Unique Things You Didn’t Know Boat Insurance Covers

Posted on February 28, 2025February 25, 2025 by admin

Owning a boat is an adventure, but it also comes with responsibilities—like ensuring you have the right insurance. At AW Burchell Agency Inc., serving the entire state of New York, we understand that boat insurance isn’t just about covering accidents on the water. Many policies include unique protections that most boat owners don’t even realize they have.

Lost or Stolen Personal Belongings

Did you know your boat insurance might cover more than just the vessel? Many policies include coverage for personal belongings on board. That means if your expensive fishing gear, water sports equipment, or even your phone is lost or stolen while on the boat, your insurance could help replace them.

Emergency Towing and Assistance

Cars aren’t the only things that break down unexpectedly—boats do too. If your boat runs out of fuel, experiences mechanical failure, or leaves you stranded, many policies include emergency towing and assistance. This can save you from a stressful situation and a hefty towing bill.

Wreckage Removal

If your boat sinks due to an accident or storm, the cost of removing it from the water can be significant. Some policies include removing wreckage and ensuring an expensive cleanup fee if the worst happens.

Fuel Spill Liability

Accidents happen, and if your boat leaks fuel or oil into the water, you could be responsible for cleanup costs. The good news is that some boat insurance policies cover fuel spill liability, protecting you from unexpected environmental fines.

Not sure if your current policy includes these coverages? AW Burchell Agency Inc., providing boat insurance to residents in New York, can help you navigate your options and ensure you’re fully protected. Contact us today to learn more!

The Difference Between Classic and Standard Car Insurance

Posted on August 30, 2024August 28, 2024 by admin

Crafting the Perfect Protection: Standard and Classic Car Auto Insurance

At AW Burchell Agency Inc. in New York, we understand the significance of protecting your vehicles, particularly classic cars. While newer vehicles are sought for everyday use, acquiring an older car often carries sentiments of nostalgia, taking you back to a simpler era. You’ve put in countless hours and a considerable investment to restore these unique vehicles, making them classically modern in their own way. When it comes to insuring your classic car, differentiating between standard and classic car insurance is essential.

Standard Auto Insurance vs Classic Car Auto Insurance Repairs

Standard auto insurance typically covers repairs at a standard body shop using similar parts in the event of an accident, but repairing a classic car after a covered accident presents unique challenges. Classic cars often require rare parts and may need to be repaired at a specialized shop. Moreover, these classic cars may incorporate custom spare parts, complicating the repair process further.

Value of Insurance

For standard auto insurance, the vehicle’s value is dictated based on its actual cash value as determined by the insurance company, which depreciates over time. However, with classic car insurance, the insurance value is determined based on the coverage amount you and the insured agreed upon. Furthermore, classic cars may appreciate in value over time, especially when custom restored. As a result, classic car insurance may cover repairs and restoration costs, which can often exceed those of a standard car.

Vehicle Usage

A standard car insurance policy typically covers vehicles intended for daily use. However, insurance policies usually place strict limitations on the annual mileage of classic cars. Given this, classic car insurance differs from standard auto insurance in multiple aspects, warranting a tailored approach to its coverage.

Reach Out for More Information

If you want to navigate classic and standard car insurance nuances, AW Burchell Agency Inc. in New York is here to help. If you have any questions or if you’re seeking the best coverage for your classic car, call us today at (607) 753-0633.

What Is Considered a “Classic Car” for Classic Car Insurance?

Posted on October 20, 2023November 1, 2023 by admin

At AW Burchell Agency Inc. in New York, we help our classic car enthusiast clients decide what the right type of coverage would be for their prized possession. Many car owners come to us and ask what constitutes a “classic car” to qualify for this kind of coverage. Some cars may be older and require special care that is challenging for the average car owner to provide. Others might be rare or luxurious.

In the case of modified vehicles, standard auto insurance policies may not provide sufficient coverage. Thankfully, classic car insurance covers more than you might think it would with the way it is named. Although the term “classic car” may seem to apply to a select few antique vehicles, the definition of this word for insurance purposes can be broad. Every insurance policy is different, so it’s best to discuss coverage options with your provider.

What Types of Vehicles Does Classic Car Insurance Cover?

When you hear about classic car coverage, you may picture the first Ford vehicles that were ever manufactured or an antique Hot Rod Lincoln sitting in a garage untouched for decades. While these cars would probably be eligible for this sort of coverage, classic car policies are much more open to different types of vehicles and models than you might initially expect them to be. If you have an antique tractor, this may be eligible for this type of coverage. Exotic or luxury automobiles would also be potentially eligible for this coverage. What’s more, you might be able to cover muscle cars, race cars, military vehicles, and modified ones with this coverage.

To learn more about what vehicles could be covered by classic car insurance, call AW Burchell Agency Inc. in New York today!