STATE: TEXAS
NEW BUSINESS EFFECTIVE: NOVEMBER 15, 2019
We're excited to announce new Recreational Product coverages and enhancements that you will love.
AUTOMATIC CARD PAYMENTS(ACP) ARE HERE NOW FOR BOAT
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WATERCRAFT: Calming the waters for you.
Increased acceptability for boats:
- Value – $500,000 (up from $350,000) for boats up to 10 years old; $250,000 for boats 11 to 20 years old; $60,000 (up from $40,000) for boats more than 20 years old
Horsepower – Up to 700 HP for single engines/1,400 HP for twin engines on cruisers, motor yachts, and ski/wake boats with inboard engines
Engine Configuration – Triple engines are now acceptable on certain outboard motor boats
Hurricane Haul Out coverage – Reimburses the 50% of the cost incurred to haul out your boat due to tropical storm or hurricane conditions.
AND DON'T FORGET ABOUT THESE INDUSTRY-LEADING BOAT COVERAGES
On Water Towing coverage – Help comes to you if your stranded on the water and need fuel, a jump, or a tow.
Mechanical Breakdown coverage – Provides coverage for the lower units of outboard motors, and the upper and lower units of inboard/outboard motors in the event of a mechanical breakdown, including those caused by wear and tear.
Total Loss Replacement (TLR) – In the event of a total loss, TLR replaces the insured boat with a new boat. Protects against both depreciation and inflation.
Total Loss Coverage – Pays the MSRP of a current model year PWC of the same make/model for a total loss, less the applicable deductible.
Clients who own a boat and insure multiple products with a single carrier are eligible for multi-policy discounts
Thank you for choosing Twin Peaks for all your recreation needs. Call 800-507-8467 for your free quote or request a quote online.