FAQ

What can Joe Pitisi do for me that maybe other companies cannot?

How much does Lighthouse Marine Insurance Cost?

How do you handle a claim?

How can I save money on boat insurance?

Is “PRICE” the most important factor to consider when purchasing boat insurance?

Where do you provide insurance coverage?

What types of marine insurance policies do you offer?

Does Lighthouse Marine Insurance offer other types of Insurance?

Am I required by law to have insurance on my boat?

 

Please do not hesitate to Contact Us if you have any marine question. We are here to help. When you’re with Lighthouse Marine Insurance Services your one of the crew.

 

Q. Why should I insure my vessel with Lighthouse Marine Insurance?

A. Your Lighthouse Marine Insurance Agent/Broker is a seasoned vessel operator with years of boating experience. In addition to insuring your craft, you may need help with hull, machinery or rigging issues. 

 

Q. What can Joe Pitisi do for me that maybe other companies cannot?

A. He offers you service 24 hours a day, 365 days a year! He works for you the customer. His Newsletter will keep you informed of special events, boating safety issues and marina news. 

 

Q. How much does Lighthouse Marine Insurance Cost?

A. Your price will depend on your boat’s location, use, size, type, age, power type, coverage request in addition to other factors relating to the vessel. For a free quote, go to Insurance Quote forms or call (562) 431-8627 to speak with Joe. 

 

 

Q. How do you handle a claim?

A. Fast, fair and simply. When policyholders call Lighthouse Marine Insurance to report a claim, they reach a “real live” person 24 hours a day, 7 days a week, 365 days a year. Once contacted, Joe will file a report on your behalf and a claims representative will contact you. Your safety is always first! 

 

Q. How can I save money on my boat insurance?

A. Choose a boat insurance policy that best fits your boating needs. Lighthouse Marine Insurance Services offers several different insurance programs. Discount are available for boating courses completed, additional safety equipment and good driving records. 

 

Q. Is “PRICE” the most important factor to consider when purchasing boat insurance?

A. No. Unlike auto or home insurance where most companies offer the exact same coverage, boat insurance varies between companies. While the amount you pay for insurance has to be a factor in the selection of your protection package it is more important to consider the types of losses covered, how much you will collect in the event of a loss, what assistance is available in an emergency, and what level of service you will receive. The boat owners should select a carrier, agent, and policy that meet their specific needs. In most cases this means not selecting a policy based on the price, but on what you get in return because even large differences in premium will be made up quickly if you select an inadequate policy, an unknowledgeable agent or an indifferent carrier.

 

 

Q. Where do you provide insurance coverage?

A. We provide marine insurance coverage worldwide. If you need coverage to get there or have already reached your destination we can offer you insurance coverage.

 

 

Q. What types of marine insurance policies do you offer?

A. For recreational boaters there are two types of marine insurance policies. The differences between the two seem minimal at first, but a closer look reveals significant differences. The first type policy, called a boat policy is generally offered by the insurance giants like State Farm, Allstate and others. This type of policy may depreciate the value of the boat at the time of the loss. The second type, called a marine insurance yacht policy, is sold through agents who specialize in insuring boats. This policy, also know as an Agreed Value policy does not depreciate at the time of loss. In the event of a full loss, you receive full value. So, if your vessel is insured for $100,000 and it is a total loss, you will recover a check for $100,000 from the insurance company. I can offer you both types of marine insurance policies. If you purchase insurance from me or someone else, remember Agreed Value means full value and Actual Cash Value (ACV) means depreciated value.