boat / watercraft
At Biggs Insurance we want to help you make your time on the water a relaxed and worry free event. We have the capability of tailoring your coverage needs to fit your watercraft, from mega yachts to canoes and everything in between. We have programs with specific coverages and benefits to meet the precise needs of a variety of yacht and boat owners. Some unique benefits and features include:
AGREED VALUE COVERAGE: Watercrafts depreciate just like automobiles; actual cash value policies make it difficult to replace a boat in the event of a total loss. With agreed value this means that if your boat is a total loss you will get the value you insured it for, minus any deductible.
PHYSICAL DAMAGE: Physical damage covers the cost to repair or replace your watercraft, motor, boat trailer, and any permanently attached equipment if it is stolen or damaged.
LIABILITY: Liability coverage provides coverage to other boaters and boat owners in the event you are responsible for an at fault accident on the water.
FUEL SPILL LIABILITY and WRECK REMOVAL: In the event that your watercraft should sink or is seriously damaged there is a good chance it could leak fuel or oil into the water. As the boat owner you are required by law to have this cleaned up. This process may be time consuming and expensive.
UNINSURED / UNDERINSURED WATERCRAFT BODILY INJURY: Being that watercraft insurance is not mandatory many boaters make the choice not to insure their watercraft. If by chance one of these uninsured or underinsured boaters hits you and you are injured, this coverage pays medical treatment, lost wages, and other costs associated with this accident up to your policy limits.
MEDICAL PAYMENTS: Medical payments coverage is provided for you, your passengers, and even water skiers/tubers, regardless of who is at fault, up to limits purchased.
PERSONAL EFFECTS: We have markets that will cover personal effects, not having anything to do with your watercraft such as clothing, fishing equipment, and other items not limited strictly to your watercraft.
NAVIGATION LIMITS: Many boat policies have limitations of navigational territory. Please talk to one of our agents if you are planning any long trips, as you may not be covered.