SERVICE

The team members at Worldwide Marine Underwriters are experienced marine underwriters as well as avid boaters. We are committed to prompt, personal and professional service.

PRICE

Discover the most comprehensive marine insurance available. Worldwide Marine Underwriters have exclusive programs that fit your needs with the best rates anywhere.

COVERAGE

• Stated Value Policies
• Agreed Value Policies
• Protection and Indemnity Liability
• Medical Payments Coverage for your guests
• Personal Effects Coverage (contents)
• Deductible Options, Towing Coverage, Uninsured Boater Protection

DISCOUNTS

You may qualify for special savings based on experience, equipment and courses. Talk to your Worldwide Marine Underwriter today for more information and to see if you qualify.

STATED VALUE POLICIES

The boat owner will be paid the insured value of the boat in the event of a total covered loss. The insurance company will not depreciate the value at the time of the loss. In the event of a total loss with this coverage, the boat owner will receive the insured value of the boat or the actual cash value (depreciated value), whichever is less. For example, if you have your boat insured for $75,000 and have a total loss, the depreciated value of your boat may only be $65,000 and the insurance company will pay the lesser amount. Replacement cost coverage on partial losses is included except for sails, canvas, batteries, outboard engines and machinery. Stated Value is only available on some, but not all, of our policies.

AGREED VALUE POLICIES
Some of our policies are Agreed Value Policies. This means you and your insurance company agree at the very beginning of the policy period what your boat is worth. In the event of a total loss due to fire, theft, sinking, etc., they will pay that agreed amount without a subtraction for depreciation and without the deductible being applied on a total loss.

PROTECTION and INDEMNITY LIABILITY

1. Bodily Injury
2. Property Damage
3. Jones Act
4. Death on the High Seas Act
5. Wreck Removal (sinking)
6. U.S. Longshoreman's and Harborworkers
7. Maintenance & Cure
8. Negligence for unseaworthy vessel
9. Damages in "Rem" (the vessel)
10. Defense in Admiralty Jurisdiction

WATERCRAFT LIABILITY

1. Bodily Injury
2. Property Damage

MEDICAL PAYMENT COVERAGE

Coverage payment for the insured and guests who are injured while on board the boat, boarding, or departing from the boat.

PERSONAL EFFECTS COVERAGE

This includes coverage for clothing, personal effects, fishing gear and sports equipment owned by you, your family or guests on board your boat. Money, jewelry, traveler's checks and other valuable papers or documents are not included for this coverage.

TOWING COVERAGE

This coverage applies to any service charge the insured may incur by receiving marine assistance. This may include coverage for a service charge for towing due to engine failure, mechanical breakdown, grounding and delivery of fuel.

UNINSURED BOATER COVERAGE

Coverage that is a secondary medical payment coverage for the insured only. If you are injured by an uninsured boater or a hit and run vessel, Uninsured Boater Coverage will pay the insured for any medical expenses above and beyond the Medical Payment Coverage limit. Many watercraft liability policies do not include Uninsured Boater coverage.