Amended Date of New & Revised Material Updates. How To Reach Us

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1 Oregon Washington Watercraft Product Guide What s New Amended Date of New & Revised Material Updates How To Reach Us Phone / FAX / Home Office Agency Services Claims Customer Service (Billing) Underwriting Policy Services District Marketing Managers Ordering Supplies & Marketing Materials Payment Address Web Site Boatowners Policy Features Watercraft Eligibility Target Market Ineligible Boats Operator Eligibility General Rules Policy Rating Coverage Options Discounts Surcharges Forms and Endorsements Enumclaw Property and Casualty Insurance Company 10/12R2

2 What s New What s New Amended Date of New & Revised Material June 10, 2015 Updates Cover Page 13 Removed reference to Utah Removed Utah form reference Enumclaw Property and Casualty Insurance Company 2

3 How to Reach Us How to Reach Us General Contacts Home Office... (800) Agency Services (Help Desk)... Ext Claims... Ext To file a Claim --- Claim Response Center Or online at MutualofEnumclaw.com Customer Service... Ext Billing Questions... Ext or direct (800) To make Payments....Ext or direct (888) Payment Address...PO Box 34983, Seattle, WA [email protected] Marketing Materials... Ext [email protected] Personal Lines Underwriting FAX Number... (866) Policy Services FAX Number... (866) Supplies... Ext [email protected] Website MutualofEnumclaw.com Enumclaw Property and Casualty Insurance Company 3

4 Boatowners Policy Boatowners Policy Enumclaw Property and Casualty offers affordable, year-round protection for preferred operators and their family-type boats, motors and trailers under our Boatowners Policy. The competitive features and pricing of the Boatowners Policy make it an excellent product for safe boaters. Policy Features The Boatowners Policy offers Physical Coverage, Liability and Medical Payments coverage. The following are a few Standard Features*. Physical Coverage includes: 1. Replacement cost coverage on partial losses. 2. $100 coverage for towing and labor. 3. $500 coverage for personal effects. 4. Replacement boats and motors up to 31 feet and $100,000 covered automatically up to 60 days. 5. $500 for collision liability if the policy doesn t include liability coverage. 6. Agreed value available (see Coverage Options for details). Liability Coverage includes: 1. Payment for liability arising out of the use of an owned or non-owned boat. 2. Defense costs. 3. Reimbursement for bail bonds required of the insured due to an occurrence we cover and per diem reimbursement for trial attendance. Medical Coverage includes: 1. First party medical payments. 2. Payment of reasonable medical expenses and funeral costs up to 3 years after the date of the accident. 3. Coverage for water skiers. Popular Features Enumclaw Property and Casualty also offers attractive features that are popular with dollar-conscious consumers: 1. Annual policies with a 12 month rate guarantee. 2. Budget billing to spread out payments in easy installments. 3. Competitive pricing. The policyholder has peace-of-mind protection 24 hours a day, every day, all year great for taking advantage of an unexpected sunny fall afternoon or a warm Saturday in the spring! These are general descriptions only. Consult the policy for the relevant coverage grants, conditions, limits and exclusions. Enumclaw Property and Casualty Insurance Company 4

