Don’t let yourself get caught off guard when out at sea. Marine Insurance Now explains the importance of towing and assistance coverage to ensure help is always at hand.
Breaking down at sea is every boater’s worst nightmare! What do you do?
Swim back to shore?
Send up a distress flare?
You start to wonder who on earth is coming to your rescue. The panic is setting in!
Imagining this scene is stressful enough, so I can only begin to imagine the horror of this situation in its reality. As a boat owner, being prepared for every situation is crucial. I can tell you’re waiting for the happy ending to this story. Or maybe you’re morbid and are picturing a more ‘Jaws-like’ ending to the tale.
I have good news for you…
Thankfully, in this case, you were clever enough to take out emergency towing and assistance coverage before setting sail and are patiently waiting for your knight in shining armor to tow you back to shore.
А guide from Marine Insurance Now addresses the key elements of towing and assistance coverage, including services, limitations, and exclusions. With the US Coast Guard reporting 4,040 recreational boating accidents in 2022 alone, Marine Insurance Now describes this type of coverage as an essential add-on for keeping you safe during unexpected emergencies.
Go to https://marineinsurancenow.com/navigating-through-towing-and-assistance-coverage-in-boat-insurance/ to find out more.
According to the guide, there are several factors to consider when selecting towing and assistance coverage. As this type of coverage is primarily used in emergencies, the experts recommend researching providers for reliability and response speed, as well as any limitations and exclusions that may affect the service provided.
The guide explores the benefits of having towing and assistance coverage when making a distress call. “If your boat becomes disabled while out on the water, this coverage will arrange for a tow to the nearest marina or repair facility," the experts explain. “Being stranded on open water can be stressful and dangerous, but with this service, you can have peace of mind knowing that help will be on its way soon.”
Alongside emergency towing, the guide reveals that fuel delivery, jump-starts, and soft ungrounding are also included in comprehensive towing and assistance coverage plans. No matter the emergency, you can rest assured that someone will be on the other end of the phone to come to your rescue, says the guide.
But don't forget to check the limitations and exclusions outlined in your policy before setting sail! Marine Insurance Now explains that every policy provider will have a set of exclusions listed in their terms and conditions. These often include geographical limits, pre-existing maintenance conditions, negligence or intentional acts, and commercial use exclusions. For example, some policies don’t provide towing and assistance services when the boat has been used for commercial purposes such as fishing.
Most notably, you should check the geographical limits of your towing and assistance policy. As a spokesperson for Marine Insurance Now explains: “Some policies may only provide towing services up to a certain distance or limit the number of times they will assist you in a year. It’s crucial to read through the policy details carefully and understand exactly what is included.”
Towing and assistance coverage could be your saving grace the next time unexpected events occur. Safe sailing starts with Marine Insurance Now. Read their full guide at https://marineinsurancenow.com/
