- Boat Insurance
- Included Coverage
- Options
- How to Save
- Get a Quote
Boat insurance for both serious and occasional boaters
- Bass boat
- Ski boat
- Cruiser
- Runabout
- Sport-fisher
- Sailboat
- Pontoon
- Houseboat
- Trawler
- Airboat
- No required lay-up period
- No hidden deductible
- Navigation in U.S. and Canadian waters, and Mexico's Pacific coast (not south of Rio Santo Tomas, Baja), plus optional navigation to the Bahamas.
- Multiple options widen coverage and increase limits
- Flexible payment options
Call 866-884-6167 Monday through Friday, 8 a.m. to 8 p.m.
American Modern insures recreational boats, up to
64 feet and 70 m.p.h. Faster speeds are considered for some boat classes.
Choose between two coverage levels
Full coverage
You and your boat are covered for liability, collision, and comprehensive losses. With full coverage you can add options to your policy.
Liability only
Your boat is insured just for liability requirements of your state. Physical damage coverage is not part of your policy.
Choose from three loss settlement options
Agreed value
For boats up to 10 years old, we settle total loss claims on an agreed value basis, meaning that you as the insured, and we as the carrier, agree on the insured value of your boat at the time the policy begins.
Market value
For boats 10 years and older, settlement is for your boat's market value. This is also called actual cash value or ACV. Depreciation is taken into account when determining the value.
Replacement cost
For boats up to 3 years old, you can upgrade your policy to a replacement cost valuation. If there is a total loss [?]
Loss
When the damage to a vehicle or property is at a level where the cost of repairs exceeds its value, the insurance company will define it as a total loss. , your boat is replaced with the same or comparable model.
Medical payments
The included $1,000 in medical payments
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Medical Payments
Included in casualty policies is coverage for medical expenses caused by an accident-related injury.It is intended to cover basic medical costs without the need to assign responsibility for the accident.The coverage amount is generally a few thousand dollars,and is separate from liability coverage. coverage can be increased to $5,000, $10,000 or $25,000.
No lay-up period
We let you use your boat as much as you want.
No hidden deductible
If you have a claim, what you pay is what is listed on the policy. There are no surprises.
Tournament participation
Our policy includes coverage when you compete in the occasional water-skiing contest, fishing tournament, or sailing regatta. Serious fishermen should look at our Professional Angler endorsement.
Navigation
Other carriers may tell you when and where you can use your boat, even naming specific lakes and waterways. With American Modern, you're covered in the waters of the U.S., Canada, and Mexico's Pacific coast (north of Rio Santo Tomas, Baja), plus optional navigation to the Bahamas.
Call 866-884-6167 Monday through Friday, 8 a.m. to 8 p.m.
Expand your coverage or increase your limits
Our boat package provides excellent coverage, but we know what you do while boating, such as water sports or professional fishing, may change your needs. We offer several options to expand your coverage, or to increase your coverage limits. Your agent will explain all of your options.
Advantage endorsement:
- Uninsured watercraft
- Non-owned watercraft liability
- Personal effects covered to $1,000
- Emergency assistance and towing covered to $350
Advantage plus endorsement:
- Uninsured watercraft
- Non-owned watercraft liability
- Personal effects covered to $5,000
- Emergency assistance and towing covered to $1,500
Call 866-884-6167 Monday through Friday, 8 a.m. to 8 p.m.
We offer you three savings opportunities
Experience
Save 10% if you have three years of ownership.
Diesel fuel
Save 5% if your boat uses diesel.
Claim free renewal
Save 5% on first renewal and 10% each successive year.
Prior insurance
If you move your policy to American Modern we give you a 15% discount for no lapse in coverage, or 10% if you have less than a 30 day lapse.
Flexible payment options
Option 1 -- start EZPay to automate your payments
Many customers want the convenience of monthly automated bill payments. With EZPay, a withdrawal is made from a bank account you specify, or charged to your credit card. We let you pick the date of the month for the payment (1 to 28). Once EZPay begins, we will stop mailing invoices.
Option 2 -- pay after we send you a bill
You either can pay in full at the time you start or renew the policy, or in many states we offer installments on a 2-Pay schedule – half up-front and the balance due in 60 days – or on a 4-Pay schedule – a quarter up-front with an installment due every 60 days. A service fee applies to each installment. Pay by personal check, credit card, or bank account transfer.
Some states place limits on the payment plan schedules we can offer or the service fee. To confirm, check with your agent or call Customer Care at 800-543-2644.
Call 866-884-6167 Monday through Friday, 8 a.m. to 8 p.m.
Talk to an agent
If you want a quote now, or have questions about our boat program, call us at 866-884-6167.
Our hours are 8 a.m. to 8 p.m. Monday through Friday.
Ask us to contact you
After hours, fill out this short form with information about your boat. One of our agents will follow up with you to talk about the policy cost, the coverage, and your options.
However you first reach us, your business will be assigned to an authorized agent for service and support. We appreciate your interest in American Modern and our specialty insurance programs.
Call 866-884-6167 Monday through Friday, 8 a.m. to 8 p.m.
