The value of quality boat insurance often doesn't become apparent until you really need it. Whether it's a minor dent or a more substantial accident, it pays to have insurance coverage you can count on.
Let our experienced Illinois Indiana Ohio Michigan Texas Louisiana and Mississippi boat specialist explain the different Liability Limits, Comprehensive, Personal Injury Protection, Collision, Medical coverages, and deductibles that are available for you to choose from. We offer affordable Illinois boat insurance policies from leading insurance carriers.
Learn more about Illinois Indiana Ohio Michigan Texas Louisiana and Mississippi Boat Insurance coverage options below!
- Collision Coverage
- Comprehensive Coverage
- Liability Coverage (Bodily Injury / Property Damage)
- Medical Payments
- Uninsured Boated Coverage
Collision Coverage
Covers damage caused to the owners boat from a collision caused by another boat, vehicle, or other object. The deductible is the amount you choose to pay upfront (if any) before the boat insurance policy pays. The higher the deductible chosen the lower the collision coverage cost of the policy.
Comprehensive Coverage
Covers damage caused to the insured's boat (your boat) from risks such as theft, fire, falling objects, earthquake, flood, missiles, explosion, riot and civil unrest. The deductible is the amount you choose to pay upfront (if any) before the boat insurance policy pays. The higher the deductible chosen the lower the comprehensive coverage cost of the policy.
Liability Coverage (Bodily Injury / Property Damage)
Bodily Injury Liability
Injuries that you (insured) cause to someone else is covered under this part of a boat insurance policy. The minimum liability insurance coverage available for purchase in Illinois is 20/40 and is explained in detail below. However, we recommend that you choose liability insurance coverage amounts that are much higher than the minimums listed below. Contact us toll free at 877-808-2900 to discuss what liability coverage amounts you require to meet your needs.
Illinois Liability Coverage limits explanation:
20/40/15
20=$20,000 - 40=$40,000 - 15=$15,000
First number = bodily injury liability maximum for one person injured in an accident.
Second number = bodily injury liability maximum for all injuries in one accident.
Third number = property damage liability maximum for one accident.
Illinois Indiana Ohio Michigan Texas Louisiana and Mississippi Property Damage Liability
Damage caused by the insured (you) to someone else's property, such as another boat or dock, is covered through property damage boat insurance coverage. This coverage also assists in protecting you if a lawsuit arises from an accident. The minimum required coverage amount in $15,000.
No Fault Coverage (PIP) - boat insurance policy
Illinois does not require (PIP) or personal injury protection coverage. This coverage pays medical bills for injuries suffered in a boat accident regardless of who caused the accident.
Benefits Provided:
80% of medical benefits for all reasonable expenses for necessary medical, surgical, x-ray, dental and rehabilitative services, including prosthetic devices, wheelchairs, crutches, slings, neck braces and splints (including necessary travel related to medical care.)
80% of necessary remedial treatment (nursing home care or home nursing care).
60% of disability benefits for any loss of gross income and loss of earning capacity from inability to work because of an injury suffered in an accident.
Uninsured Boater Coverage - Illinois Indiana Ohio Michigan Texas Louisiana and Mississippi boat insurance
Covers the insured (you) for your bodily injury caused by a hit-and-run driver or an at-fault driver who has no liability insurance. This is a required coverage for boat coverage. Contact us to discuss what uninsured coverage amounts you require to meet your family or personal needs.
Example of Uninsured limits:
100/300 100=$100,000 - 300=$300,000
First number = uninsured boater maximum for one person injured in an accident.
Second number = uninsured boater maximum for all injuries in one accident.
Or you can speak with our Illinois Indiana Ohio Michigan Texas Louisiana and Mississippi boat insurance policy agent specialist toll free at 877-808-2900 to discuss the features.
