Watercraft Advantage
This endorsement adds coverage for the following:
Replacement Boat or Motor
If during the policy period you acquire another watercraft or motor in the same class as (and intended to replace) a watercraft or motor insured on your policy, we will cover the newly acquired watercraft or motor for 30 days after you become the owner.
In case of loss, we will pay no more than the least of:
- the amount of insurance on the watercraft or motor being replaced
- the cost of the new watercraft or motor
The coverage does not apply if there is any other valid or collectible insurance on the newly purchased watercraft or motor.
Newly Purchased Additional Boat or Motor
If during the policy period you acquire a new watercraft or motor in the same class as the watercraft or motor insured on your policy, we will cover the newly acquired watercraft or motor for 30 days after you become the owner.
In case of loss, we will pay no more than the least of:
- 25% of the amount of insurance on the watercraft or motor insured on your policy
- the cost of the new watercraft or motor
The coverage is excess over any other valid or collectible insurance.
Emergency Travel
We will reimburse you up to $500 for actual costs you incur for travel, lodging, and meals incurred while you must be away from your primary residence to resolve a covered Watercraft loss.
No deductible applies to this coverage. You must provide us with receipts for these costs.
Property of Others
Coverage for Auxiliary Equipment and Personal Property (as described in the Watercraft Physical Damage endorsement) can be extended to the same class of property owned by others and on-board the insured watercraft if damaged in a covered loss.
This coverage extension applies solely at your option and is not mandatory.
This coverage extension does not increase the $2,500 Auxiliary Equipment or $1,000 Personal Property sub-limits.
First Aid Expenses
If there is a loss covered under Coverage F (Medical Payments to Others): We will reimburse you up to $250 for your first aid supplies used in the course of treating an injury which occurs on board your covered Watercraft, or while towing another party with your covered watercraft.
No deductible applies to this coverage.
Pet Injury and Accidental Death
For covered losses: we will pay up to a maximum of $500 per animal and up to $1,000 in the aggregate per loss (regardless of the number of pets) to cover emergency procedures or medications prescribed by a veterinarian should your cat(s) or dog(s) be injured in an accident while on board your covered watercraft.
Should your cat(s) or dog(s) die as a result of injuries sustained in a covered loss while on board your covered watercraft, we will pay a death benefit of $500 per animal and up to a maximum of $1,000 in the aggregate per loss (regardless of the number of pets).
This coverage can be added online via your My Pioneer account!