U.S. Angler’s Choice is proud to have Ben
Green Insurance Agency as a promotional partner
for the 2019 season. Ben has put together a list
of five questions we should all find the answers
to before learning the hard way. Ben is a boat
owner and a tournament angler so when you speak
to them, you’re not teaching your insurance
agent over the phone. Give Ben Green Insurance
Agency a call and you will have peace of mind
that you are properly covered.
Ben Green Insurance Agency is not just Bass
Boats, they insure Bass Fishermen, their
businesses and their families.
“Five point Q&A with Ben Green from Ben Green
1-Does my Policy
cover me for fishing tournaments?”
This is the main question to start with. You
want to get this question answered in writing. I
can write several paragraphs on why this is
important; however, I think it is fairly obvious
for anyone seeing this article.
2-What is “Actual Cash
Value”, “Agreed Value and “Replacement Cost” and
why is it important?
- “Actual Cash Value” is the fair market
value the loss will be paid out at. This is very
dangerous as it is an undefined figure. If you
have this on your policy, you’d better call and
change it immediately.
- “Agreed Value”
This is the dollar amount shown for the Hull
Value on the Policy. This is what the policy
will pay for a total loss. However, look at the
fine print in the policy. Some items such as
Outboard Motors could be subject to
depreciation. Partial losses like a ripped off
lower unit could be subject to depreciation.
- “Guaranteed Replacement Cost”
This is the one you want if you can get it.
Usually nothing in the policy is subject to
depreciation. This is typically reserved for
3- “I have Graphs, are they covered?”
Get this answer in writing. Many policies will
cover the graphs with replacement cost. These
high dollar pieces of technology sink faster
than a punch weight in value. If you don’t have
replacement cost on them, you’re going to want
4- “My Powerhead blew, Now what?”
In many instances the powerhead is not covered.
The number one question for your insurance
provider is “Will my Powerhead be covered if I
hit something?” Make sure the answer is in
writing. Make sure you are happy with the
communication. Some carriers will cover the
powerhead. Many advertise mechanical failure as
a coverage. Make certain you know what
components are covered and for how much. Many
only cover up to $1,000 yet they say “covered”
or “included” in the sales presentation.
5- “I’m at a motel and my gear was stolen out
of my room, where is my coverage?”
This is not a covered cause of loss in your
typical boat policy. This could be covered by
your home or renter policy. HOWEVER, if you are
fishing a tournament, many companies will flat
decline this loss as it occurred while
participating in a financially incentivized
“I appreciate the opportunity to partner with
U.S. Angler’s Choice. My job is to educate. I
know you all have relationships with carriers,
brokers or agents. If we can help, let us know.
If you feel like you must educate your
salesperson on how to insure a bass boat,
imagine your frustration explaining this at the
time of a claim.”
Ben also went on to say “The main difference
between the standard insurance provider and us,
is that we represent you the buyer. We do not
represent the company. We work with several
companies therefore there is not a potential
conflict of interest if we have to go to battle
with the company on your behalf.”
For more information, please like
Insurance Agency on Facebook, stop by
www.bengreenins.com or punch in (815) 830-8349
to start a relationship with Bryan Partak. Ben
Green Insurance Agency CA License 0D03631.
Non-Resident Licenses in NV, OR, TX, IL, MO, MN,
AL, AR, TN, KY, MI, NC, SC, DE, IN, LA