Protect your lifestyle and sail with confidence, you've earned it.
Whether you classify them as well-earned toys or sizable investments in leisure and lifestyle, McMahon Insurance has a marine insurance solution to fit your needs, be it for a personal watercraft, fishing boat, sail boat or yacht. Be sure and insure with specialized marine policies.
Rely on us for policies for boats:
Among insurers, boats are considered watercraft 26 feet or less in length. In addition to providing your standard physical damage and liability coverage, our carriers also offer coverage for:
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- Emergency Towing & Assistance
- Personal Property & Fishing Equipment
- Lightning
- Fire
- Hurricane damage (In 2012, more than 25,000 recreational boats in New Jersey were damaged or lost in Hurricane Sandy. Total damages were estimated at $242 million.)
- Pollution
- Vandalism
- Theft
- Equipment failure and towing
- Total Loss Replacement or Agreed Value
- Trailers
Count on us to cover your yachts:
Sport-fishers, sailboats, cruisers and other craft over 26-feet in length are classified as yachts by insurers and require a more detailed, broader form of coverage than other boats. Much like our boat program, McMahon Insurance offers offer a variety of coverage options for yachts.
Look to us to insure your personal watercraft
Personal watercraft (PWC) including popular brands such as Jet Skis, Sea-Doos and WaveRunners are often overlooked as needing insurance coverage. This is a common and potentially costly mistake. The following coverages are offered by McMahon Insurance:
- Full Coverage or Liability Only
- Medical Payments
- Physical Damage
Supplement your choice with optional coverages:
- Emergency Assistance & Towing
- Non-owned Watercraft
- Personal Effects
- Uninsured Watercraft
- Watersports Liability
Take advantage of available discounts:
- Claims-free at time of renewal
- Multiple PWC on the same policy
- Watercraft ownership experience
Your homeowners insurance isn't enough
Don’t be complacent with the boat coverage your homeowners insurance might provide. Homeowners policies offer limited protection for boats – usually only enough to cover light damage to a canoe or small sailboat, with no liability coverage. The standard for boat coverage is any inboard or I/O over 50 HP, outboard motor over 25 HP or sailboats over 26 feet, these generally won’t get covered by your homeowners policy.
There are many factors that insurance companies consider when setting rates, including:
- Years of boating experience and training
- Age
- Driving record
- Credit score
- Choice of coverage
- Navigation limits
- Prior claims
- Speed of vessel