{"id":1699,"date":"2015-03-08T12:07:41","date_gmt":"2015-03-08T17:07:41","guid":{"rendered":"https:\/\/project-011.com\/?page_id=1699"},"modified":"2015-03-30T17:19:13","modified_gmt":"2015-03-30T22:19:13","slug":"yacht-insurance","status":"publish","type":"page","link":"https:\/\/project-011.com\/?page_id=1699","title":{"rendered":"Yacht Insurance"},"content":{"rendered":"

\"Yacht<\/a>Yacht Insurance – Cabin Cruiser Insurance<\/span><\/h1>\n

Cruisers & Large Power Boats<\/span><\/h2>\n

Our\u00a0Yacht Insurance<\/strong>\u00a0program\u00a0policy is designed for your\u00a0large cruiser and power boat type pleasure watercraft of lengths from 27\u2019 to 50\u2019 and under $350,000 in value.\u00a0 Our traditional agency markets may not be a market for exceptionally large or valuable watercraft but we have underwriters willing to consider Yacht Insurance<\/strong> for cabin cruisers and large power boats in excess of $350,000 on an individual basis.<\/p>\n

Yacht Insurance<\/strong> for cabin cruisers are typically powered by inboard\/outboard stern drive power plants or inboard power and drive systems where only the propeller shaft is outside the hull.\u00a0 Boats of this size are rarely equipped with external motors mounted on a transom. \u00a0When\u00a0twin engines and drive systems have been installed we are able to insured both gasoline and diesel fuel systems installations.\u00a0 Engine compartment venting and blowing systems are required.\u00a0 Some yacht and cabin cruiser boats have been outfitted for fishing with down-rigger systems for fishing.\u00a0 One of the key elements of a Yacht as opposed to other medium sized watercraft are the sleeping and cooking capabilities.\u00a0 While sleeping and cooking facilities are compact the designers have attempted to provide these as comfortable facilities.\u00a0 Smaller watercraft have areas that can be used for sleeping but rarely provide sufficient cooking accommodations.\u00a0 Yacht Insurance on older watercraft and cabin cruisers usually requires a marine survey especially when the Yacht exceeds 10 years old and over $50,000 in value.<\/p>\n

Yacht Insurance\u00a0<\/strong>coverage is provided on competitive terms and at the lowest possible price from among several carriers.\u00a0Yacht Insurance<\/strong>\u00a0is for medium to larger sized watercraft that have a cabin and cooking areas as a general rule. \u00a0 These are also watercraft that have extensive navigation equipment that may include radar, Loran, GPS, auto-navigation and piloting, FLIR, and ship to shore radio equipment.\u00a0 Yacht Insurance coverage is not typically obtained inside of the abilities of the homeowner policy.<\/p>\n

There are a number of coverage endorsements that can be provided to specifically tailor coverage to your\u00a0Yacht Insurance<\/strong>\u00a0requirements. \u00a0Yacht Insurance<\/strong>\u00a0policies are unique from one carrier to another so it is not necessarily easy to compare one\u00a0Yacht Insurance<\/strong>\u00a0policy\u00a0to the\u00a0policy\u00a0of another carrier. \u00a0Rates for Yacht Insurance are determined based upon the location the watercraft is moored and the waters that are navigated but owners should exercise caution when operating their watercraft outside of USA territorial limits unless the policy has been properly endorsed.\u00a0 There are many common features and endorsements and these are some of them:<\/p>\n

Yacht Insurance\u00a0– Policy Features<\/strong><\/h3>\n
    \n
  • Agreed Value Loss Settlement (Most Carriers when endorsed)\n
      \n
    • Actual Cash Value is the standard coverage<\/li>\n<\/ul>\n<\/li>\n
    • Vanishing Deductible<\/li>\n
    • Waiver of Depreciation<\/li>\n
    • Hurricane Emergency Haul Out Expense<\/li>\n
    • Replacement Cost for Total Loss<\/li>\n
    • Wreckage Removal<\/li>\n
    • Fuel Spill Liability<\/li>\n
    • Small Boat Insurance Underwriting Considerations<\/li>\n<\/ul>\n

