Fuller Insurance Blog

State Farm Increases Florida Boat Insurance Rates 39%!

I just found out today that State Farm is increasing Florida boat insurance rates by a whopping 39%! This rate change is effective June 1, so if your State Farm boat insurance policy renews on or after June 1, 2011, you will receive a much higher rate.

As a Trusted Choice agent, Fuller Insurance writes Florida boat insurance with several different insurance companies, including Safeco Insurance and Progressive Insurance.

You can get an online Florida boat insurance quote with Progressive or give us a call for a boat insurance quote over the phone.  Fuller Insurance can help you keep your boat insured at an affordable rate. ###

 

Progressive Boat Insurance: A Great Option for Florida Boat Owners

If you own a boat or pleasure watercraft in Florida, you have many different insurance companies to choose from. Let me give you several reasons why you need to consider Progressive Boat Insurance.

Progressive Boat Insurance lowered their overall rates an average of 8 percent in Florida effective January 1, 2011. So you start off with a more competitive rate from Progressive before any boat insurance discounts are applied.

Progressive Boat Insurance has become a leader in offering discounts to Florida boat owners, including these industry leading discounts:

Transfer Discount: If you have prior coverage with Progressive Boat Insurance or any other boat insurance company, you will get a discount for transferring your coverage to Progressive

Prompt Payment Discount: When you make your payments on time using an approved payment method, you receive an additional discount. The easiest way to always receive the Prompt Payment Discount is to sign up for automatic EFT payments from your checking account.

Advance Quote Discount: If you are shopping for boat insurance, call Fuller Insurance a few days before you need the boat insurance coverage to start. When you call ahead for a firm boat insurance quote, you receive a discount. The farther you call ahead the bigger the discount, and you even get a discount for calling just one day before you need the boat insurance coverage to start.

United States Coast Guard Auxilary or Power Squadron Discount: Progressive Boat Insurance now offers a discount if you are a member of the United States Coast Guard Auxilary of if you complete the Power Squadron training.

Years of Experience Discount: Get a discount for the number of years that you have boating experience.

Length of Ownership Discount: The Length of Ownership Discount is in addition to the Years of Experience Discount. With this discount, the longer you have owned a boat or pleasure watercraft, the bigger the discount you receive.

While these are the newest discounts Progressive Boat Insurance offers, there are many more. Plus there is no maximum overall discount - each discount you earn counts, so you could get 50, 60, or even 70% off the base insurance rates.

You may be thinking "does my Florida boat qualify for Progressive Boat Insurance?" If your boat or pleasure watercraft is 35 feet or less, and not worth more than $175,000, then your boat probably qualifies for Progressive Boat Insurance.

Besides the discounts, you receive quality insurance coverage from Progressive Insurance Company,  rated A+ by A. M. Best Company.

Progressive Boat Insurance offers Total Loss Replacement coverage on current year and prior model year boats and pleasure watercraft. In addition, Progressive offers Agreed Value Coverage on any model year boat.

Do you have a pet dog or cat you love? Progressive Boat Insurance automatically includes $1,000 of Pet Coverage for a dog or cat to cover medical injuries or even death.

If you own a ski boat, you probably have water toys such as skis or tubes. Progressive Boat Insurance automatically includes coverage for Water Sports when you purchase medical payments coverage (sorry, no coverage for para-sailing!). Does your current boat insurance company offer Water Sports coverage?

These are just of the few of the reasons why you need to consider Progressive Boat Insurance. With the multiple discounts, you receive a competitive insurance rate on your Florida boat or watercraft. Plus, you can rest easy knowing you have a boat insurance policy packed with the insurance coverages you need in case of a boating accident. Call Fuller Insurance for a boat insurance quote with Progressive Boat Insurance or request an instant boat insurance quote on-line.

 

Oil Spill And Your Progressive Boat Insurance

Progressive Insurance Company started emailing customers this week that their Progressive boat and personal watercraft insurance policies will cover physical damage caused by the oil spill.

However, Progressive does not cover boaters offering their watercraft for hire for oil spill cleanup and mitigation - this is definitely not covered under the Progressive boat insurance contract.

If you miss the email, below is a copy:

Dear <NAME>:

We’re here to help if you need to report damage to your watercraft resulting from the oil spill in the Gulf of Mexico—just call 1-800-776-4737.

The extent to which the oil spill might damage watercraft is not completely known at this time. Should oil begin to approach your waterway, we encourage you to take your watercraft out of the water if that will prevent damage from the spill. You’ll get peace of mind knowing your watercraft is safe, and you’ll avoid any deductible costs of a claim.

If you decide to keep your watercraft on the water:

• Speak to your marina about its preparation plans to protect the waters inside its boundaries;

• Get regular updates regarding water conditions in your area and follow all government and manufacturers’ recommendations regarding your watercraft; and

• Keep your watercraft behind your marina’s oil containment booms.

Stay safe and, if you have any questions, call us anytime at 1-800-776-4737.

Sincerely,

<Rick>

Rick Stern
Progressive Boat Insurance Manager