Watercraft & Boat Insurance Information

Why do you need insurance for your boat or personal watercraft?

You’ll enjoy the water even more when you’re not worried about the safety of yourself, your passengers or your investment. Here are a few things to consider:

  • If you’re in an accident or your watercraft is stolen, it costs money, often a lot of money, to fix or replace it.
  • If you or any passengers are injured in an accident, medical costs can be extremely expensive.
  • If your watercraft is responsible for damage or injury to others, you may be sued for much more than you’re worth.
  • Your watercraft also needs protection when it’s on land. Accidents can happen while towing a watercraft.

Things to consider and questions to ask your agent

Here are a few things to consider as you prepare for the discussion:

  • How much can you afford to pay if your boat or personal watercraft is in an accident, damaged or stolen?
  • Is my boat or watercraft covered for use year-round?
  • What discounts and programs are available?
  • How much medical insurance and liability coverage is enough?
  • Do I have coverage if I need to have my boat towed in an emergency?
  • What’s the process for filing and settling a claim?
  • Does the insurance company have a good reputation for customer service? Is it known for paying claims fairly and promptly?

Home and auto insurance policies may provide limited coverage for personal watercraft. Talk to your insurance representative about coverage limits. You may want to consider purchasing a personal watercraft policy to protect yourself and your water vehicle in the event of an accident.

The personal watercraft policy covers:

  • bodily injury
  • property damage
  • guest passenger liability
  • medical payments
  • theft

Liability limits start at $15,000 and can be increased to $300,000.

Typical policies include deductibles of $250 for property damage, $500 for theft and $1,000 for medical payments.

Additional coverage can also be purchased for trailers and other accessories.

You should talk to your insurance representative about the type of coverage that would best suit your needs.

Michigan Renters Insurance

Renters Insurance offers protection on your personal belongings, your clothes, furniture, electronics, and more – and all this stuff adds up quicker than you might think! If you are ever faced with unexpected damage, or break-in and theft, renters insurance is the policy that offers help to cover the cost of replacing your stuff.

Your landlord’s insurance policy may cover the building but it will not cover your personal belongings. Sohi Insurance Group can help you protect those belongings by providing a Renter’s Insurance policy that can give you coverage from fire, smoke, lightening, vandalism, theft, water damage and more.

Sohi Insurance Group offers renters insurance as low as $15 a month. That’s a low premium for a lot of peace of mind!
Give us a call, email us, or contact us online. We’re happy to answer any questions you may have!

Umbrella Insurance

Umbrella Insurance is a form of liability insurance that is in excess of your home and auto policies. A personal umbrella policy is designed to protect your personal assets from bodily-injury and property-damage lawsuits that exceed the limits of your auto or homeowners liability.

You have worked hard to build a successful life. We want to make sure it’s protected. In today’s world where lawsuits are becoming more prevalent, it only takes one incident and everything you have worked for could be gone.
Sohi Insurance Group is happy to offer you fast, reliable, no-obligation quotes by phone. We’re just real people who care. Let us work for you and earn your business!

Flood Insurance

Be Prepared for the Worst

Most Homeowners insurance policies do not automatically include flood insurance coverage. Depending upon your neighborhood, you may need to purchase a separate flood insurance policy to be protected from flood damage. Flood insurance is a complicated matter but we have experts on hand to explain the National Flood Insurance Program (NFIP) and get you into the correct policy. Get a flood insurance quote from a Sohi Insurance Group expert today!

Recreational Vehicles & Toy Insurance

The great outdoors! Need we say more? Don’t forget about the toys!

We will put the appropriate coverage in place, so the only thing you’ll have to worry about is having FUN!

Coverage available for your:

  • Boat
  • Jet Ski
  • Snowmobile
  • Golf Cart
  • Dirt Bike
  • Scooter
  • Motor Home / Camper / Fifth-wheel Trailer
  • Trailer

Life & Disability Insurance

What is truly important to you? For most of us, it is protecting our family. The financial consequences of an unexpected death or long-term disability can be devastating. Providing disability insurance to cover ongoing daily expenses or life insurance for the obligations of a mortgage, funding a college education or just providing for final expenses, is a choice we make for those we love. We have plans that can meet your family’s needs and the ability to help you understand the benefits a life or disability insurance policy can offer. Let our knowledge and experience help you and those most dear to you.