Page 20 - AAA Northwest Ohio - AAA Now! May/June 2013

20 may/june 2013
insurance &
FINANCIAL SERVICES
vessel. Partial losses are settled by taking the total cost of
the repair less a percentage for depreciation.
• Agreed amount value basis policies mean that you and
your insurer have agreed on the value of your vessel and,
in the event of a total loss, you will be paid that amount.
Agreed Amount Value policies also replace old items with
new equipment in the event of a partial loss, without any
deduction for depreciation.
According to the I.I.I., typical boat insurance policies
include deductibles of $250 for property damage, $500 for
theft and $1,000 for medical payments. Higher limits might
be available. Additional coverage can be purchased for
trailers and other accessories. Most companies offering boat
insurance have liability limits that start at $15,000 and can
be increased to $300,000. Boat owners could also consider
purchasing an umbrella liability policy, which will provide
additional protection for their boat, home and car. Boaters
should also inquire about special equipment kept on the
boat, such as fishing gear, to make sure it is covered and
verify that towing coverage is included in the policy.
Boat owners should also ask about discounts for
the following:
• Diesel powered craft, which are less hazardous than
gasoline powered boats as they are less likely to explode
• Coast Guard approved fire extinguishers
• Ship-to-shore radios
• Two years of claims-free experience
• Multiple policies with the same insurer, such as an auto,
homeowners or umbrella policy
• Completion of safety education courses
For amore detailed look at what you need to cover your boat,
your way, stop in and see the AAA Insurance agent nearest you
or give us a call for a no obligation quote at (419) 843-1240.
With spring in full bloom you may be thinking
about buying the boat of your dreams.
But amid all the excitement of purchasing a new
boat, it is also important to factor boat insurance
into your decision, according to the Insurance
Information Institute (I.I.I.).
Boat insurance provides physical damage
coverage to repair your vessel if it is accidentally
damaged or destroyed by a covered incident
such as collision, fire, theft, vandalism,
windstorm or lightning. The coverage is broad,
and provides insurance for the boat, including
its machinery, fittings and auxiliary equipment,
outboard motors, boat trailer, permanently
attached equipment (e.g., anchors) — up to
an agreed value — and personal property. It
also covers: damage caused to someone else’s
property; medical payments, for injuries to the boat owner
and other passengers; bodily injury, for injuries caused to
another person; and guest passenger liability, for any legal
expenses incurred by someone using the boat with the
owner’s permission.
“Insurers assess the size, type and value of the boat,
and the waterways in which it will be navigated, when
determining how much you will pay for insurance
coverage,” said Loretta Worters, Vice President with the I.I.I.
A boat insurance policy can provide physical damage
coverage on an actual cash value or agreed amount
value basis. Both types of boat insurance policies offer
important coverage but with significant differences.
• Actual cash value policies pay for replacement costs less
depreciation at the time of the loss. In the event of a total
loss, used boat pricing guides and other resources are
used to determine the approximate market value of the
You may think winter is the peak season for battery
problems, but actually, hot weather does more to shorten
battery life. Even batteries get a littl lazy in the summer
heat. The sun’s heat is trapped under the hoo , evaporating
critical fluids and draining your battery’s power. Heat
also speeds the chemical reaction in a battery, causing
overcharging.
Excessive heat and overcharging shorten battery life. In
fact. AAA reports that operating in warmer climates can
shorten the average life of a battery to just 3 ½ years.
(M st batteries work 3-5 years.) If your battery is older,
wear plenty of sunscreen, because you may end up baking
in a driveway or parking lot when you least expect it.
Of course, AAA is here to help if your battery fails, but to
help keep your battery operating reliably in any season,
hav a technician clean battery cables and d termine if
y ur battery is holding a charge -- or overcharging due
to a faulty voltage regulator or some other problem. One
way to make battery inspection, cleaning and checks part
of your maintenance routine is to remember your battery
every time y u h v your oil cha ged.
The AAA network of Approved Auto Repair facilities is
an additional source for requesting a diagnosis of your
vehicle’s charging system.
If your vacation will take you away from your car for a few
weeks, consider using a AAA Battery Tender® to keep the
battery from losing capacity through disuse. It’s a device
that plugs into a standard AC outlet and transfers power
to your battery to keep it operating after long periods of
inactivity.
If a b ttery problem d es stall out your summer fun, don’t
weat it. AAA is here to help. AAA Battery Service offers
free di gnostics – and technicians come to you. They can
test your charging system and, at your request, even install
a quality AAA battery on the spot. Technicians are equipped
to diagnose your charging system, which eliminates any
guesswork. They suggest replacing only faulty or failing
batteries, and it’s always your option.
Your new battery comes with the best warranty in the
industry. You receive a 72-month limited warranty and free
replacements for 36 months, nationwide.
We also make the disposal of your old battery more
convenient. We recycle every battery we replace. So far,
AAA Battery Service and the AAA Great Battery Roundup®
collection pr gr m have kept more than 2 million batteries
from contaminating landfills.
$5 off
Valid only for AAA Northwest Ohio members. Offer expires June 30, 2013. • To redeem this coupon, please call 419-843-1222.
To show our appreciation, you can redeem this coupon and receive $5 off a AAA Battery.
That’s right! AAA now offers a Battery Service Program which features the following benefits:
• Free, expert battery testing
• Quick battery installation, at your request
• A high-quality AAA battery at a members-only discount
• An unmatched 72-month limited warranty (including 36 months free nationwide replacement)
• Free recycling of your old battery
for choosing AAA Thank you
Northampton County
Summer Battery Care?
N Sweat.
Share Your
Insurance Story
Maybe you have recently remodeled
your kitchen and there was a close
call on an insurance claim, such
as accidentally hitting a pipe and
scrambling to shut off the water.
Perhaps you found a huge dent in
your car in the middle of an empty
parking lot. Maybe you have had a
turkey fryer incident! No matter what
type of insurance story or question
is on your mind, we would like to
hear from you. The good, bad, ugly
and destructive – we can handle
any brutal insurance tale. Had an
insurance experience that you want to
share? Have a question you have been
itching to ask?Write to our insurance
experts at: AAA Now!, Insurance Story,
7150West Central Ave. Toledo, OH
43617 orAAANow@aaanwohio.com
and include "Insurance Story" in the
subject field.
If You Are Planning to Buy a New Boat,
Make Sure to Get Proper Insurance Coverage