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4 Things You Should Know About Boat Insurance

Friday, April 24th, 2015

4 Things You Should Know About Boat Insurance
News from Cape Gazette:

So you just picked up your new boat and you’re anxious to hit the water and feel the fresh air on your skin as you navigate many of the lakes and streams the world has to offer. Before you take your boat out on the water, you need to be sure you are properly protected if the unthinkable happens. Boat insurance is one of the best ways to make sure you are covered in the event of an accident when you are out on the water.

 

1. Why get boat insurance?

Many new boaters believe that a homeowners policy will cover their boat as well. Unfortunately, that is often not the case. You want to be sure your new investment remains safe if something happens, and you also want to make sure your financial assets are protected in case there is an accident and you are at fault. To do this, you must purchase an insurance policy on your new boat.

 

On average, the prices for boat insurance range from a few hundred dollars to over $ 1,000, depending on the type of boat and your personal history. Prices on your boat insurance can depend on a number of factors including:

Type of Boat

Size of Boat

Size of the Engine of the Boat

Expected Use of the Boat

Your Personal Profile

continues on Cape Gazette

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Bachmann-Zeitlin Insurance Agency Reminds Bucks County About the …

Thursday, April 16th, 2015

Bachmann-Zeitlin Insurance Agency Reminds Bucks County About the …
News from Insurance News Net:

Philadelphia, PA — (ReleaseWire) — 04/13/2015 — The Bachmann-Zeitlin Insurance Agency provides automobile, homeowners, renters, boat, life and flooding insurance to Pennsylvania residents. Their fully licensed insurance agency strives to provide the best policies at the most affordable rates, coupled with unsurpassed customer service. As the weather warms and PA boat owners start itching to get on the water, the Bachmann-Zeitlin Insurance Agency wants to remind everybody that optional insurance policies, such as life insurance and boat insurance in Bucks County, are just as important as car insurance and health insurance.

While vehicle owners are legally obligated to carry insurance policies with minimum liability requirements in most states, there are no such obligations for boat owners to insure a pleasure boat. If that’s not surprising, then let’s add some statistics to the mix. According to the Pennsylvania Fish and Boat Commission…………… continues on Insurance News Net

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4 Things You Should Know About Boat Insurance

Sunday, April 5th, 2015

4 Things You Should Know About Boat Insurance
News from The Cheat Sheet:

Source: iStock

So you just picked up your new boat and you’re anxious to hit the water and feel the fresh air on your skin as you navigate many of the lakes and streams the world has to offer. Before you take your boat out on the water, you need to be sure you are properly protected if the unthinkable happens. Boat insurance is one of the best ways to make sure you are covered in the event of an accident when you are out on the water.

1. Why get boat insurance?

Many new boaters believe that a homeowners policy will cover their boat as well. Unfortunately, that is often not the case. You want to be sure your new investment remains safe if something happens, and you also want to make sure your financial assets are protected in case there is an accident and you are at fault. To do this, you must purchase an insurance policy on your new boat.

On average, the prices for boat insurance range from a few hundred dollars to over $ 1,000, depending on the type of boat and your personal history. Prices on your boat insurance can depend on a number of factors including:

  • Type of Boa…………… continues on The Cheat Sheet

… Read the full article


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Boat owner express concerns about future fee hikes at marina

Friday, December 19th, 2014

Boat owner express concerns about future fee hikes at marina
News from Buffalo News:

Erie Basin Marina boat owners are seeing their slip fees go up by an average of 36 percent for the coming year.

But that’s not what worries them. It’s what will happen in future years.

About 50 slip holders attended the Buffalo Common Council committee hearing Tuesday to express concerns about the city’s contract with Smith Boys to operate the marina.

The boat owners said they understand, generally, the 36 percent hike is necessary because fees haven’t increased in some 12 years. But they worry the city will allow Smith Boys to increase rates 30 percent next year, and another 30 percent the year after that.

Their concern, they said, is based on a business plan Smith Boys provided the city.

But Steven J. Stepniak, the city’s Public Works commissioner who is responsible for negotiating the marina contract, assured boat owners that the 2015 rates are the only ones that have been approved by the Council.

Under the fee structure, 2014 fees were, for example, $ 750 for a resident or $ 825 for a nonresident with a 20-foot boat in a 20-foot slip; and $ 1,450 for a resident or $ 1,580 for a nonresident with a 38-foot boat in a 30-foot slip.

On average, the 36 percent increase for 2015 brings those resident and nonresident fees to $ 1,020 and $ 1,122, respectively, for the 20-foot slip and $ 1,972 and $ 2,140, respectively, for the 30-foo…………… continues on Buffalo News

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Boaters talk about safety

Sunday, June 8th, 2014

Boaters talk about safety
News from FOX10 News – Mobile:

MOBILE, Ala. – The boating season is in full swing on the gulf coast, and law enforcement agencies urge you to stay safe on the water.

