Agent Portal: Foremost: Boat

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Included, Optional Coverage, Discounts

Boat Guide

Included

Package Features	Saver	Plus	Elite	PWC	PWC Elite	Pontoon	Pontoon Elite
Actual Cash Value Settlement	X			X		X
Agreed Value Settlement		X	X		X		X
Total Loss Replacement Cost		X	X		X		X
Watersports Liability		X	X	X	X		X
Diminishing Deductible		X	X		X		X
Depreciation Waiver		X	X		X		X
Hurricane Haul-Out		X	X		X		X
Tournament Fee Reimbursement			X				X
Boat Lift/Hoist/Cradle			X		X		X
Dinghy			X
Bahamas and Mexico Waters			X
Pet Coverage			X				X
Extended Pollution Liability			X		X		X
Trip Interruption			X		X		X
Enhanced Towing			X				X
Loss Forgiveness			X		X		X
Guaranteed Renewal			X				X

Deductibles	Available Deductibles (may vary by package): $250, $500, $1,000, $2,500, $5,000, as well as 1%, 2%, and 5%.
Personal Liability	$10,000 to $500,000 Includes pollution liability Wreck removal included
Medical Payments	Up to $10,000
UIM Bodily Injury	Up to $500,000

Total Loss Replacement Cost	Covers the total loss at replacement cost.
Watersports Liability	Liability coverage for watersports such as waterskiing, tubing, and wakeboarding.
Diminishing Deductible	We will reduce any applicable deductible by 25% for each consecutive year a watercraft is insured in the Marine Choice program without a paid loss.
Depreciation Waiver	Depreciation will not be applied to any partial loss payments on certain items such as outboard motors, outdrive power units, sails, carpeting, and batteries.
Hurricane Haul-Out	If a Tropical Depression, Tropical Storm, Hurricane or Nor’Easter watch or warning is issued for the location of the watercraft, this coverage will reimburse the costs to have the vessel moved by a professional.
Tournament Fee Reimbursement	Provides reimbursement for out-of-pocket fishing tournament entry fees if the insured is unable to participate in a tournament due to a covered loss.
Boat Lift/Hoist/Cradle	Provides up to $2,000 for covered damage to an insureds boat lift, cradle, or hoist.
Dinghy	Provides up to $10,000 coverage for a covered loss to a dinghy primarily used as the tender to the insured watercraft.
Bahamas and Mexico Waters	Navigation coverage is extended to Bahamian waters and Mexican waters.
Pet Coverage	If Personal Property coverage is purchased, up to $1,000 is provided for injuries or death to a cat or dog occurring as a result of a covered loss while on the watercraft.
Extended Pollution Liability	In addition to the limit of Personal Liability purchased, we will pay up to the statutory limit as specified in the Oil Pollution Act of 1990.
Trip Interruption	Reimbursement for lodging, meals, rental and transportation costs due to a covered loss of the watercraft or disablement of the trailer.
Enhanced Towing	In addition to our standard towing coverage services, we will also pay up to $250 per disablement for the cost of gas and oil.
Loss Forgiveness	If an insured has not incurred a loss over a three year period, the first non-liability loss will not be surcharged.
Guaranteed Renewal	We will offer a renewal on subsequent terms if the risk remains within our underwriting standards.
Other Highlights	Online Services Available.

Optional Coverage

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Towing and Assistance	If the watercraft is disabled while afloat or away from safe harbor or the trailer is disabled, we will pay for: • The cost of emergency labor performed at the site of disablement; or • Towing to the nearest place where needed repairs can be made; or • Delivery of gas, oil or battery; however, unless an Elite Package is purchased we do not pay for the cost of the items.
Trailer Coverage	Deductibles include: $250 and $500
Replacement Cost Personal Property	Covers the personal property in the vessel. $100 deductible applies

Discounts

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Boating Safety Course/License	5% – 20%. This additive discount will apply if any owner/operator has taken approved  boating safety courses or holds approved marine licenses.
Protective Device	2% – 10% This additive discount applies to a watercraft when one or more of the following are part of the watercraft: Automatic Fire Extinguishing Equipment, Central Station Monitoring System, Alarm System (High Water/Fire/Theft), No Strike Lightning System, Theft Recovery System, Dock Assist, NMMA Certification or PWC Brake System.
Multi-Policy	8% – 16% Available when the Named Insured maintains one or more additional personal lines or life policies with Foremost, Farmers Bristol West universal or variable universal policy, have a face amount of $50,000 or greater, be issued to an adult and be in force.
Multi-Unit	10% – 15% This discount applies when two or more watercraft are insured on the same policy.
Affinity and Alliance	5% Operators who are members of an approved affinity group or alliance organization will receive a discount.
Paid in Full	10% This discount will apply to new business when the Named Insured elects to pay the premium in full when the policy is issued.
Loss Free Renewal	10% This discount will apply to a policy after three years of loss-free experience.
Prior Insurance/Transfer	3% This discount will apply if the First Named Insured had watercraft insurance for at least one full year with a company other than Foremost or Farmers. Up to a five-day gap between the effective date of our policy and the prior insurance date will be allowed. Applies to the first term only.
Lay-Up	3% – 5% This discount will apply to watercraft that are laid up and stored out of water for at least three months.
Insured Age	7% This discount will apply when the First Named Insured is 55 or older.

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