If you're a boating enthusiast, like our president, Trevor Campbell, spending time on the water should be relaxing and worry-free. But just like your home and car – if you don't have the proper coverage you and your boat could be sunk. That's where we can help. Insurance Services will find you comprehensive coverage that protects you, your friends and family, your watercraft and your boating equipment. And get this - the average boat costs less than a dollar a day to insure!
If you aren't sure what to look for when it comes to watercraft insurance we can help. Insurance Services guides our clients and helps determine the right amount of coverage to meet your specific needs.
Here are some things to think about when shopping for boat insurance:
Know where you are covered in the water. Some insurance companies offer protection that covers you up to 75 miles from the U.S. coastline, into Canadian coastal or inland waters, and into the Pacific coastal waters of Mexico.
Watercrafts depreciate just like cars. Actual cash value policies can make it difficult to replace a boat that has been stolen or destroyed. This means that if your boat is a total loss you will get the value you insured it for, minus any deductible.
Like car insurance, personal liability coverage provides coverage to other boaters and boat owners in the event you are at-fault for an accident on the water. This coverage will pay to repair or replace the property of someone else as well as for their medical care, lost wages, and other costs incurred as a result of a boating accident for which you are at-fault.
Medical payments coverage will pay for the cost of needed care that is the result of a boating accident. This coverage is available from $500 to $10,000 and covers you, your passengers, and even your water skiers/tubers, regardless of who is at-fault.
Physical damage coverage pays for the cost to repair or replace your watercraft, its motor, any permanently attached equipment, and your trailer if it is stolen or damaged.
Since boat insurance is not always mandatory, many boaters choose not to get insurance. If you are hit by an uninsured or underinsured boater and you are injured, this type of coverage pays for medical treatment, lost wages, and other costs associated with the accident.
Should your boat sink or be seriously damaged, there is a chance that it could leak oil or fuel into the water. As the boat's owner, you are required by law to have this cleaned up, which can be time consuming and expensive.
Your policy can provide coverage for many personal effects, including clothing, jewelry, cell phones, scuba/snorkeling and other sporting equipment, and fishing equipment. Limits vary by state, so check with us for what's required where you live.
This pays to repair or replace equipment that isn't permanently attached to your boat or personal watercraft, but is designed for use primarily on a boat. This includes items like lifesaving equipment, water skis, anchors, oars, fire extinguishers, tarps, etc.
The Emergency Assistance Package provides coverage for towing, labor and delivery of gas, oil or loaned battery if the watercraft is disabled while on the water.
Every need is unique – contact us today to find out how to get the best boat insurance coverage for you.