Boat/Watercraft Insurance

Comprehensive Boat/watercraft Insurance from Ninerell Insurance Agency Inc.

At Ninerell Insurance Agency Inc. in Morrisville, PA, we offer comprehensive insurance coverage to all boats and other watercraft owners. All boat/watercraft owners in the state of Pennsylvania are required to have insurance policies that specifically cover their watercraft. Boating is a popular sport in the state, with more than 85,000 miles of rivers and boat-friendly streams. There are also 76 natural lakes and over 2,300 man-created impoundment locations.

There is a misconception among some watercraft owners that homeowners and auto insurance also cover boats and other watercraft. However, in Pennsylvania, homeowner's policies usually include minimal boat insurance coverage. In addition, this coverage is offered only for boats that are pretty small and have small engines or no engines.

All watercraft owners throughout the state should carry insurance to cover damage to their boats. They should also be insured against any damage their watercraft may inflict on other property. These owners should also have liability insurance for possible injuries that their watercraft may cause if these boats should hit an individual. Insurance coverage is also needed for potential injuries that passengers may incur while riding on their boat.

Insurance for your waterborne vessel can also protect you from the expense of replacing lost, stolen, or damaged onboard gear.onboardoating insurance policy can cover lost or stolen onboard persoonboardessions as well as fire damage or vandalism. There are currently different levels of insurance coverage available for watercraft owners. Our expert agents at Ninerell Insurance Agency Inc. will ensure that you select the right policy and protection to meet your needs as an active boatowner fully.

The Three Levels of Boat/watercraft Insurance in Pennsylvania

The three different levels of insurance that are currently available for boat/watercraft owners in Pennsylvania are as follows:

• Actual Cash Value (ACV) or Market Value. If the total loss of your watercraft occurs, we at Ninerell will reimburse you for the current-day value of your vessel minus the amount of your deductible. If you experience a partial loss of your boat, we will refund you for the amount of depreciated value on your damaged or lost property, minus your deductible.
• Agreed Amount Value. When you purchased your insurance policy, you and your Ninerell agent agreed on the value of your vessel. This amount, minus your deductible, will equal the amount you will receive if your boat becomes a total loss. Any damage that occurs during a partial boat loss is paid to you according to a replacement cost basis, minus your deductible.
• Replacement Cost Coverage. If you experience a total loss of your waterborne vessel, we at Ninerell Insurance will pay the cost of replacing your boat with a model that resembles your craft as closely as possible.

Contact our expert agents at Ninerell Insurance Agency Inc. by phone or email today to purchase your boat/watercraft owner's insurance policy. We also welcome you to visit our offices in Morrisville, PA to meet with our agents in person. Our experienced and knowledgeable experts are ready to guide you in selecting the ideal comprehensive watercraft insurance coverage to meet your every need.