Progressive Boaters Insurance

Progressive Boaters Insurance FAQ

What types of boat insurance coverage does Progressive Boaters Insurance offer?

• Fuel Spill Clean-Up: Protects you from cleanup claims or third-party damage caused by the accidental discharge of oil or fuel.

• Water Sports Coverage: A must for boat owners who plant to use their vessel for water skiing, wakeboarding, and other water sports

• Salvage/Wreckage Removal: Some standard insurance policies will subtract salvage costs from the insured value of the boat or only offer a small percentage of the coverage amount for salvage. This endorsement protects from the specific costs and liability that go with a wreckage or salvage.

• Fishing Equipment and Carry-On Items: Add replacement coverage for fishing rods, reels, and tackle boxes. You can also add personal effects coverage for items you carry on your boat, such as phones and SCUBA gear. Items are covered if they’re damaged, stolen or fall off your boat.

• Total Loss Replacement: If it's a total loss, this policy will pay you based on the agreed value, actual cash value or the replacement cost value.

• Mechanical Breakdown Coverage: If your boat is protected by mechanical breakdown insurance the costs of repairs (not including maintenance or normal wear and tear) are covered by your policy. However, you will need to obtain authorization from your insurance company before you carry out repairs.

• Accident Forgiveness: This insurance rider helps you avoid a rate increase after the first accident where you are at fault. Check with Progressive Boaters Insurance to see if this rider is available in your area as it is not available in all states.

• Travel Expenses / Trip Interruption Coverage: This coverage helps pay for non-refundable expenses if your trip is delayed or canceled due to an accident, mechanical breakdown, theft, injury, unexpected illness, or some other covered event.

What is the financial strength rating of Progressive Boaters Insurance?