from Prime Insurance Agency in Deal

Are you planning on heading off the Deal Coast?

 

Water recreation is meant to be relaxing and worry-free. At PRIME, we help you make the most of the fun. We find a comprehensive policy that protects you, your friends and family, your watercraft and your boating equipment. You’re sure to enjoy the water even more when you aren’t worried about your safety, the safety of your passengers, or your investment. And the good news is that the average boat costs less than a dollar a day to insure!

 

Yachts and Other Personal Watercraft

 

All boats are not created equal. That is why access to comprehensive insurance for a wide range of watercraft – from tenders to small boats used on inland lakes to super yachts that cruise the world over – is critically important.

 

Knowing what to look for in a watercraft insurance policy is your first step to good coverage. PRIME Insurance can help you determine the right amount of coverage to meet your specific needs. Contact us today to start.

 

Some items you’ll need to consider when shopping for boat insurance:

 

• Navigational Area

 

Familiarize yourself with your water coverage boundaries. There are insurance companies that offer coverage for up to 75 miles from the U.S. coastline, beyond the Canadian coastal or inland waters, and within Mexico’s Pacific coastal waters. In California, Florida and Oregon, you can purchase protection for further areas.

 

• Agreed Value Coverage

 

Just like automobiles, boats depreciate. Replacing a stolen or totally damaged watercraft may be difficult if it is protected by an actual cash value policy. This is because you will only receive compensation for the value you insured it for, that is further reduced by your deductible.

 

• Liability

 

Like auto insurance, personal liability coverage protects other boaters and boat owners if you are at-fault in a water accident. Personal liability pays for repairing or replacing another person’s property. It also pays for their medical care, lost wages, and any costs incurred due to a boating accident that you are at-fault for.

 

• Medical Payments

 

Medical payments coverage pays for necessary medical care, resulting from a boat accident. Available from $500 to $10,000, this coverage protects you, your passengers. It also covers your water skiers/tubers, even if you are at-fault.

 

• Physical Damage Coverage

 

Physical damage coverage pays the cost of repairing or replacing your watercraft, its motor, or permanently attached equipment, as well as your trailer if it is stolen or damaged.

 

• Uninsured/Underinsured Watercraft Bodily Injury

 

Because boat insurance is not mandatory in all cases, many boaters opt out of acquiring insurance. In the event you are struck by a boater that is uninsured or underinsured boater and you incur injury, this coverage pays for medical treatment, lost wages, and other costs related to the collision.

 

• Fuel Spill Liability and Wreckage Removal

 

In the event your boat sinks or incurs substantial damage, it can leak oil or fuel into the water. By law, you are required to clean it up. This coverage would pay the costs involved.

 

• Personal Effects

 

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. Personal effects coverage does not include jewelry, watches or furs.

 

• Unattached Equipment Coverage

 

Unattached Equipment Coverage pays the cost of repairing or replacing equipment not permanently affixed to your boat, but created for its use. This refers to objects such as lifesaving paraphernalia, oars, anchors, water skis, fire extinguishers, tarps and the like.

 

• Emergency Assistance

 

In the event your boat is disabled while on water, emergency assistance covers you for the cost of towing, labor and gas delivery.

 

Every person is unique – talk to us today to find out how to get the best price and value on Deal, NJ Boat insurance for you.