Keeping Boat Insurance Afloat in the Off Season

expensive pleasure boat safely stored under canopy on a hyrdolic lift in a dock

Summer is over, and you’ve taken your boat out of the water. To save a few dollars, you cancel your boat insurance. After all, what could possibly happen to your baby while it’s hibernating? A lot, according to Progressive.

“You’d be shocked at the number of claims filed in colder months,” says Dominic Mediate of Progressive. “Nearly two out of every 10 Progressive boat claims filed in northern states happen between Labor Day and Memorial Day.”

Don’t take a gamble on nothing bad happening.

Common off-season claims:

Fire, theft, vandalism and flooding

Most claims are filed for one of these reasons, which can occur anytime of year. Without coverage, boats damaged by fire, theft, vandalism or flooding aren’t protected.

Injuries that occur on or around your boat

Some boaters don’t realize they could be responsible for injuries that occur on or around their boat — even if the injured person was there illegally. Without liability coverage, you could be responsible for the damages or the injured person’s medical bills.

Keeping your policy all year round might also save you a few bucks.

Progressive’s disappearing deductibles reduce your Comprehensive and Collision deductible 25 percent for every claim-free policy period. Four policy periods in a row without a claim equals a $0 deductible. Canceling your policy could mean paying more or the entire deductible, generally $500 or $1,000.

Check your policy and consult Bob Johnson Insurance, Inc. Click here to contact BJI or call 865-922-3111.

Progressive Boat On-Water Towing

Getting ready for summer on the water?  Don’t get “caught without a paddle.”

Progressive offers unlimited on-water towing, no out-of-pocket expense for PWC (Personal Watercraft) or jetskis. You can get coverage up to $2,500 of towing and labor costs per occurrence and it has no deductible.

Tips to Ensure Your ATV is Properly Covered

Tips to Ensure Your ATV is Properly Insured

The winter has been very mild in the Southeast this year, so you might be breaking out the “outdoor toys” a little early!  Before taking out your all-terrain vehicle (ATV), but sure that it is properly covered.

When it comes to your ATV, it pays to keep your feet on the ground when it comes to insuring it. You may think it’s covered by your home-owners policy, but are you really protected? Your “toy” wasn’t cheap, and lacking the right type of insurance coverage could lead to a sticky financial situation.

“Owners should think of ATVs the same way they think of motorcycles,” said Rick Stern, product manager, The Progressive Group of Insurance Companies. “You’d never consider getting on a motorcycle without the proper insurance, and you shouldn’t ride an ATV without the right coverage either.”

If you’re not sure what to do about your ATV insurance needs, here are a few things to consider.

Your homeowners policy might not be enough.

Most likely, your homeowners policy only covers your ATV if trouble occurs on your property. Anywhere else and you’ll be exposed. Look for an affordable ATV insurance policy that offers coverage no matter where you are. Trail riders should be aware that many states require ATV insurance for vehicles operated on state-owned land.

What about theft?

ATVs are portable and can be easy targets for thieves. You should consider ATV insurance that provides coverage for things such as theft, fire and vandalism just like the kind you can get for a motorcycle. Theft, fire and vandalism are covered by Comprehensive coverage, an optional physical damage coverage.

Consider uninsured and underinsured coverage.

You never know what can happen in the great outdoors. This relatively inexpensive coverage protects you if another rider causes damage to you and he or she lacks adequate coverage.

Keep your rates low.

You can do a number of things to save money on your ATV insurance, including maintaining a clean driving record, staying free of claims or choosing a less “sporty” ATV. In addition, most insurers offer a discount if you insure more than one vehicle on your policy, or have more than one policy with the company. This could mean additional savings on your car, motorcycle, boat or RV insurance.

For more information about ATV insurance or to find an independent agent, call Bob Johnson Insurance, Inc. at 865-922-3111 or click here to contact us.

Motorcycle Insurance 101: The Essentials

motorcycle insurance considerations

A motorcycle is a significant investment. Before you get your motor running and head out on the highway this season, you owe it to yourself to make sure your insurance is up-to-date and you’re properly covered.

“Just as riding a motorcycle is much different than driving a car, riders should know that their motorcycle insurance needs are different, too,” said Rick Stern, motorcycle product manager, The Progressive Group of Insurance Companies.

Here are some tips.

Update your policy.

First, verify that all your coverages are still in force. Be aware that some companies have a winter layaway period during which some coverages are restricted. Check with your insurance company to see if you currently have any type of limited coverage. Next, note any changes such as additional riders or a new garaging address. A quick call to your independent agent or insurance company will ensure coverage that reflects your current needs.

Consider additional liability coverage.

If you have significant assets, it may be to your benefit to carry a higher limit just in case you are involved in an accident that causes injury to some-one else or damage to property.

Look into medical payments coverage.

Medical payments coverage pays your medical bills as well as your passenger’s and is available in limits up to $25,000 in most states.

Make sure custom parts and equipment are covered.

Additional parts such as chrome plating, a custom paint job, saddlebags or special rims usually increase the value of your motorcycle and may not be covered. If you’ve added any custom parts or equipment, you’ll want to check your policy or call your independent agent to make sure they’re covered.

Know your options.

