5
Uninsured watercraft coverage
Liability paid up to your policy limit if injuries or damages are caused by a watercraft that is not insured.
6
Additional pollution liability
Pays out in the event of loss occurring due to unforeseen pollutant exposures that is typically covered by standard P&C policies
7
Trip Interruption/Emergency travel
Covers costs of returning home and reimbursement for the trip that was planned whether the trip was prepaid or nonrefundable.
1
Towing
This is what pays out for injuries sustained in an accident if the other person doesn't have enough coverage
2
Loss forgiveness
This pays out for any additional after market upgrades that are permanently attached to your vehicle to a specified amount.
3
Medical payments
RSA provides services for a set amount for tows, jump starts, unlocks and more.
Utah boat registration and insurance requirements
We want to make sure that you are well equipped with the proper knowledge and coverages so that way you can have fun on the water with peace of mind. Please see the below requirements and coverages. If you have any questions at all please as us by clicking here.
Watercraft Registration basics
According the stateparks.utah.gov certificate of registration is required on all sailboats and motorboats in the proper area on the watercraft. The only exception to this is canoes, kayaks and other vessels not propelled by motor or sail. another exception would be out of state residents you use the Utah waters 60 days or less as long as they have registration in their home state. Registration must on board the vessel at all times as law enforcrement has the authority to ask for it whenever the watercraft is being used.
Watercraft Insurance Basics
According to the stateparks.utah.gov personal watercraft whether motorboats or sail boats must carry watercraft liability insurance at all times when operating in any Utah waters. The state minimum requirements for boat insurance are $25,000/$50,000 bodily injury/death & $15,000 in property damage coverage or $65,000 combined minimum per accident.
I personally recommend way more coverage than that as boat insurance is one of the cheaper insurances out there and will not cost you much to bump up coverages. The only exception to this is motorboats less than 50hp or airboats. Proof of insurance must be carried on the watercraft whenever it is operating on Utah waters. Sufficient proof of coverage is an insurance card, declarations page, binder, renewal page.
Boat Insurance Coverages Offered
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Covers vessels up to 26ft in length, plus jet skis.
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Rates include insurance scoring.
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Consequential damage is included.
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Parts up to 10 years of age are covered for their replacement cost.
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Personal effects (including fishing rear) coverage is available for up to $20,000.
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Insure a personal watercraft and a boat on the same policy and policyholders get one bill—and a multi-unit discount.
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Wooden (antique) boats are also acceptable at agreed value.
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Includes replacement cost on parts up to 10 years old.
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For watercraft up to 50 ft. in length and/or $500,000 in value. Contact underwriting for hull limits over $300,000 prior to binding.
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Plus and Elite Coverage Packages include-
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Diminishing Deductible – For each consecutive year a watercraft is insured in the Marine Choice Program without a paid loss, any applicable deductible is reduced by 25%
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Hurricane Haul-Out – In the event of a named storm, we will reimburse an insured’s expense to have the vessel moved by a professional. This coverage will pay 50% of the costs, up to $2,000 for all Elite Packages ($500 for the Plus).
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Depreciation Deferral – Depreciation on certain watercraft items such as outboard motors, out-drive power units, upholstery and most protective coverings will be deferred until the item is 15 years old for all Elite packages (10 years old for Plus)
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Note: Not all programs and features are available in every state and the specifics of each program feature and each coverage may vary by state.
Value—$500,000 (increased from $350,000) for boats up to 10 years old; $60,000 (increased from $40,000) for boats more than 20 years old
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Horsepower (HP)—Up to 700 HP for single engines/1,400 HP for twin engines on cruisers, motor yachts, and ski/wake boats with inboard or inboard/outboard engines
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Engine configuration—Triple engines are now acceptable on certain outboard motorboats.
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No depreciation on partial losses— full compensation for parts, regardless of the ACV of those parts at time of loss.
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No marine survey requirement—Costly marine surveys are never required to bind, not even for Agreed Value coverage.
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Agreed Values — Customers are not required to lower their value, and boats will never age out of this coverage.
Optional Watercraft Coverages
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Trailer trip interruption coverage- over 100 miles from home
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Sign & Glide- Call during disablement and they will take it from there.
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Propulsion Plus Coverage: Coverage for mechanical breakdown, wear and tear, $250 deductible. Purchased for boats no more than 10 yrs. old and can be maintained until the vessel exceeds 20 yrs. old.
Yacht insurance coverages offered
Yacht insurance is a separate program from Boat.
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It covers vessels longer than 26 feet in length, and valued up to $1M.
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Liability coverage starts at $300,000 and increases to $1M in coverage.
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Longshore and Harbor Workers Compensation Act compliance and $25,000 for Jones Act coverage are included.
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Special options cover use as a six pack charter, occasional charters, liveaboard, extended navigation, and more.
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Dinghies are covered up to $3,000 for physical damage.
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Larger craft can be written as a separate boat, which qualifies for a multi-product discount.
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Extended navigation to the Caribbean and Mexico
Types of vessels covered include:
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Triple and Quad engine sport fishing boats
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Houseboats
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Performance boats including catamarans
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Sailboats
To view applicable discounts for our carriers.
Please contact!
Through contacting us I will give you the latest updates and discounts our carriers have to offer so you will be the first to know!
As a thank you, I will share with you my insights of how to save money and how to protect your home, your wealth and yourself for free.
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