WakezoneINS

At Wake Zone we believe that you can have QUANTITY AND QUALITY combined when it comes to product offerings, you don't have to have one or the other. Wake Zone brings you access to a large amount of A rated and financially stable carriers with excellent claims reputations.

As a boater it is very important to understand who your policy is coming from and what the insurance company is all about. No one carrier or policy is created equal. Having a variety of options is what we feel is important. Wake Zone is an independent insurance brokerage that has the ability to contract with any carrier's it sees fit. We believe that having a wide variety of quality options is what it is all about. We have claims experience with each and every carrier listed below and we continue to represent these carriers because they have treated our clients very fairly. There is a thread here on OSO that has our current client's claims testimonials. This speaks to the credibility and quality of the programs we offer. View here beginning on page 3 of the thread:

http://www.offshoreonly.com/forums/i...ke-zone-3.html

At Wake Zone we insure slow boats and fast boats alike. Many people think that we only cater to fast performance boats but we can write your slow luxury yacht or your family wakeboard boat to your personal jet skis and waverunners.

So, here is an overview of each carrier we offer:

American Modern Insurance Group
• Rated “A+” (Superior) by A. M. Best Company
• Ranked a Ward’s Top 50 Performer since 1998
• Named a Top 10 P&C insurer by SNL Financial in 2010
• Licensed in all 50 states

American Modern is part of Munich Re (U.S. Operations). Munich Re operates in all lines of business, primary and reinsurance, in 160 countries. The company is headquartered in Munich, Germany. With more than $300 billion in assets (Q3 2010 quarterly report), Munich Re is one of the largest insurance organizations in the world.

American Reliable Insurance Company
• Rated "A" (Excellent) by A. M. Best Company
• Licensed in all 50 states
• Financial Size Category: XIII ($1.25 Billion to $1.5 Billion)
American Reliable Insurance Company (ARIC), an Assurant Specialty Property company, offers specialty personal lines throughout the United States. Established in 1952, American Reliable has a Best's rating of "A"(Excellent). A.M. Best is an independent organization that rates insurance companies based on financial strength and operating performance. Best ratings range from A++ to F. A.M. Best company neither endorses nor is affiliated with the underwriters. American Reliable is domiciled in Arizona. Assurant, which is traded on the New York Stock Exchange under the symbol AIZ, has over $US25 billion in assets and $US7 billion in annual revenue.

ACE Recreational Marine Insurance
• Rated "A" (Excellent) by A. M. Best Company
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ACE Recreational Marine Insurance® is part of the ACE Group, one of the world’s largest providers of property and casualty insurance. With more than $79 billion in assets, ACE is distinguished by its stability, strength, underwriting expertise, and superior claims handling.


New V-Hull/CAT Program for vessels up to 120mph - Name can not be advertised on blogs per carrier policy
• Rated "A" (Excellent) by A. M. Best Company
Financial Size Category: XV ($2 Billion or greater)


Wake Zone's No Limits Program backed by Transatlantic Reinsurance Company -Rates available EXCLUSIVELY THROUGH WAKE ZONE
• Primary Paper Rating: B+ (Good)
Financial Size Category: V ($10 Million to $25 Million)
• Transatlantic Rating: A (Excellent)
Financial Size Category: XV ($2 Billion or greater):

Markel American Insurance Company
• Rated "A" (Excellent) by A. M. Best Company
• Financial Size Category: XIII ($1.25 Billion to $1.5 Billion)
As specialists in marine insurance and commercial marine insurance for over 20 years, Markel Marine provides a level of expertise that is unsurpassed in the marine insurance industry. By focusing exclusively on marine insurance, we’ve been able to develop a comprehensive array of marine boat insurance coverage for almost any type of watercraft

State National Insurance Company (not offered by Wake Zone but is a high performance carrier)
• Rated "A" (Excellent) by A. M. Best Company
Both SNIC and NSIC have A.M. Best 'A' (Excellent) ratings and multi-line licensing in all 50 states and D.C.


THE NORTHERN ASSURANCE COMPANY OF AMERICA offered by National Marine Underwriters (older performance boats)

• Rating: A (Excellent)
• Financial Size Category: XII ($1 Billion to $1.25 Billion)

OUR NON-HIGH PERFORMANCE CARRIERS

American Modern Insurance Company (family boaters, performance and PWC) - AM Best A+ Rated

American Reliable Insurance Company (Yachts and slow boats as well as high performance) - AM Best A Rated

ACE Recreational Marine (Mega Yachts) - AM Best A Rated

Progressive Insurance Company (Family Boater, PWC and some deck boats) - AM Best A+ Rated

Safeco Insurance Company of Illinois (family boaters and PWC) - AM Best A Rated

Old United Insurance Company (fishing boats and family boaters, PWC) - AM Best A Rated

Foremost Insurance Group (mid performance and family boaters) - AM Best A Rated

Travelers Insurance Company (yachts and family boats) - AM Best A+ Rated

Berkshire Hathaway (Yachts) - AM Best A++ Rated

Lloyds of London (Yachts) - AM Best A Rated

Pacific Specialty Insurance Company (PWC and family boats) - AM Best A Rated