Rates can vary, so shop around to see if another company offers you a better rate or if you qualify for any discounts. If you have comprehensive and collision coverage, consider raising your deductibles. Doing so can help to lower the cost of your policy.

Choose a company that specializes in motorcycle insurance.

For example, Progressive is one of America’s largest motorcycle insurers. Progressive agents and brokers understand the special needs of motorcycle owners and offer specialized coverages that are designed for them and their bikes.

As an independent agency, Bob Johnson Insurance, Inc. can help you decide if Progressive or another company is the best fit for you.  For more information about motorcycle insurance or to find an agent, call Bob Johnson Insurance, Inc. at 865-922-3111 or click here to contact us.

How to Get the Best Rate on Motorcycle Insurance

the view over the handlebars of a speeding motorcycle

How about some other tips! If you want to get the best insurance rate for you, consider some of the major factors that will be considered.

 

Did you know?

Safeco Insurance Company offers motorcycle & ATV insurance.  Safeco offers discounts for belonging to rider clubs, completing a certified safety course, and having additional policies with Safeco.  Also Safeco’s claim service is fast, fair, hassle free, and available 24 hours a day, 7 days a week.

Consider the Company

Name your ride, and we probably cover it!

As an independent insurance agent, Bob Johnson Insurance can offer you options from multiple companies so that you can choose the best coverage with the benefits you want.

For example, Safeco covers some categories many insurers don’t. They also offer special discounts for belonging to rider clubs, completing a certified safety course, or multiple lines of coverae. Just in case something does happen, Safeco offers hassle-free, 24-hour claims service.

Getting the best rates for your motorcycle or atv

Consider Your Ride

Your Bike: Newer, flashier bikes cost more than older, basic motorcycles.

Your Age: Just like auto insurance, rates usually decrase as you become older. Be aware though that being new to motorcycles can sometimes affect your rate category until you are more experienced.

Your Address: Living in high crime or accident areas can sometimes influence your rates.

Your Driving History: All accidents count — even auto accidents. The cleaner your driving record, the cheaper your insurance will be.

Your Job: Where you are driving to and parking your bike may influence your rate. For example, parking daily on a construction site may increase your rates.

Consider Other Factors for saving money on motorcycle insurance rates

Secure Your Bike: By keeping your bike more secure (keep it in the garage, alarm it, etc.) you may find additional discounts. We can help you find them.

Don’t Over insure: Your motorcycle is only worth market value. If something happens to it, that’s what you will receive. Overinsuring will not get you more money. We will help you choose the coverage that is right for you.

Mileage: Keeping your mileage low sometimes helps keep your rates the same way — low.

Special Motorcycle Training: Many insurance companies offer discounts when you take a special DMV or other motorcycle classes. We can help you find those discounts.

Would you like more information or a free quote?

We would love to answer any questions you may have or to provide a quote for you. For questions, please give us a call at 865-922-3111 or click here and fill out our contact form. One of our experienced agents will contact you as quickly as possible.

If you would like a quote, please click here.  One of our experienced agents will view your information and contact you to make sure you receive a quote for the insurance that best fits you and your situation.

Watercraft Insurance

Did you know?

As an independent agency, Bob Johnson Insurance can help you find the right coverage from the right company for your boat or other watercraft.

Insuring a boat is different than insuring a car or home. Boats require specialized coverages. To avoid a sinking feeling about your boat insurance, consider these tips from the experts at The Progressive Group of Insurance Companies:

Better Boating
Tips For Smooth Sailing This Season

Before you take that first pleasure cruise or fishing trip of the season, make sure your boat insurance is shipshape.

Insuring a boat is different than insuring a car or home. Boats require specialized coverages. To avoid a sinking feeling about your boat insurance, consider these tips from the experts at The Progressive Group of Insurance Companies:

Evaluate your specific needs. 
Some insurance companies provide no-frills boat coverage that is simply added to an existing auto or homeowners policy. While this sounds good in theory, the reality is that your boat may be best covered if you seek out a specialized policy just for boats, not an add-on to your car or house policy. A knowledgeable, independent insurance agent will review all options with you. A specialized boat policy can cover things not likely covered by a homeowners policy, like the cost to replace lost or damaged fishing gear and costly services, such as emergency on-water towing and fuel-spill cleanup. 

Consult an agent or broker who provides the most options. 
Unlike “captive” agents who represent only one company, independent agents and brokers represent several. They can offer a variety of coverages, review and evaluate your policies, answer your questions and suggest new coverage options that meet your changing needs. They guide you to the policy that provides you with the best combination of specialized coverage, service and price.

Look for a company that offers specialized boat policies. 
When there’s a claim, you will appreciate a company that provides specialized coverage and specialized claims handling. Ask other boaters what company they recommend or find an independent insurance agent who under-stands boat policies.

Once you choose a policy, make sure you understand what you’re buying. 
Your agent should be able to explain, in layman’s terms, what the different options mean. If you are unclear about something, be sure to ask for an explanation.

For more information about boat insurance coverages, talk to an independent insurance agent, who can provide you with the combination of price, coverage and service that’s right for you.

Would you like to know more?

If you have other questions, we are glad to answer them. Click here to use our contact form.  If you would like a boat insurance quote, please click here.