We pro-rate any balance due or refund due from a change. We can recommend boat repair services. We can bind coverage the same day for certain situations. The equipment is covered for physical damage in a race, during practice, when being transported, and while in storage. Your equipment is insured anywhere in the continental United States and Canada.
Special arrangements are available for overseas situations.
The annual renewal date of the policy is February 7, and boats can be added at any time. We pro-rate the premium against that date. We have a fairly flexible valuation policy. Most boats are valued at replacement cost less depreciation. We can also insure at the replacement value for newer equipment.