GEICO Marine Insurance is the choice when it comes to superior coverage for insuring your Pleasure Boats. Our underwriting experts have developed policies with essential coverages for every boater. Agreed value coverage, diminishing deductibles, choice of medical and liability limits, 24-hour assistance and claims service provided by boating experts make GEICO Marine the right choice when it comes to protecting your investment and making the most of your time on the water.
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GEICO Marine Insurance was originally established in 1989 in Annapolis, Maryland as Seaworthy Insurance Company.
In 2007, the company was acquired by Berkshire Hathaway, providing more capital, strength and security for the company and its policy holders.
In 2015, GEICO became the parent company of Seaworthy Insurance Company and changed the name to GEICO Marine Insurance Company.
GEICO Marine Insurance Company remains a Berkshire Hathaway Company and now enjoys the support and name recognition that comes from GEICO.
In 2007, the company was acquired by Berkshire Hathaway, providing more capital, strength and security for the company and its policy holders.
In 2015, GEICO became the parent company of Seaworthy Insurance Company and changed the name to GEICO Marine Insurance Company.
GEICO Marine Insurance Company remains a Berkshire Hathaway Company and now enjoys the support and name recognition that comes from GEICO.
GEICO Marine Insurance features two policies covering boats, and yachts up to $2.5 million in hull value.
Our Boat Policy offers low-cost Actual Cash Value coverage, and Agreed Hull Value coverage is available for Yachts.
A Liability Only option is also available for boats having no lien holder.
All GEICO Marine policies come with Salvage Assistance and Wreck Removal and additional Fuel Spill Liability for damage and assessments resulting from the unintentional discharge of oil or fuel.
Our Boat policies feature 24/7 emergency towing service, for breakdowns on the water or the road, either included in the policy or by option.
Our Boat Policy offers low-cost Actual Cash Value coverage, and Agreed Hull Value coverage is available for Yachts.
A Liability Only option is also available for boats having no lien holder.
All GEICO Marine policies come with Salvage Assistance and Wreck Removal and additional Fuel Spill Liability for damage and assessments resulting from the unintentional discharge of oil or fuel.
Our Boat policies feature 24/7 emergency towing service, for breakdowns on the water or the road, either included in the policy or by option.
For prospects looking for lowest cost and willing to accept less coverage, the Liability Only option on our Boat Policy provides essential coverages for owners without the need for hull coverage.
Available for vessels with no lien holder, this policy covers liability for third-party property damage or bodily injury, Medical Payments, Fuel Spill Liability and Uninsured Boaters.
While your client pays the costs to repair or replace their boat, these coverages protect their assets and guests.
This policy also covers Salvage and Wreck Removal and offers the services of an experienced claims team of boating experts 24/7.
Available for vessels with no lien holder, this policy covers liability for third-party property damage or bodily injury, Medical Payments, Fuel Spill Liability and Uninsured Boaters.
While your client pays the costs to repair or replace their boat, these coverages protect their assets and guests.
This policy also covers Salvage and Wreck Removal and offers the services of an experienced claims team of boating experts 24/7.
The Actual Cash value coverage on the Boat Policy is a great low-cost option for recreational boats valued up to $100,000 and 30 feet and under.
The Actual Cash Value Boat policy pays the fair market value for the insured boat and equipment in the event of a loss.
It's the perfect policy for smaller less expensive boats.
The premiums are low for the policy holder who is willing to share more of the expense to repair or replace their boat.
Our Boat Policy features a Broad Cruising Area, Choice of Deductibles, Medical, Liability, plus Uninsured Boater Protection and $997,100 in Fuel Spill Liability.
The Actual Cash Value Boat policy pays the fair market value for the insured boat and equipment in the event of a loss.
It's the perfect policy for smaller less expensive boats.
The premiums are low for the policy holder who is willing to share more of the expense to repair or replace their boat.
Our Boat Policy features a Broad Cruising Area, Choice of Deductibles, Medical, Liability, plus Uninsured Boater Protection and $997,100 in Fuel Spill Liability.
For total protection, recommend GEICO Marine's Boat Policy, providing clients Agreed Value coverage for boats and yachts valued up to $2,500,000.
This is an excellent option for all boat types when your client wants full protection with little out-of-pocket expense in the event of a claim.
In addition to the Hull coverage, your customers enjoy year round protection (no lay up period), a Broad Cruising Area with extension options and a Choice of Deductibles.
To protect your customers beyond the cost of boat repair, the policy features a Choice of Liability Limits plus an additional $854,400 in Fuel Spill Liability, Towing Assistance, Salvage Assistance and Wreck Removal, Medical Coverage and Uninsured Boater Protection.
This is an excellent option for all boat types when your client wants full protection with little out-of-pocket expense in the event of a claim.
In addition to the Hull coverage, your customers enjoy year round protection (no lay up period), a Broad Cruising Area with extension options and a Choice of Deductibles.
To protect your customers beyond the cost of boat repair, the policy features a Choice of Liability Limits plus an additional $854,400 in Fuel Spill Liability, Towing Assistance, Salvage Assistance and Wreck Removal, Medical Coverage and Uninsured Boater Protection.
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