Who is Seaworthy Insurance Company? Are they reputable?
Seaworthy Insurance Company was established in 1989 as a captive insurance company
and is domiciled in Annapolis, Maryland. Seaworthy’s parent company, Boat America
Corporation, was acquired by Berkshire Hathaway in 2007 providing capital strength
and security for your policyholders. Seaworthy Insurance Company is
rated
A+ by A.M. Best.
What types of boats does Seaworthy insure?
We insure all boat types, providing agencies a one stop source for boat and yacht
coverage. We feature five policy types -- Yachts, SuperYachts, Charter Boats,
Pleasure Boats and Liability Only options for boats and some yachts. Visit our
policy pages for all the details.
How do I sell Seaworthy policies to my customers?
Our agent-friendly rating/quoting system puts Seaworthy agents in complete control of business placed with us. Because the system is web-based, there’s no software to download and the most basic customer information (captured in a single-screen process) produces a quick quote. Agents can send emails, issue binders, download product brochures and desktop reference materials, report and view claims status and track commissions – all from the convenience of your computer.
What is your commission structure at Seaworthy?
We have a very competitive commission structure for all size agencies. Commissions are easily tracked using our online system.
How do you handle claims?
Expert claims service is provided by dedicated adjustors with extensive experience helping boat and yacht owners when they need it most. Our Seaworthy staff is committed to providing fast and fair service. There is no better group of caring professionals to handle your customer’s claims.
For large-scale claims as a result of hurricanes, tornados, ice storms, storage
facility collapses and marina fires, Seaworthy claims adjustors are assisted
by the BoatU.S. CAT (Catastrophe) Team. This renowned nationwide network of surveyors,
towing and salvage companies will be dispatched to the site and will participate
in a coordinated effort to find boats and settle claims as quickly as possible.
All Seaworthy policies come with 24/7 dispatch of assistance.
How does my agency become appointed to sell Seaworthy policies?
A corporate and individual producer license in the state where the agency is
located is required. For consideration, just fill out our
Agency
Appointment Application and mail, email or fax with the required back up documents.