Both avid and occasional boaters who understand that a boat is an investment look for coverage that does more than just provide liability. American Modern’s program ticks all the boxes and then some. These flexible boat policies include multiple discounts and several coverage options, which provides more comprehensive protection than a homeowner’s endorsement would. Make sure your customers have the coverage they need to keep their dream afloat. At least 13 potential discounts available!
Agreed value settlement eliminates depreciation
Before the policy activates, you as the agent, the owner, and our underwriters agree on the boat’s value and insure it for that amount. In the event of a total loss, that agreed upon value is the payout amount. The deductible applies, but there is no depreciation and no one is surprised.
Most boat classifications are accepted
The boat product accepts vessels up to 26 feet in length and up to $1M in value. Larger craft may be eligible for the yacht program.
Downloads / Links
- Boat - Product Overview / Sell Sheet
- Boat - Old / New Product Comparison (modernLINK vs. AMsuite)
- Yacht - Product Overview / Sell Sheet
- AMsuite Training Resources
- Complete Program Manuals can be found under the Forms tab in AMsuite.
Available in the Following States
- Arizona
- Idaho
- Iowa
- Minnesota
- Montana
- Nebraska
- North Dakota
- Oregon
- South Dakota
- Washington
- Wisconsin
- Wyoming
