As temperatures rise, boats begin returning to the water across Lake Michigan and nearby harbors.
For many North Shore families, boating is a summer staple. But marine insurance is very different from auto insurance and many policies are misunderstood.
What Boat Owners Should Review
Agreed Value vs. Actual Cash Value
Depreciation can significantly reduce claim payouts unless your policy is written properly.
Navigation Limits
Does your policy restrict how far you can travel?
Liability Limits
High-net-worth households should consider higher marine liability limits, especially if entertaining guests.
Uninsured Boater Coverage
Not every boat owner carries adequate protection.
Before your first outing, confirm your marine policy reflects how you actually use your boat.