NBOA boat towing program is designed to offer its members complete 24-hour towing coverage that won't break the bank. Boat towing insurance is not something you think about when obtaining insurance, but anyone who has been towed on the water will tell you the bill can add up quickly. It is important to have towing insurance on your policy, plus the added protection that comes with your annual NBOA membership. Read below for more information regarding on water and the NBOA membership.
One kind of boat towing insurance has to do with on-the-road situations -- covering you in case of an accident while you're towing your boat. Although some auto insurance policies cover the towing costs for accidents that happen while you're boat is being towed, many do not. Look for a policy that has at least $200 worth of on-road towing coverage, and if you're not sure it is best to check with your insurance provider, or look over your policy carefully. In addition to your coverage, your NBOA membership adds an additional $150 to your policy.
On-the-water towing covers you in case your boat needs a tow after getting stalled or stuck, runs out of gas, or has an accident and needs to be rescued.
Due to laws passed to attach a monetary incentive to encourage towers to risk their lives to save other boaters, on-water towing can be extremely expensive, usually costing thousands of dollars.
Because it can be pricey to get your boat rescued while it's in the water, getting the right type of boat towing insurance is recommended. There are two varieties: towing and salvage. Simple towing insurance refers to more minor incidents like when a boater runs out of gas and must be towed to shore. Salvage insurance usually refers to more dangerous incidents. Towing is charged by the hour, whereas salvage recovery can be charged as a percentage of a boat's value. Some policies may cover either towing or salvage, and some cover both.
Why the NBOA Towing Program?
With your NBOA Membership, you receive an additional $1000 per year for on-water towing insurance, plus an extra $150 for on-road towing - all for only $25 per year. It's a no brainer! Along with your towing coverage, here's what else you get:
Signing up is a breeze! Just click the link below and complete the information. You will then receive a welcome package with your towing card in the mail. Keep your NBOA card with you to enjoy all NBOA has to offer!