BajaNomad
Not logged in [Login - Register]

Go To Bottom
Printable Version  
Author: Subject: Some changes to Progressive Boat Insurance
Santiago
Ultra Nomad
*****




Posts: 3507
Registered: 8-27-2003
Member Is Offline


[*] posted on 7-2-2009 at 08:20 AM
Some changes to Progressive Boat Insurance


The following is the wording now used in Progressive's Boat insurance regarding Mexico:
INSURING AGREEMENT - MEXICO COVERAGE
In addition to the territory specified in the "General Provisions" section of this policy, if you pay the premium for Comprehensive Coverage, coverage under this Part IV shall apply to any loss that occurs within any state, territory, or possession of Mexico, including ocean waters within seventy-five (75) nautical miles of its coast.

Bold items are from the policy contract.

This verbiage is a little clearer than the old policy and changes the ocean limits from 50 miles to 75 nautical miles.

For those of you who may have missed the thread some years back, Progressive coverage in Mexico allows you to list your boat/trailer on your Mexican vehicle policy but at ZERO value, lowering your cost to the tow vehicle only. This (according to Lewis and Lewis) means that the liability portion of your vehicle insurance will be in place should the boat/trailer cause an accident (comes unhooked, etc) but there is no comp on your boat/trailer. However, this is covered through the Progressive policy. In other words, if the boat becomes separated from your truck and causes damage to something/somebody, you are covered under the liability section of you tow vehicle policy, but only if you list the boat/trailer on that policy. Repairs to the boat/trailer are made from the Progressive policy.
To my knowledge, only Progressive has this coverage under their California policy for tow-able boats.

FYI: I have a Stated Value policy of $30,000 (under total loss, they pay the stated value): premium is $171/year for an 18' CC Fishrite/115hp merc w/ 10hp kicker.
View user's profile

  Go To Top

 






All Content Copyright 1997- Q87 International; All Rights Reserved.
Powered by XMB; XMB Forum Software © 2001-2014 The XMB Group






"If it were lush and rich, one could understand the pull, but it is fierce and hostile and sullen. The stone mountains pile up to the sky and there is little fresh water. But we know we must go back if we live, and we don't know why." - Steinbeck, Log from the Sea of Cortez

 

"People don't care how much you know, until they know how much you care." - Theodore Roosevelt

 

"You can easily judge the character of others by how they treat those who they think can do nothing for them or to them." - Malcolm Forbes

 

"Let others lead small lives, but not you. Let others argue over small things, but not you. Let others cry over small hurts, but not you. Let others leave their future in someone else's hands, but not you." - Jim Rohn

 

"The best way to get the right answer on the internet is not to ask a question; it's to post the wrong answer." - Cunningham's Law







Thank you to Baja Bound Mexico Insurance Services for your long-term support of the BajaNomad.com Forums site.







Emergency Baja Contacts Include:

Desert Hawks; El Rosario-based ambulance transport; Emergency #: (616) 103-0262