Keep Your Boat Safe For Close To $20* A Month.
While Florida does not require that a boat owner to maintain boat insurance, it’s a good idea to protect all crew and the boat from harm. Reliable coverage is available from Elder Insurance Services LLC at an amazingly affordable monthly price! The coverage includes the support of an experienced agent who will be able to help you navigate all that falls under the boat insurance policy. Enjoy the peace of mind that can only be found when you realize your boat is covered from stem to stern!
Boat Insurance Coverage
Now You Can Be The Captain Of Your Boat Insurance Policy.
No matter if you intend to spend morning/noon/night out on the water, or you have your boat parked next to your garage until spring, it’s vital to protect your watercraft 365 days a year. It is also important to keep in mind that, while Florida does not require an insurance policy for your boat, your lien holder may have something different in mind. An Elder Insurance Services LLC insurance specialist will be able to walk you through the different coverage types to help you determine if a policy makes sense:
- Watercraft medical payments coverage
It can be a complete nightmare if a friend or family member is injured in an accident while on your boat. Help with medical expenses can help alleviate some stress and aid acquaintances who are in a financial pinch due to medical expenses after the accident.
- Watercraft liability coverage
It can be a complete nightmare if a friend or family member is injured in an accident while on your boat, matters are further complicated when another boat is involved. Help with medical expenses can help alleviate some stress and aid acquaintances who find themselves in a financial pinch due to medical expenses after the accident. Watercraft liability coverage improves on the standalone medical payments coverage by covering other expenses of anyone injured and taking care of the costs associated with repairing/replacing another person’s boat and property.
- Property coverage
If you’re involved in a collision with another watercraft, buoy, pier or submerged debris, property coverage will pay for the damage. The policy will also typically include language about vandalism, theft or fire.
- Repair cost
If an accident/breakdown results your boat, motor, installed equipment or towing trailer incurring damage, it is great to have a policy that will cover repair work with no deduction being made for depreciation.
- Emergency services
A breakdown on the water can be embarrassing and expensive; emergency services coverage will cover the costs of towing/labor and the expense of delivering oil/fuel or a battery.
- Uninsured watercraft coverage
Florida doesn’t require boaters to maintain an insurance policy and, as a result, you may find that the other boater in an accident is uninsured. There is coverage available to help pay for injuries that you, family members or friends sustain if an uninsured boater is involved.
- Agreed value option
In the event of an accident in which your boat cannot be repaired, Elder Insurance Services LLC will reimburse you for the value of the boat at the start of the policy rather than the current market value.
- Personal effect coverage
If fishing gear/equipment or other personal belongings are damaged in an accident, stolen or lost, personal effect coverage will reimburse you.
- Additional boat equipment
Elder Insurance Services LLC will even cover accessories like PFDs, anchors and navigation gear, up to specific policy limits.
- Boat trailer coverage
If you worry that your boat trailer could become damaged due to an accident or an unforeseen incident, boat trailer coverage can offer peace of mind.