A Life Ring for Your Boat Insurance Needs

The challenges in today’s insurance market go beyond just home and auto. The boat insurance marketplace, for example, can be tricky to navigate for you and your clients due to several concurrent factors.

You may experience other insurers backing out of the boat insurance marketplace, non-renewing policies, raising rates, and/or limiting what can be insured. All of these may leave you feeling high and dry without options to help your clients.

Hagerty has been offering marine insurance policies since 1984

Hagerty has been a trusted name in the boat insurance industry for over 40 years protecting all types of watercraft, from brand new wakeboard boats, pontoons, runabouts, cruisers, classic wooden boats, and everything in-between.

As an agent with Hagerty and a trusted advisor to your clients, you have access to the Hagerty Marine product through the same avenues as our collector car program. This allows you to place coverage on your clients’ boats with Hagerty, seamlessly.

Features of a boat policy through Hagerty include:

• No age restriction on boats: Hagerty can protect any year boat, from 1800s to brand new.
• Settlement type options: Based on your client’s needs, we have the settlement type that works best for them, including Agreed Value, Actual Cash Value, Liability Only, or Replacement Cost for boats three years and newer.
• Unlimited pleasure usage: Your clients are encouraged to use their boats within the navigation territories on the policy. Many places have a limited boating season each year and being on the water is the best place to be.
• Optional coverages: Unique coverages to protect your clients for how they use their boat, from watersports or fishing coverage for the outdoor enthusiast to Ultimate Drive coverage that helps protects newer boats from a lower outdrive failure.

The Hagerty marine team is here to help you and your clients navigate the changing tides in the boat insurance marketplace offering you calm waters and the coverages that best fit your clients’ and their boats.

Get a quote started today, call us at 800-762-2828 or email Marine@hagerty.com.