OHIO - WHAT YOU NEED TO KNOW ABOUT BOAT
Know where you are covered in the water. Safeco protection 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. In California, Florida and Oregon,
additional coverage area can be purchased.
AGREED VALUE COVERAGE
Watercrafts depreciate just like automobiles. Actual cash value policies can make it difficult to replace a boat
thatís 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 auto 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
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.
UNINSURED/UNDERINSURED WATERCRAFT BODILY INJURY
Since boat coverage 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 coverage pays for medical treatment, lost wages, and
other costs associated with the accident.
FUEL SPILL LIABILITY AND WRECKAGE REMOVAL
Should your boat sink or be seriously damaged, there is a chance that it could leak oil or fuel into the water. As
the boatís 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 Ė check with Slowey
Insurance Agency, Ltd for information. Personal effects coverage does not include jewelery, watches or furs.
UNATTACHED EQUIPMENT COVERAGE
This pays to repair or replace equipment that isnít 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.
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Every need is unique Ė contact us today to find out how to get the
best boat and watercraft insurance coverage for you.