5731 Quote
  • Coverage
    • Personal

    • Business

    • Health & Benefits
    • Life

    • WorkComp Solutions

    • HR Services
  • Service
    • File A Claim
    • Make A Payment
    • Support Center
    • Refer a Friend
    • Leave a Review
  • About
    • Our Story
    • Meet Our Team
    • Our Insurance Carriers
    • Customer Reviews
    • Document Library
    • Our Blog
Personal
Business
Health & Benefits
Life
WorkComp Solutions
HRServices
Home > Blog > Benefits of Boat Insurance - Does Your Plan Do This?
THURSDAY, MAY 4, 2017

Benefits of Boat Insurance - Does Your Plan Do This?

Boating season is just about upon us! If you plan to play on the water this summer make sure you have the essentials: sunscreen, life jackets and boat insurance!

If you are like many people, you may not realize the benefit of boat insurance vs. adding coverage to your home owner’s insurance.  Keep in mind that boats are not automatically covered under your home insurance.  And while your home policy may provide limited coverage - usually only liability - it is limited to small boats, so be sure to check if any coverage applies for your situation.  

Boat insurance, on the other hand, offers coverage for most watercraft with motors, including fishing boats, pontoons, leisure crafts, personal watercraft and yachts.  A boat insurance policy can provide protection such as liability, collision, comprehensive and uninsured/underinsured boater coverage.  But did you know that it can also give you the following added benefits?

  • Disappearing Deductible – reduce your deductible by 25% each year that you don’t have a claim.  You can reduce your deductible all the way down to $0!
  • Agreed Amount Value – this means that you and your insurer agree on the value of your vessel upfront, and in the event of a total loss you will be paid that amount.  No depreciation. No estimated values.  And in case of a partial loss, old items will be replaced for new, without depreciation loss.
  • Mechanical Breakdown Coverage – covers the repair or replacement of the lower unit of an outboard motor, or upper and lower units of an inboard/outboard motor if you have a mechanical breakdown… even if it’s caused by general wear and tear.
  • Full coverage for fishing equipment or carry-on items - hit a big wave and your fishing gear goes overboard, get full replacement cost.  Even phones or other items that are lost or stolen can be covered.
  • Roadside assistant and on-water towing – this gets you a tow to the nearest repair shop in the event of a broken down trailer or tow vehicle; or towing, jump starts, fuel delivery and soft ungroundings if your boat is disabled while on water.
  • Water Sports coverage— is automatically included when Liability and Medical Payment coverages are purchased.  Water Sports coverage covers bodily injury or property damage caused by persons towed by a covered vehicle for water sports such as water skiing, knee boarding, wake boarding, and tubing.

One last advantage - any claims made to your boat insurance policy will have no negative effect on your home insurance rates.  Isn’t that good news! 

Bottom line, make sure you have a policy that’s right for you and your boat.  Check to be sure your boat is covered and what the limits are. 

Call us at 920-898-5731 with questions on coverage or to get a quote.  Have fun and be safe out on the water this season!  

Boat Insurance
Posted 2:39 PM

Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013

  • work comp(3)
  • uber(1)
  • deer crashes(1)
  • youthful workers(1)
  • summer help(1)
  • protecting your business(1)
  • independent contracors(1)
  • control costs work comp costs(1)
  • data hacking(1)
  • injury management(1)
  • windshield chip(1)
  • rental car coverage(1)
  • help employees get back to work sooner(1)
  • deer hits(1)
  • renter insurance(1)
  • protect customer data(1)
  • rental car insurance(1)
  • tips to avoid deer hits(1)
  • return to work(1)
  • the real cost of employee(1)
  • irs(1)
  • apartment insurance(1)
  • detecting data breach(1)
  • car insurance and uber(1)
  • does my insurance cover rental cars(1)
  • managing work comp costs(1)
  • deer collisions(1)
  • return to work program(1)
  • uber and car insurance(1)
  • construction industry(1)
  • under 18 job restrictions(1)
  • windshield repair(1)
  • sensitive customer data(1)
  • myths about data breach(1)
  • data breach(1)
  • pre-employment screening(1)
  • renters insurance(1)
  • worker's comp employment screening(1)

View Mobile Version

Contact Us Today!
1-800-657-0752

Social Social Social Social
When service is important. Logo
Quick Links
Home
Get A Quote
Customer Service
Payment Options
Report a Claim
About Us
Our Carriers
Blog
Contact Us
Privacy Policy
Location 1411 Milwaukee Dr
New Holstein, WI 53061

Office: 920.898.5731
Fax: 920.898.5734
Toll Free: 1-800-657-0752
Powered by Insurance Website Builder