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ALEXANDRIA, Va. — The Boat Owners Association of The United States (BoatUS) will offer a new add-on package of boat insurance policy enhancements for small to mid-sized boats with features such as personal effects coverage, a low electronics deductible and a depreciation waiver.
“Our new Premiere Value Package has many of the features traditionally found on policies for the bigger-sized boats or yachts, yet we priced it very affordably," said BoatUS Vice President of Underwriting Mike Pellerin.
The new package includes a depreciation waiver for boats less 10 years old, ice and freeze damage coverage, and a $100 deductable for electronics theft. Medical payments coverage is also increased to a $10,000 limit (from $1,000 in most policies) and $2,500 in personal effects coverage for things like cameras, computers or smart phones.
The BoatUS Premiere Value Package costs $50, and can be added BoatUS' angler policies.
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