BOAT AND RV INSURANCEProtecting Your Leisure Time Property
Like any insurance policy coverage and premiums will vary for boats and RV’s depending upon the levels of protection you desire for your property.
Because boats are not limited to US highways, but various waterways, make sure that coverage includes the areas where the boat may travel such as all lakes and rivers in the US or Canada or into ocean waters. Many policies cover up to 75 miles from the US coastlines.
Is a survey of the boat required? Some insurance carriers require a detailed inspection of your boat before writing a policy, so be sure to get information on this process. Is your boat covered? Most companies will insure bass boats, sailboats, pontoons, powerboats and other watercraft up to $350,000. Always check coverage limitations.
Some of the types of coverage included in policies include No Depreciation on Repairs, Small Accident Forgiveness, Fuel Spills, Wreckage Removal, Roadside Assistance and Water Sports Coverage. And like an auto insurance policy, there is Bodily injury and property damage liability, Comprehensive & Collision, Uninsured or underinsured boater, and medical payments.
RECREATIONAL VEHICLES and MOTORHOMES
The typical coverage of an auto policy is not applicable for RVs. RV owners want a policy that covers personal items carried in a Motor Home. It’s also important to have liability insurance when the Motor Home is parked and used as a residence and to implement coverage for attached accessories like awnings, antennas, roof-top air conditioners and satellite dishes.
If an when there is a breakdown or accident coverage is available to cover expenses for lodging or traveling home if you can’t stay in your Motor Home because of a covered loss.
Insurance companies take on additional risk because an RV carries LP gas, hundreds of gallons of water, and wastewater. Policies need to be specific to the RV and its usage. Beaver Insurance Agency works with carriers that have a broad range of options to protect owners, passengers, contents, and address liability coverage. Contact one of our trained Insurance Agents to get all the details on coverage for your RV.