Forward Bank

Features

Forward Insurance offers coverage for sailboats, powerboats, houseboats, inboard or outboard motorboats and personal watercraft (Jet Skis^®, WaveRunners^®, SeaDoo^®).

A boat policy covers:

• Liability for bodily injury or damage to the property of others
• Physical damage caused by a collision with a submerged object or another vessel
• Damage to personal property on the boat
• Gas delivery, towing, and assistance if your boat gets stranded—on the water or road.
• Watersports liability protection—if you pull skiers or tubes
• Coverage for your trailer
• Un & underinsured boaters coverage

Market value settlement – In the event of a total loss or theft, we pay the market value (actual cash value), which includes a deduction for depreciation. For a partial loss, we pay the repair cost, minus depreciation for damaged parts. The policy deductible applies

Medical payments -- protects riders for injuries that they may sustain without placing fault policy covers:

Money Saving Discounts:

• Loss free renewal – 5% on first renewal, 10% on successive years
• Experience – rate adjusted to reflect your boating experience
• Insuring multiple units – if insuring two or more

Additional coverage (optional):

• Uninsured watercraft and non-owned watercraft liability
• Personal effects coverage
• Emergency assistance and towing coverage
• Trailer or boat lift – Add physical damage coverage for a trailer designed to transport your insured boat or the lift to take it out of the water.
• Watersport liability – Add protection beyond general liability.