Why Do 15,000 People Insure Their Boats With Charter Lakes?

Charter Lakes is a marine specialty insurance agency that focuses exclusively on recreational marine insurance. We are one of the few independent insurance agencies in the country that specialize in this type of insurance, and one of the largest. Because of this, and the reasons discussed below, we are able to provide our clients with the highest level of protection and the best overall value on their personal and commercial marine insurance.

  • Did you know that marine insurance is not regulated by the states like homeowners and auto insurance?
  • Did you know that rates can vary by as much as 100% between different marine underwriters on the same boat?
  • Did you know that no two yacht or boat policies are the same, each policy provides differing levels of protection?
  • Do you know the difference between Agreed Value and Actual Cash Value, and the difference between Watercraft Liability and Protection and Indemnity?
  • Are you concerned that your homeowners or auto agent really doesn’t understand what you need when it comes to marine insurance, or how to protect your boat or your boating activity?

Charter Lakes represents all of the largest marine insurance underwriters in the country. We understand each underwriters policy limitations and which underwriter is most competitive on a particular type of vessel in a specific geographic location. We do the shopping for you by obtaining quotes from each of the (8) underwriters we represent to arrive at the best value for you.

What sets Charter Lakes apart from the rest of the industry is our definition of overall value. Value means much more than simply the best price. While price is important, the service and treatment you receive from your agent, when you need it, can often times be even more important.

Insurance is only as good as the service you receive when you have a claim or need to make a change to your policy. Charter Lakes is staffed by 35 individuals that are dedicated to providing you with prompt and professional personal service. We believe in personal service, you will always talk to a live person who can assist you at Charter Lakes.

Heaven forbid you have an accident with your boat. But accidents do happen, that’s why you buy insurance. Charter Lakes has dedicated substantial resources to develop it's own in house claims department.  Our in-house claims department is dedicated to helping you navigate through the claims process and get your claim settled as quickly as possible. Our goal is to have claims adjusted and paid by the time repairs can be made.

Another way Charter Lakes adds value is through the development of special Group Insurance Programs. Charter Lakes has developed group insurance programs for Fishing Guides, Six Passenger Charter Boats, Coast Guard Inspected Vessels and personal use yachts and boats. Utilizing the group insurance concept, we are able to tailor coverage to meet the specific needs of a particular group of clients. This allows us to broaden coverage while at the same time provide substantial premium savings. It also allows us to focus our systems and service efforts on a specific group which enables us to provide better service.

Do you now know that buying your marine insurance from Charter Lakes is a wise decision?

    

©Copyright 1986-2008 Charter Lakes Marine Insurance.
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