7040 N Oracle Road
Tucson, Arizona 85704
Although Oakley Insurance Group is located in Arizona, many Arizona residents and the residents of other states we service own boats and personal watercraft. Yes, there is water in Arizona.
Before we specify coverages for watercraft lets define the two coverages we’ll be addressing.
Personal Property: Personal property refers to the physical, tangible machines themselves.
Liability: Liability refers to financial liability you are legally responsible for paying, toward property damage and bodily injury to someone else. Liability does not cover you, your property, your guests, your guests’ property, or family members and their property.
In a homeowner’s policy under Coverage C – Personal property, only rowboats and canoes are covered. There is inclusion for some watercraft liability in a homeowners’ policy. Remember, liability does not pay for your property or your bodily injury.
Homeowners' Liability Covers:
While watercraft may sound like the ability to make something out of water, it is a general term for what we call boats, yachts, and other things that float. However, for insurance and legal purposes these things that float had to be categorized. For insurance there are three categories:
These three categories require different insurance coverages. While these standards are the basis for each watercraft policy, each company policy will vary.
Boatowners’ and watercraft polices were created by individual insurance companies to combine property, liability, and medical payment insurance. These policies are used to insure boats under a specific length, usually 26 feet, and under a maximum value such as $25,000.
Personal yacht polices are ocean marine forms that provide property and liability coverage in a single package. Inboard-motor boats, sailboats with inboard auxiliary power, and large pleasure boats are insured under a personal yacht policy. Owners of larger more expensive vessels would likely purchase a complete yacht policy which includes:
"We worked with both Shawn and Tina. Both provided excellent service and were very thorough in explaining the coverages and costs. Insurance can be very tricky if you don't know what your doing. Having Shawn as a knowledgeable resource made the process much easier and we felt confident with our decision. Highly recommend the office for any of your insurance needs."
- Chris Towner
"Outstanding service, value, products. I do business with Oakley regularly and recommend borrowers there. They consistently do a great job!"
- Jerry Valenzuela
"Shawn, Cathy and the team at Oakley Insurance Group are a delight to work with. During a stressful experience of a car accident it was nice to know they had my back and best interest at heart.
Their team is also very personable, you will be treated with compassion, respect and kindness. Above all, you will receive excellent customer service, something that's sadly not as important as it used to be.
Thanks again Shawn and Team at Oakley Insurance Group! You're valued and appreciated!"
- T Hughes
"The staff in the office are great quick to respond and very helpful. Shawn is one in a million, she is the best broker I've ever known, they will always find the best rates for my insurance needs."
- Carol Henderson
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- Jordan Hellebuyck