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Dawson Insurance Agency
417 Main Street
Bangor, ME 04402
Telephone: 800-649-4178
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Custom Policies

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Description

Agreed value hull insurance

When your policy is written, you and the insurance company agree on the amount of insurance for your boat. In the event of a totoal loss, this amount is paid less the deductible. partial losses are paid on a replacement cost basis.

Actual cash value hull insurance

Your boat is insured for a set value on the policy, however at the time of a loss you are paid for the claim less deductible and less depreciation.

Protection and Indemnity Liability

The most comprehensive form of marine liability. This is the marine equivalent of automobile liability, it covers the liability of a boat owner for bodily injury and property damage. It may include or exclude liability for paid captain or crew.


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Details of these products are offered in good faith by the Company. The Information cannot be guaranteed;
therefore it is up to the Buyer, his Agents, or his Surveyor to verify.