Boat insurance rates in CA

1. Emergency Medical Insurance www.promaxinsuranceagency.com

2. Understanding Boat Insurance Coverage With over 75 million people in America involved in recreational boating (according to the National Marine Manufacturers Association) – it is hardly surprising that boat insurance rates in CA is a topic that interests so many. However, for many boat owners, the concept of boat insurance remains unknown. www.promaxinsuranceagency.com

3. What is Boat Insurance? Boat insurance covers a boat owner in the event of a loss or damage caused to the boat. It covers most types of water-based vehicles that run on motors, counting fishing boats, paddle boats, yachts and leisure boats. A boat insurance policy won’t however, cover PWCs (personal watercrafts), kayaks or canoes. www.promaxinsuranceagency.com

4. Understanding Boat Insurance Coverage 1. What is Covered? Boat insurance policies usually include coverage for any physical injury that the policy holder’s boat imposes on other boats, docks, and people. It also covers any form of physical damage caused to the policy holder’s boat in case it hits something. There are several options for purchasing inclusive coverage against burglary, wreckage, fire, and floods. Liability coverage can also be purchased for personal items such as fishing equipment and also curb assistance in case the boat needs a tow. www.promaxinsuranceagency.com

5. Understanding Boat Insurance Coverage  2. What is Not Covered? • In case the insured boat is being transported on land boat policies will not pay for – • The loss of life • Physical Injury • Property damage • If the boat is damaged when parked on the owner’s property, it falls under homeowners’ insurance policy. Since terrestrial liability is not included in boat insurance policies, it is advisable to protect the boat and the assets in the boat from potential issues while boat is on land. • Most boat insurance policies also mention a navigational warranty. Only the inland waters of America and Canada are covered. www.promaxinsuranceagency.com

6. The average boat insurance rate in CA On an average, yearly boat insurance rates in CA can range from a few hundred to $1,000. Rates are based on the type of boat and the profile of the boat owner (history of boat insurance claims, credit score, driving record, age, etc.) What also matters is the type of boat – the length and size of the boat, the horsepower of the boat. In most cases, boats that have higher horsepower engines are given costlier boat insurance rates in CA. Another factor that plays a huge role in determining the insurance premiums is the expected use of the boat. If the boat owner only intends to take his boat for sporadic fishing trips, the rates will naturally be lower than that for a boat owner who intends to paraglide. Rates for speedboats, small fishing boats, and yachts differ a lot on rates. On an average, the most basic boat insurance package will cost $500 a year. www.promaxinsuranceagency.com

7. Promax Insurance Agency Devoted to lessen boat insurance rates in California, Promax Insurance Agency has become a great advisor for all their customers. Stubbornly safeguarding the best arrangements for their customers, Promax Insurance Agency as an independent insurance agency guides its customers, shops around and negotiates to get the cheap and best boat insurance policies. FOR MORE INFORMATION 800-371-8277 www.promaxinsuranceagency.com