5 Watercraft Eligibility Watercraft Eligibility Target Market The Boatowners product is designed to provide a market for the typical family watercraft. The best prospects for Enumclaw Property and Casualty s Boatowners Policy are mature, experienced boaters with good operating records in their boats and automobiles, and well-maintained, family-type boats used only for personal recreation. Supporting business is not generally required. Accounts eligible to be bound display the following positive factors: 1. Boats 15 years and newer. 2. Boats not exceeding $100,000 or 31 feet in length. 3. Boats that are not included on the ineligible boats list. 4. Boats containing all Coast Guard required and approved safety equipment. 5. Boats that are owned by an individual, not a business. 6. The applicant is age 23 or older with a history of loss-free boat operating experience. 7. The boat is a family-type vessel powered in accordance with the manufacturer s recommendations, with a top speed not exceeding 55 mph. 8. The boat and equipment are kept in a supervised, secure location. 9. Operation of the boat will occur in safe boating areas such as navigable lakes and inland waters that are free of unusual hazards. Ineligible Boats 1. Boats powered by motors with horsepower in excess of the manufacturer s recommendation. 2. Kit boats or converted boats (scows, crash boats, lifeboats, etc.). 3. Boats with heating or cooking facilities fueled by gasoline or white gas. 4. Amphibious craft, air-propelled boats or submersibles. 5. Inflatable boats or boats with inflatable pontoons. 6. Boats under construction. 7. Boats with ferro-cement hulls. 8. Drag boats, boats powered by automobile engines not commercially converted for marine use, or heavily customized boats. 9. Personal watercraft without homeowner and auto supporting business. If the applicant has an HO-4, $50,000 will be the minimum required Coverage C limit. 10. Personal Watercraft with cc s of 750 or greater must receive prior underwriter approval. 11. Boats operated by youth organizations. 12. Water bikes, swamp buggies, airboats, hydroplanes and experimental craft. 13. Boats used for charter, rental or commercial purposes. 14. Boats used or designed for racing (except sailboats, or power boats in predicted log racing) or excessive speed. 15. Boats used in competitions such as bass tournaments. 16. Boats used as permanent living quarters. Agents may not bind ineligible boats. Exceptional cases may be referred to your underwriter with an explanation and request for approval. Enumclaw Property and Casualty Insurance Company 5

6 Watercraft Eligibility Watercraft Eligibility Watercraft Rating Categories Inboard Watercraft Type Description The motor and drive train are inside the hull. The hull and motor are a combined value. Outboard The motor is outside the hull. Separate values are needed for the hull and motor. Inboard / Outdrive The motor is inside the hull and the drive train is outside the hull. The hull and motor are a combined value. Sailboat Personal Watercraft Trailers Equipped with sails but may have a motor. Separate values are needed for the hull and auxiliary motors. Classifications include jet skis, wave runners and wet bikes. A separate value is required. Enumclaw Property and Casualty Insurance Company 6

7 Operator Eligibility Operator Eligibility Operator Eligibility The operator of a boat insured under the Enumclaw Property and Casualty Boatowners Policy should be eligible for preferred auto insurance. While the automobile driving record of an applicant may not correlate exactly with his/her habits in operating a boat, it is an indicator of attitude that may make a difference in the long-term profitability of an individual policy. Ineligible Operators The following characteristics make an operator ineligible for coverage: 1. As a named insured, any person without a valid automobile drivers license. 2. An at-fault boat loss in the last 3 years. 3. Any alcohol-related citation in the last 5 years. 4. Any felony conviction or significant misdemeanor. 5. Applicants less than 23 years, unless there is a supporting auto or home account. Contact your underwriter for review of ineligible operators. Enumclaw Property and Casualty Insurance Company 7

8 General Rules General Rules Additional or Return Premium Paid-In-Full Policies Additional premium will be billed as an installment. Return premium will be sent to the insured. Installment Bill Policies Additional premium will be spread over the remaining installments. Return premium will be spread over the current and remaining installments. Application: A fully completed application is required for each new policy or new boat added to an existing policy. Separate insurance amounts must be shown for each boat (including attached equipment), motor, boat trailer and miscellaneous portable boat equipment. Coverage: Physical Coverage may be written alone, or with Liability and Medical Payments. Liability and Medical Payments may not be written without Physical Coverage. (Utah only: Liability and Medical Payments, without Physical Coverage, is permitted.) Coverage Rounding: Amounts of insurance are rounded to the nearest $100. Deductibles: The same deductible shall apply to all boats, motors, boat trailers and miscellaneous boat equipment insured under the policy. Minimum Premiums: The minimum premiums for policies containing: Physical Coverage Only $50. Liability and Medical Payments Coverage Only $50. Liability and Medical Payments, if the policy also $10. includes Physical Coverage Multiple Motors: If more than one motor is used on a boat, the rating shall be based on the total combined horsepower. The exception to this rule will be for auxiliary motors with 25 horsepower or less; these motors will not be used to determine the total horsepower. Policy Period: The Boatowners Policy is written for a one year term. Premium Rounding: Premium amounts shall be rounded to the nearest whole $1. Pro Rata Rating: All mid-term changes and cancellations will be computed on a pro rate basis. Minimum premiums for coverages being added are not subject to pro rate. Rate Rounding: Rates subject to discounts or surcharges are rounded to the nearest penny ($.01) after each calculation. Enumclaw Property and Casualty Insurance Company 8

