Recreational Marine Watercraft Underwriting
Since 1990 MPG has developed and underwritten unique insurance programs for all types of watercraft in the recreational marine category. These programs are the best in the industry, and provide a complete range of solutions and coverages
Our in-house underwriting programs are detailed below, indexed by insurance carrier.
- Eligible Risks: Boats, Yachts, Luxury Yachts, Racing Sailboats, Houseboats, Mature Vessels
- Company: New Hampshire Insurance Company
- A.M. Best Rating: A
- Program Established: 1992
- Attributes: Remarkable service, same day policy quotes and issuance supported by knowledgeable underwriters will win you over. Instant quotes via our on-line rater
- Hull Values: $10,000 - $5,000,000
- P&I Limits: Up to $10,000,000
- Minimum Premium: $350
- Distribution: Offered exclusively through MPG
- Territory: All states with restrictions for wind in South East on un-captained vessels. Captained Luxury yachts may be eligible for World wide navigation.
- For more information contact: Mike Terrier 800.366.8086
The company listed under each program is the most common used paper. Several other writing companies may be utilized depending on the state or rate plan.
Boat Program
- Eligible Risks: Boats, Yachts
- Company: Travelers Insurance Company
- A.M. Best Rating: A
- Program Established: 2004
- Attributes: Remarkable service, same day policy quotes and issuance supported by knowledgeable underwriters will win you over.
- Hull Values: Up to $1,000,000
- P&I Limits: Up to $1,000,000
- Distribution: Offered exclusively through MPG
- Minimum Premium: $500
- Territory: All states with restrictions for southeast
- For more information contact: John Sterling 800.882.5414
Luxury Yacht Program
- Eligible Risks: Luxury Yachts
- Company: Travelers Insurance Company
- A.M. Best Rating: A
- Program Established: 2004
- Attributes: Competitive program world wide for Luxury yachts and large sportfish.
- Hull Values: $25,000,000
- P&I Limits: Up to $25,000,000
- Minimum Premium: $2,500
- Territory: World wide
- For more information contact: John Sterling 800.882.5414
The company listed under each program is the most common used paper. Several other writing companies may be utilized depending on the state or rate plan.
- Eligible Risks: Boats & Yachts, Performance Boats, P&I Only, Full-time Florida, Older Vessels, Houseboats
- Company: Markel Insurance Company
- A.M. Best Rating: A
- Program Established: 2004
- Attributes: Remarkable service, policy quotes and issuance supported by knowledgeable underwriters will win you over.
- Hull Values: Up to $5,000,000
- P&I Limits: Up to $5,000,000
- Minimum Premium: $250
- Territory: All states
- For more information contact: Chris Mckinnon 800.366.8086
The company listed under each program is the most common used paper. Several other writing companies may be utilized depending on the state or rate plan.