AAIS Boatowner Coverage Form Eligibility

AAIS BOATOWNER COVERAGE FORM ELIGIBILITY

(July, 2018)

 

 

Eligible boats are those that are no greater than 30 feet long, manufactured within the last 20 years, have a maximum value of $75,000, and with maximum operating speed of 50 mph.

Ineligibility, besides boats that fall outside of the criteria listed immediately above and other situations that fail to qualify for coverage under the boatowner program, includes machines that can also travel on land, air powered (including hover) craft, homemade boats, any boats operated with a home-built or converted auto engine, and boats used as a regular residence. Other ineligible situations include sailboards, craft used in business activity, converted military crafts, experimental crafts, hydrofoils, hydroplanes, ice boats, boats used in racing/competitive/stunt activities, and craft that operate underwater.