9 Policy Rating Policy Rating Physical Coverage Rates (Inland Lakes & Rivers; Puget Sound) The following annual rates are applied per $100 of value of the property insured. Premiums are rounded to the nearest whole $1 after the application of surcharges and credits. Surcharges shall be applied to the rate before discount percentages are applied. Boat Type Outboard Deductible Amount $100 $250 $500 $1000 $2500* (to 49 HP) (50 HP & up) Inboard & Inboard/Outboard Sailboats, Unpowered Boats Misc. Portable Boat Equipment Boat Trailer The $2500 deductible is not available unless the insured value of the boat is more than $30,000. Liability & Medical Payments Premiums The following premiums are applied per boat. Basic coverage includes Medical Payments at $1,000 Per Person. Outboard $100,000 $300,000 $500,000 $1 Million (0-49 HP) * (50 HP & up) * Inboard-Inboard/Outboard (to 120 HP) * ( HP) * (301 HP & up) * Sail/Unpowered Boats * Increased Medical limits: $3 for $2,000; $5 for $5,000 Enumclaw Property and Casualty Insurance Company 9

10 Coverage Options Coverage Options Agreed Value Endorsement OM0010 Available for boats up to 10 years of age and outboard motors up to 5 years of age. Premium: 15% Charge of Final Physical Coverage Rate. Towing OM0011 $250 Towing Limit Premium: $6. Enumclaw Property and Casualty Insurance Company 10

11 Discounts Discounts List of all available discounts including definitions and available percentages. 1. If the insured presents evidence (identification card or signed certificate) that an approved U.S. Power Squadron or Coast Guard Auxiliary Course has been completed: 10% If equipped as follows, these discounts shall be applied: 2. Diesel powered 10% 3. Sail (no auxiliary power of any type) 10% 4. Radar 2.5% 5. Depth Finder 2.5% 6. Ship-to-Shore Radio (not CB radio) 2.5% 7. Radio Direction Finder or LORAN 2.5% 8. Built-in Fire Extinguishing System 2.5% 9. Electronic Position Indicator Radio Beacon 2.5% 10. Global Positioning System (GPS) 2.5% The discount percentages shall be applied to the rate for the boat, motors and miscellaneous portable boat equipment. The maximum discount shall be 25%. Enumclaw Property and Casualty Insurance Company 11

12 Surcharges Surcharges Coastal Waters Surcharge For Physical Coverage Rates The Boatowners Policy covers anywhere in the continental United States, Alaska and Canada, and their respective coastal waters within 12 miles offshore. However, rates provided are for inland lakes and rivers and Puget Sound, including the Straits of Georgia and Juan de Fuca to Cape Flattery. If the boat is to be used in coastal waters, the Physical Coverage rates for the boat, motors and miscellaneous portable boat equipment will be surcharged by 25%. Aging Surcharge Percentages For Physical Coverage Premiums The following surcharges apply separately to each boat, motor and trailer insured for Physical Coverage. 1. Determine the age by subtracting the model year of the property to be insured from the year in which the policy becomes effective or renews. 2. Multiply the aging surcharge times the applicable rate for the property to be insured. Age Charge Age Charge 0-4 years 0% 9 years +25% 5 years + 5% 10 years +30% 6 years +10% 11 years +35% 7 years +15% 12 years +40% 8 years +20% Over 12 years +40% Enumclaw Property and Casualty Insurance Company 12

13 Quotes, Uploads, Changes Forms and Endorsements OM 0001 OM 0002 OM 0003 OM 0004 OM 0010 OM 0011 OM 0013 Boatowners Policy Named Operator Exclusion Washington Amendatory Endorsement Oregon Amendatory Endorsement Boatowners Agreed Value Endorsement $250 Optional Towing Endorsement Additional Insured Enumclaw Property and Casualty Insurance Company 13