BRANCHVILLE, N.J., June 22, 2016 /PRNewswire/ -- Selective
Insurance Company of America, a subsidiary of Selective Insurance
Group, Inc. (NASDAQ: SIGI), has launched new insurance coverage for
personal watercraft and watercraft equipment, including discounts
and options for enhancements. As a super-regional provider of risk
management solutions, Selective understands Response is
everything® and is proactively responding to the
needs of consumers who are looking for comprehensive and
customizable coverage for their watercrafts.
Selective's expanded watercraft coverage offers the foundational
liability, medical payments and physical damage coverage that many
boat owners need. Optional endorsements are also available,
including towing and assistance expense, watercraft agreed value,
watercraft haul out, joint ownership and protection from damages
resulting from uninsured watercraft. Competitively priced, a suite
of deductibles and discounts are available, such as new
discounts for watercraft safety course completion, protective
devices and newer boats.
"Boat owners and operators want to feel confident their
watercraft is covered and, with the broad new watercraft insurance
offerings from Selective, they will have that peace-of-mind," said
Allen Anderson, Senior Vice
President, Personal Lines. "With boating season upon us,
Selective's independent agency partners can work with our mutual
customers to create a risk management solution tailored to their
individual needs. With the coverage and pricing that works for
them, owners of motorboats, sailboats and personal watercraft can
now get the most out of their time on the water."
Selective's upgraded watercraft coverage options, which can be
attached to any Selective homeowners policy, are currently
available in Iowa, Minnesota, New
Jersey, Rhode Island,
South Carolina, Tennessee, Wisconsin, Illinois and Ohio. This coverage will also be available in
Indiana, Maryland and Pennsylvania in late July, and Virginia in the coming months.
Watercraft owners can learn more about Selective's coverage
options by visiting www.Selective.com or by contacting one of our
independent insurance agency partners. To find an agent, visit
Selective's homepage and select the "Find an Agent" tool.
About Selective Insurance Group, Inc.
Selective Insurance Group, Inc. is a holding company for 10
property and casualty insurance companies rated "A" (Excellent) by
A.M. Best. Through independent agents, the insurance companies
offer standard and specialty insurance for commercial and personal
risks, and flood insurance underwritten by the National Flood
Insurance Program. Selective maintains a website at
www.Selective.com.
Logo - http://photos.prnewswire.com/prnh/20151119/289411LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/selective-adds-new-watercraft-coverage-enhancements-300288872.html
SOURCE Selective Insurance Group, Inc.