Social Media Preheader Home Page Payment Claims Community Service Facebook Twitter LinkedIn Blog RSS Postheader Auto Insurance Home Insurance Business Insurance Health Insurance

Five Things Progressive Ins Co Wants You to Know about Named Storm Deductibles for Boat Policies.

With boats on the water and hurricane season upon us, we compiled a list of The Top Five Things You Need to Know about Named Storm Deductibles for Progressive Boat customers:

  1. It only applies to losses that occur in a county that was under an official Tropical Storm or Hurricane Watch or Warning at the time of loss.
  2. While Disappearing Deductibles will not apply to a named storm loss, all Disappearing Deductible benefits will continue to accrue.
  3. The Named Storm deductible is either two times the original Comprehensive deductible, or five percent of the watercraft value — whichever is larger.
  4. Both the Application and Declarations pages show the Named Storm deductible amount.
  5. You can encourage your customers to reduce their risk by having a hurricane plan and following these steps for preparing for major storms.
Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive

View Mobile Version
Fill out the form below or call us at 281. 341.7141

Read More
  Who We Are
Our Insurance Carriers
Meet Our Staff
Customer Testimonials
  Auto Insurance
Life Insurance
Home Insurance
Health Insurance
Business Insurance
Other Insurance
  515 FM 359 RD STE 104 | Richmond, TX 77406
Phone: 281.341.7141 | Fax: 231.239.7588