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Marine

Marine Insurance

Are you considering the purchase of a new boat or simply want to make sure you have the right insurance for the boat that you have? Banterra Insurance offers various options for marine insurance by working with top national insurance brands and customizing a policy that is best for you.

Why Banterra Insurance?

Spend less time shopping the best insurance offerings and get back out on the water. Let Banterra Insurance do work for you, working with several national brands in order to offer coverage that is best suited for your needs.

COVERAGES AVAILABLE

Coverage Type

Coverage Details

Liability Coverage

Liability coverage protects you if you cause an accident – covers other driver’s (and his/her passengers’) medical bills and any damage.

Vacation Liability Coverage

Vacation Liability Coverage covers you for bodily injury and property damage while your marine vehicle is docked at a location.

Medical Payments Coverage

This coverage helps pay for medical expenses as it relates from injuries associated with marine vehicle accidents whether the insured is at fault or not.

Collision Coverage

This coverage protects you if you get hit by, or hit, another marine vehicle. Covers your needed repairs, you choose the deductible and company pays up to policy limit.

Comprehensive Coverage

Coverage protects you if your marine vehicle is damaged by something other than a collision such as fire, vandalism, hail or flood. You pay the deductible, company pays up to policy limit.

DISCOUNTS AVAILABLE

Banterra Insurance offers several ways to get discounts on your insurance. Discounts are based on areas related to insurance, driver, vehicle and billing.

*Discount availability varies by company

Discount Type

Discount Details

Insurance Discounts

  • Multi-Policy Insurance Discount – Ask your agent about multi-policy insurance discounts when you combine marine vehicle insurance with auto, home or life or when you have policies with more than one marine vehicle.
  • Claim-Free Renewal Discount – A discount for claim-free renewal.
  • Small-Claim Forgiveness Discount – A discount for not charging for one small claim.
  • Advance Quote Discount – A discount for quoting boat insurance in advance of renewal.

Driver Discounts

  • Responsible Driver Discount- Discount for have a good driving record.
  • Safety Course Discount – A discount for taking an approved boat safety course.
  • Original Owner Discount – A discount for being the original owner of the boat.
  • Boat Experience Discount – A discount for having experience driving boats.

Vehicle Discounts

  • Idle Assist Steering Discount – A discount for boat having idle assist steering.
  • Diesel-Power Discount – Discount for having a diesel-powered boat.

Billing Discounts

  • Paid-In-Full Discount – A discount for paying policy at inception in full and paying renewal in full.
  • Prompt Payment Discount – A discount for paying bill early.
Need Financing For A New Boat or Jetski?

With Banterra Bank, getting that new water toy is easy with quick loan approvals competitive rates and personal service from a team in your community. Click here to learn more about your financing options.