As the temperatures continue to heat up on the gulf coast many of you are heading out on the water to relax and cool off.

The shortest red snapper season on record has been busy for the Coast Guard. They tell us they’ve had a number of calls in the past two weeks, including the burn victims Saturday.

“That was our first call. We had another call immediately after,” Petty Officer Robert Brown said.

Officials say there may not be a good samaritan nearby if you get in trouble on the water, that’s why is important to be prepared.

Retired minister Pat Dunn said after recent surgery it will be a few weeks before he’s able to take his 31 foot boat out on the water again.
When he does he said the boat will be stocked with all the necessary safety gear.

“Make sure you got at least two fire extinguishers, check the date on them, make sue they work, and they’re ABC. And make sure nobody has stolen them,” Dunn said.

Larry Henrikson said he tries to take his boat, “What the “L” out at least once a week.
He said safety is a priority on his vessel.

“You carry the required equipment, the life jackets, the horns, the fire extinguishers, bilge pumps, I carry the marine radio, the two way radi…………… continues on FOX10 News – Mobile

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Vietnamese crew speaks out about ship sinking incident in disputed waters

Monday, June 2nd, 2014

Vietnamese crew speaks out about ship sinking incident in disputed waters
News from CNN:

The captain, crew and owner of Dna 90152 TS in Da Nang on May 31
  • Last week’s incident saw fishing boat scuttled near disputed islands
  • Crew of fishing boat reportedly rammed say a Chinese military vessel attacked them
  • China places blame on fishing boat’s crew

Da Nang, Vietnam (CNN) — When fishing in fiercely-contested territorial waters, a certain amount of risk must be assumed. For the crew of Vietnamese fishing boat Dna 90152 TS, the worst-case scenario happened early last week when their ship was capsized by what they insist was a Chinese military vessel.

The ship’s captain, Dang Van Nhan, told CNN via an interpreter that on May 26…………… continues on CNN

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Guest opinion: Big changes in store to bring about health care reform

Thursday, November 29th, 2012

Guest opinion: Big changes in store to bring about health care reform
News from The News-Press:

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Fireman’s Fund Insurance Co., Petitioner, v. Wilburn Boat Co. et al. U.S. Supreme Court Transcript of Record with Supporting Pleadings

The Making of Modern Law: U.S. Supreme Court Records and Briefs, 1832-1978 contains the world’s most comprehensive collection of records and briefs brought before the nation’s highest court by leading legal practitioners – many who later became judges and associates of the court. It includes transcripts, applications for review, motions, petitions, supplements and other official papers of the most-studied and talked-about cases, including many that resulted in landmark decisions. This collection

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About Boating Safety Class

Saturday, March 31st, 2012

About Boating Safety Class
News from Anchorage Daily News:

The Anchorage Flotilla of the US Coast Guard Auxiliary teaches a one-day basic boating class.

The course is designed to educate new or rusty boaters in skills needed to safety handle and operate a boat in Alaskan waters. Many insurance companies will discount boat insurance costs when you present a certificate of completing this boating safety course and passing the exam.

To register or get more information, please contact: Richard Fairbanks (907) 248-1427 or Dean Terencio (907) 345-1654.

…………… continues on Anchorage Daily News
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5 Things You May Not Know About Mitt Romney

Monday, November 28th, 2011

5 Things You May Not Know About Mitt Romney
News from NPR:

Enlarge Steve Pope/AP

Republican presidential candidate Mitt Romney speaks to a group of workers at Nationwide Insurance Co., last week in Des Moines, Iowa.

Steve Pope/AP

Republican presidential candidate Mitt Romney speaks to a group of workers at Nationwide Insurance Co., last week in Des Moines, Iowa.

Will the conventional take on Mitt Romney — that he aims to please everyone<…………… continues on NPR

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What Agents Should Know About Selling Boat Insurance—Slideshow

Monday, June 20th, 2011

What Agents Should Know About Selling Boat Insurance—Slideshow
News from PropertyCasualty360:

With summertime officially here, potential and existing policyholders may begin asking for advice on what types of boat insurance coverages they should have or need. As their agent, do you have a good working knowledge of the products and the market? The answer depends on many factors, including the type of customer as well as the type of boat they’ll be using. 

Below and on the following pages are photos of common watercraft to help you match coverages to the needs of many different kinds of boat owners: runabouts/pontoon/ski boats; bass/walleye boats; sailboats; high-performance craft; and yachts and houseboats.

Runabouts, Pontoons, and Ski Boats

In theory, virtually any boat can pull a skier, and if your insured plans to do so, they should consider a water sports endorsement with higher liability limits. Most boat owners should also consider coverage for…………… continues on PropertyCasualty360

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