Boat Insurance Basics

It’s that time of year! The weather is warming up here in MA and RI, time to take the shrink wrap off of that cabin cruiser and get her ready for the water. And while you are at it cleaning out the cockpit and painting the hull, take a minute to consider your boat insurance before you head to the boat launch.

At Lapointe Insurance, we’ve got you covered. Whether you’ve got a Center Console, Catamaran, Cutter, Runabout, Bow Rider, Bass Boat, or Jetski here are things to consider with your Massachusetts and Rhode Island Boat Insurance.

Physical Damage coverage. – Provides protection in the event of a collision with a submerged object or another boat.

Liability coverage. – For bodily injury or damage to the property of others.

Personal Property coverage. – Protects personal property on the boat including, but not limited to, your clothing, stereo system, cameras and other personal items.

Towing and Assistance coverage. – To transport your boat to a repair facility when it’s inoperable and you’re stranded in the middle of Narragansett Bay or off the coast. Gas delivery for boats and roadside assistance are also available.

Flexible Pricing Programs – You choose. Agreed Value or Actual Cash Value coverage. Agreed Value entitles you to the “replacement value” on most partial losses involving your vessel, its furniture, fixtures and electronic equipment. Actual Cash Value earns you a substantial premium discount. In the event of a loss, settlement is based upon a depreciated value.

Education Discounts Up to 10 Percent. For safe boating courses, including Power Squadron and U.S. Coast Guard – 5 percent per boat for basic courses, 10 percent per boat for advanced.

Equipment credits. Available for safety equipment such as built-in fire extinguisher systems and burglar alarms.

Flexible payment options. You can pay your bill by: check, electronic funds transfer (EFT), phone or online. It’s your choice.

At Lapointe Insurance, we want to make sure you are protected, so you can go have fun this summer without worrying about it. That means we make sure you have the right coverage for the best price possible. If you would like to receive a quote, or have one of our friendly team members review your Massachusetts or Rhode Island insurance program, give us a call at (508) 678-8341 or click here to begin the process by email.

Thank you,

John Lapointe
Account Executive