The state now requires a new level of coverage, but boaters say it’s impossible to get The state of Hawaii has announced a new rule it wants boaters in the state to follow regarding their boat insurance coverage, but many people are saying that despite their best attempts, it’s not possible to comply. Coverage is required in order to use any of the state’s harbors However, the new regulation would have boaters purchasing $100,000 in boat insurance coverage for salvaging a vessel that has run aground. This is the case…
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What should you ask your boat insurer to get the best coverage?
As you get ready to launch your boat for the first time this year, it’s important to make sure that you start by purchasing your boat insurance and that you obtain the right level of coverage for the best price. To accomplish this goal, you’re going to want to make sure to ask the boat insurance company a few questions before you make your final purchase: • How much coverage is there for someone who borrows the boat? Different policies provide varying degrees of coverage for passengers, crew, and people…
Read MoreAllstate releases common boating accident avoidance tips
As this year’s boating season passes its peak and begins to come to a close, Allstate Insurance has identified the most common forms of boating accident and has released tips for boaters to avoid making common errors that can lead to damage to their vehicles. The Coast Guard is reminding boaters to remain vigilant, but is already celebrating a notable drop in the number of accidents and fatalities. For example, a recent report showed that accidents have been falling over the years, as there were 4730 reported in 2009, but…
Read MoreNew York “no tolerance” boating proposal
It is that time of the year; the sun is shining and the weather is warm. Friends and families are ready to go camping, boating and skiing. Beware though, if you’re a New Yorker; the New York Senate is pushing to get laws for boaters convicted of intoxication changed. If the bill passes it could mean stricter laws, including for those under age 21. The Senate wants to get a new law passed regarding alcohol related boating convictions for those who are under 21 years of age. Currently, boaters 21…
Read MoreBoaters get better coverage just in time for summer fun!
If you’ve been getting the fever to get your boat out on the open waters, it may be a good time to evaluate your current insurance policy. Two insurance companies have recently restructured their coverage for recreational boat enthusiasts. BoatU.S insurance company and CNA insurance company have added benefits to policies for boaters. Boat Owners Association of the United States (BoatU.S.) has been insuring the boating community for over 40 years, and currently has over half a million members. Richard Schwartz started the company in 1964. In 1966 Dick Ellison…
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