Boat Dealership Insurance2022-11-28T12:30:58-05:00

Boat
Dealership
Insurance

Boat Dealership Insurance

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Save up to 37% with Fearnow Insurance

Any business that sells new or used boats, rents out boats or other watercraft, accepts trades on boats or provides repairs on boats are all considered to be a boat dealer.  Boat dealers need your everyday insurance such as General Liability, Property Damage Insurance, Workers’ Comp, and Business Interruption Insurance.  They also need more specific types of “marine policies” such as Title Errors and Omissions, False Pretenses, Truth-in-Lending, Inventory Coverage, Engine Hours, and Omissions.

General Liability

For a boat dealer, this type of insurance is written to protect the boat dealership against watercraft liability exposures, pollution coverage, employee benefits liability, and employment-related practices liability.  If you feel that the coverage levels are not enough, dealerships are able to purchase “Bumbershoot Liability”, which is a type of Umbrella insurance coverage for incidents that occur on either land or water.

Marine Garage Liability

This provides more specific liability coverage than General Liability policies. Covers against a loss arising out of bodily injury or property damage that was caused by the insured’s premises, operations, work performed or products.

What Our Customers Say

Lydia Bobek is patient, thoughtful, and helpful! I will be relocating to the area from New York State so called around to a few companies for auto insurance quotes. Lydia not only gave me the least expensive quote, she also surpassed the other agents with her customer service skills. I would like to note that not feeling pressured into a decision that involves money and content that I am unfamiliar with is very important to me. Lydia never made me feel pressured. She was able to keep in touch with me in a professional and polite manner whilst never being pushy. I am very appreciative!
Amanda Szudzik
17:22 05 Jan 23
Joe was courteous and knowledgeable, and worked hard to switch my insurance in a timely fashion. I would definitely recommend Fearnow.
Karen Barnes
19:20 03 Jan 23
Great experience. Joe was very helpful and I look forward to doing other business with Fearnow
Dave Phillips
16:21 22 Dec 22
Excellent service. Joe will walk with you every step of the way to ensure you have the best plan that meets your needs.
Joshua Diih
17:44 13 Dec 22
Joe is the best man I’ve ever met! He is showing absolutely customer-centric approach every time you should to receive a real nice prices and outstanding service as well! Thanks!
Dmitriy Korchagin
23:00 28 Nov 22
The best customer experience! Joe was quick with a new policy and with any answers I needed. Would recommend 100%
Lori Potter
21:55 21 Nov 22
Fearnow Insurance is great to obtain low price and quality insurance coverage. Joseph Boyle was excellent in pricing and offering the best auto and motorcycle insurance for our family.
lil jim haney
13:55 16 Nov 22
I reached out to Joe Boyle and he was an INCREDIBLE help to my wife and I. He was very helpful throughout the whole process and helped us save a bunch of money as well. I would highly recommend him!
Nick Villa
20:32 02 Nov 22
Just got home insurance from them!!! Joe did such an awesome job... he def knows what he's doing! I recommend fearnow insurance if you're having a hard time getting insurance!
Teresa Jimenez
11:56 01 Nov 22
Joseph Boyle is by far the most professional, efficient, excellent personality with customers, highly respectful and straightforward insurance agent. I only checked with one other insurance company and it was a terrible experience. Joseph Boyle took away my fears in a manner of minutes and I was insured in a timely fashion by transferring from Farm Bureau of TN to Florida. I highly recommend Joseph Boyle as an agent and for his professional and kind demeanor. Save time and money and call Fearnow and ask for Joseph Boyle and you will be more than satisfied with outstanding service.
Irene Forsythe
18:30 31 Oct 22

The Fearnow Agency Advantage

  • We work for you, not the insurance carriers, to ensure your claims are processed efficiently and are paid out quickly.
  • Unlike a single-company agency, we have access to over 100 carriers, so we’re never limited in the services we can provide you.
  • We can save you up to 37% in insurance cost, or get better coverage for the same cost.
  • We always provide full disclosure of plan inclusions and exclusions.
  • We offer customized plans tailored specifically to your needs, instead of forcing you into a pre-packaged solution that won’t really work for you.
  • Our agents are continuously training, so they stay the leading experts in their field.

Property Damage Under Boat Dealership Insurance

Property Damage insurance provides protection against damage (e.g. fire, flooding, natural disaster) to buildings or its contents, including employee tools.  It also provides liability coverage for when privately owned boats are in the insured’s care (e.g. for repair) and it covers liability for rented out watercraft.  An extension, Business Interruption insurance, covers the loss of income as a result of the damage.

Inventory Coverage/Open Lot/Dealer’s Blanket

Inventory Coverage expands upon Property Damage insurance by including boats and other watercraft located on the property or at another insured location (such as a storage warehouse) that are owned by or under the care of the boat dealer.

Local & Family Owned

Offices serving the local Tampa, FL and Wilson, NC areas for almost 30 years!

Competitive pricing nationally with world-class customer service!

Title Errors and Omissions

In the event that the insured, the boat dealership, makes an error on the title paperwork that affects the identification of the property, Title E & O insurances provide payment to resolve the issue so that the sale or trade of the boat can be completed.

False Pretenses

Fraud can happen to anyone, including a boat dealership.  False Pretense coverage protects the insured against a loss if they were tricked into completing a trade when the other party did not actually have a proper title or actual ownership to the property they offered in exchange.

Truth-in-Lending Protection

If your boat dealership provides financing for the purchase of inventory, then it is recommended to purchase Truth-in-Lending insurance coverage. The Trut-in-Lending Act is a provision of the Consumer Credit Protection Act and requires lenders to properly disclose certain information to the borrower.  This insurance coverage provides protection for the boat dealership if they fail to comply with the Trut-in-Lending Act through negligence, omission, or error.

Engine Hours Errors and Omissions

This coverage solely protects legal claims regarding a boat’s engine and nothing else.  For example, a claim that is made saying that an error or problem in a boat’s engine caused it to be unable to run as long as it should have been able to.

Protection and Indemnity Coverage

This coverage is for watercraft that are under repair or for sale.  It is designed to provide protection while the watercraft is off-premise, a part of a demonstration of the watercraft’s capabilities while off-premises, and watercraft larger than 26’ in length that are not carrying persons or property for a charge.

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Boat Dealership Insurance Quote from Fearnow Insurance. Marine dealership protection that saves you money. 30 Years of serving Tampa, Brandon, Seffner area

Service Type: Boat Dealership Insurance

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Currency: USD

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