The Brignac Group is a full-service, independent Baton Rouge insurance agency.
At The Brignac Group, we teamed up with a number of insurance carriers that have been insuring watercraft boat insurance Baton Rouge for more than 25 years. Whether you own a fishing boat, runabout, personal watercraft and even boats up to 50 feet or more in length, we can help.
It is important to remember that all boat insurance companies may have different policy terms and conditions. You may find them to be similar; it is the slight variation that can make the difference between good coverage or excellent coverage. Here’s more about what watercraft boat insurance Baton Rouge covers below:
Coverage provides protection if you are legally responsible for damages to property or injury to someone other than yourself or a family member. Liability provides protection if you are sued as a result of hitting another boat, or if someone is hurt onboard your vessel because of your negligence.
Coverage provides protection for reasonable medical, ambulance and hospital costs should someone be injured while in, upon, boarding or leaving your boat.
Policy provides coverage for injuries caused by an accident that you are entitled to recover from the owner or operator of another boat and the other party is uninsured. Or even a “hit-and-run” boat.
Policy provides coverage to repair your boat if it’s damaged or destroyed by a covered peril such as collision, fire, theft, windstorm, lightning or vandalism. This coverage is broad and provides coverage for the boat, including its machinery and auxiliary equipment, outboard motors, boat trailer and personal property.
Coverage enables you to be reimbursed for the reasonable costs incurred when you break down at sea and need a commercial tow to port.
The policy can provide physical damage coverage on an Actual Cash Value (ACV) or an Agreed Amount Value basis. Both offer important coverages for your boat, but there are significant differences. Actual Cash Value policies pay for Replacement Cost less depreciation at the time of the loss. In the event of a total loss, used boat pricing guides and other resources are used to determine the approximate market value of your vessel. A partial loss is settled by taking the total cost of the repair less a percentage for depreciation. With Agreed Amount Value policies, you and the insurance company have agreed on the value of your vessel, and in the event of a total loss, you are paid that amount. Agreed Amount Value policies also replace old items for new in the case of a partial loss without any deduction for depreciation. This “without any deduction for depreciation” is per each company’s policy terms and conditions. Most do have some items that are subject to depreciation, such as sails, protective covers, batteries, dinghies, trailers and aged outboard motors, and outdrives.
Our carriers understand the importance of claims and customer service while you are out on the water. You can access your policy information 24/7 via the carrier website or by calling the company claims hotline 24/7.