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

Fearnow has always been quick to get me insurance on the same day I call, they handled my business and home insurance in the past and now my car insurance. They have always been able to save me money and make handling my policies easy. Couldn’t recommend a better company for all of your insurance combined.
jake Maxwell
17:04 01 Dec 23
Joe saved me 24.5% on my monthly bill. Highly recommend.
Ryan Gaul
23:12 29 Nov 23
I've used Fearnow in the past and I'm back again. Joe Boyle cares so much for his clients. He looks out for your best interest. He'll find you the best coverage and price. He very honest and trustworthy. He has years of experience. I'm glad I came back to Fearnow Insurance. I switched my Auto and Homeowners insurance because the price and coverage was so much better than what I had before. Call and ask for Joe if your checking around for quotes he'll get you the best price.
Debbie West
18:44 21 Nov 23
updated all my insurances today. Jennifer Rubio saved me some money, she is sweet and kind and very professional.
Patricia Cates
17:40 14 Nov 23
Joe was kind enough to navigate through the current Florida homeowner’s insurance minefield. I can’t not recommend Joe and Fearnow Insurance enough to anyone looking for an insurance policy.
Jason Taitt
21:20 08 Nov 23
I would highly recommend Joe. He was very thorough and worked very diligently to save me a significant amount on my car insurance.
Rick Rampersad
18:55 03 Nov 23
Brian and his team did what three other agencies could not do. They were able to get our ministry back up and running again with a general liability policy! Thank you!
Daily_ Inferno
00:05 01 Nov 23
Joe is always so quick to get back to me, knowledgeable, on point and lays out all my options clearly. It’s always a pleasure to work with him. Thank you for all your help throughout the years. I really appreciate it!
Madai Brewster
12:21 31 Oct 23
Awesome! Prompt, friendly, articulate, couldn't have asked for better service. And saved me $700 a year for the exact same coverage. Thank you Joe!
Lauren Renaldo
19:54 30 Oct 23
Service by Joe Boyle at Fearnow Insurance is right at the perfect threshold!
CrossPointe Family
16:13 30 Oct 23

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.

Boat Dealership Insurance | Fast & Easy Quote | Trusted for 30 Years

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

Price: $$

Currency: USD