      Yacht Insurance\u00a0– Available Discounts<\/strong><\/h3>\n
        \n
      • Multi-Unit (More than one boat insured)<\/li>\n
      • Multi-Policy (Certain Carriers)<\/li>\n
      • Lay-up period (when boat is stored)<\/li>\n
      • Advance Quote Discount<\/li>\n
      • Boater Association Discount<\/li>\n
      • Original Owner Discount (Some Companies)<\/li>\n
      • Paid in Full Discount<\/li>\n
      • Prior Insurance\/Transfer Insurance Discount<\/li>\n
      • Protective Device Discount (Some equipment required<\/li>\n
      • Boating Safety Course<\/li>\n
      • Claims and Violation Free Discount<\/li>\n
      • Transfer Discounts<\/li>\n
      • Accident Forgiveness – Small Claim Forgiveness (Some Companies)<\/li>\n
      • Credit Based Discounts using Credit Score<\/li>\n
      • EFT Payment Method Discount<\/li>\n
      • Age of Insured Discount<\/li>\n
      • Affinity and Alliance Discount<\/li>\n<\/ul>\n

        Yacht Insurance\u00a0Coverage\u00a0Endorsements<\/strong><\/h3>\n
          \n
        • Water Sports or Skier endorsement (not common)<\/li>\n
        • Pet Injury Coverage (Some Carriers)<\/li>\n
        • Fishing Equipment Coverage<\/li>\n
        • Depreciation Deferral (When Option Chosen)<\/li>\n
        • Boater\u2019s Personal Liability Insurance<\/li>\n
        • Uninsured Boaters Coverage<\/li>\n
        • Personal Effects Replacement Cost<\/li>\n
        • Boater Towing & Assistance<\/li>\n
        • Trailer Trip Interruption Coverage<\/li>\n
        • Coverage for Trailers<\/li>\n
        • Propulsion Breakdown Coverage (Some Companies)<\/li>\n
        • Extended Coastal Navigation up to 125 miles<\/li>\n
        • Mexico Physical Damage Coverage<\/li>\n
        • Bahamas Waters Coverage (22 deg 50′ North latitude)<\/li>\n
        • Boat Lift\/Cradle\/Hoist up to $2,000<\/li>\n
        • Trip Interruption<\/li>\n
        • Tournament Fee Reimbursement<\/li>\n
        • Uninsured – Underinsured Boater Liability<\/li>\n<\/ul>\n

          Agent Information for Yacht Insurance<\/strong><\/h3>\n

          Insurance Associates Agency Inc. is licensed in Ohio and Michigan for multiple lines of insurance. \u00a0The principle agent is Terry McCarthy. \u00a0Terry has spent much of his life within an hour or two of the Great Lakes in Michigan and Ohio. \u00a0Having been around boats all his life he is uniquely qualified to assist you in finding\u00a0Yacht Insurance<\/strong>\u00a0for your present or soon-to-be-acquired new watercraft. \u00a0Whether you find the allure of a peaceful weekend or early morning fishing on your small boat, time on a boat is a reward for working hard every day. \u00a0In the Midwest we are blessed with great natural resources for boating and recreation and Terry stands ready to assist you in you in finding\u00a0Yacht Insurance<\/strong>\u00a0and is able to answer your questions and insurance needs. \u00a0You can reach Terry Monday through Friday, from 9-5 most days for your questions by calling (513) 779-7920. \u00a0Other hours are available by appointment, and of course, Terry is\u00a0available 24 hours a day for emergencies. \u00a0The office address is 8114 Paul Manors Dr., West Chester, OH \u00a045069. \u00a0Toll free: \u00a0(800)823-9643.<\/p>\n","protected":false},"excerpt":{"rendered":"

          Yacht Insurance – Cabin Cruiser Insurance Cruisers & Large Power Boats Our\u00a0Yacht Insurance\u00a0program\u00a0policy is designed for your\u00a0large cruiser and power boat type pleasure watercraft of lengths from 27\u2019 to 50\u2019 and under $350,000 in value.\u00a0 Our traditional agency markets may not be a market for exceptionally large or valuable watercraft but we have underwriters willing […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":24,"menu_order":0,"comment_status":"open","ping_status":"open","template":"tpl-boat-insurance.php","meta":{"footnotes":""},"class_list":["post-1699","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/pages\/1699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/project-011.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1699"}],"version-history":[{"count":7,"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/pages\/1699\/revisions"}],"predecessor-version":[{"id":2035,"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/pages\/1699\/revisions\/2035"}],"up":[{"embeddable":true,"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/pages\/24"}],"wp:attachment":[{"href":"https:\/\/project-011.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}