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NEW YORK, January 24, 2020 — Reporters covering this weekend’s Progressive Insurance New York Boat Show and seeking insights on how to insure recreational watercraft can contact the Insurance Information Institute (Triple-I).
Boat insurance policies provide coverage to repair a policyholder’s boat if the vessel is damaged or destroyed due to a collision, striking a submerged object, fire, theft, vandalism, windstorm, or lightning.
Other boat insurance coverages include:
Boat insurers price their policies based largely on the boat owner’s experience and background, and the boat’s make, model, age, market value and cruising area.
The Progressive Insurance New York Boat Show concludes on Sunday, Jan. 26, at the Jacob K. Javits Convention Center, 655 West 34th Street, New York, NY 10001.
Article: Boat Insurance
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Insurance Information Institute, 110 William Street, New York, NY 10038; (212) 346-5500; www.iii.org