Newcoast Finance and Insurance Brochure

Finance and Insurance

EXPERTISE AND EXPERIENCE TO SECURE AND PROTECT YOUR BOAT, YACHT, OR RV

Newcoast is your all-in-one source to meet your recreational fin ancing and insurance needs. Whether you are looking to finance or insure yo ur boat, yacht, or RV; Newcoast will design tailored financing and insura nce solutions that are right for you.

The Newcoast Advantage

Newcoast is one of the largest recreational loan originators and marine insurance agencies in the country with the ability to provide products across the U.S. and in numerous locations across the world.

Make your dreams a reality with Newcoast.

Boat, Yacht, and RV Financing

Whether you need help buying a boat or RV of your dreams, our team of finance experts have you covered. We have the most competitive rates and flexible options from the largest network of quality lenders to help you begin your big adventure.

Your Financing Options

n Decades of experience with both marine and RV financing

n Extensive national lender base

n 2 minute pre-approval process

n Alternative lending sources

n Montana LLC Financing; Single asset LLCs and trusts

n Financing for RV models up to 20 years old

n Financing for boats up to 30 years old

n Discounts for shorter-term loans or large down payments and highly qualified applicants

n Limited financials on qualified programs

n Lower fixed and adjustable retail rate programs

n Refinancing programs

n Down payments as low as 10%

n Part-time charter loans

n Foreign deliveries and fundings available

Boat, Yacht, and RV Insurance

Newcoast provides peace of mind and protection for your boat, yacht, or RV. When out on the water or on the road, insurance is not just an option - it’s a necessity. With customizable coverage options and access to world leading carriers, our team of industry leading specialists will ensure your vessel or RV has optimal protection that fits your recreational lifestyle.

PEACE

OF MIND

Ready for Anything

Our advisors have solutions for primary lines of coverage and many more to provide protection for your unique needs.

n Hull and Machinery

n Agreed Value or Total Loss Replacement

n Hurricane Haul-Out Reimbursement

n Disappearing Deductible

n Emergency On-water Towing

n Medical Payments

n Salvage and Wreck Removal

n Liability/Protection and Indemnity

n Builder’s Risk and PreDelivery Cover

n Hull and Machinery

n Protection and Indemnity (Liability)

n Mortgagee’s Interest

n War Risk and Piracy

n Pollution liability

n Loss of Charter Hire

n Contractual Liability

n Personal Effects

n Crew Medical & Personal Accident

n Charterer’s Liability Insurance

n Charter Cancellation Insurance

n Cyber Risk

n Disappearing Deductible

n Pest Damage Protection

n Roof/Awning Protection

n Emergency Vacation Expense

n Full-Timer’s Coverage

n 24-Hour Roadside Assistance

n Agreed Value, Total Loss Replacement, or ACV Coverage

n Windshield Coverage ($0 Deductible Option)

n Pet Injury Coverage

Finance FAQs Insurance FAQs

n How long does the loan process take?

We can process your loan request in just a few days. Under normal circumstances, we can have funds wired for your purchase within four business days.

n What information do you need to approve my loan application?

For loans up to $250,000, a simple application is all that’s needed. For loans above $250,000, we will also need a limited financial package in order to complete your loan submission.

n What are the closing costs?

In addition to your down payment, closing costs can include sales tax, processing fees, and title and registration fees.

n What are the terms for loans?

For loans up to $50,000 up to 15 years. For loans greater than $50,000 up to 20 years.

n What factors determine my insurance premiums?

There are several factors that influence the premiums for insurance for boats or yachts. The age of the vessel, limits of coverage, owner’s experience, usage type, and navigational territory are major factors in determining overall cost. Our team will work with insurance carriers to find the best options for your policy, with the goal to make sure you have the best price without sacrificing coverage.

n What is “Agreed Value” vs “Actual Cash Value” policy?

An Agreed Value policy will provide payment of the agreed value listed on the policy in the event of a total loss. Actual Cash Value factors in depreciation based on the age of the vessel.

n Do you represent multiple insurance companies?

Yes. We work with A-Rated insurers to find coverage solutions that meet and exceed your needs for your boat, yacht, or RV.

n What is included on a “Yacht” policy?

Yacht Insurance policies provided by Newcoast are custom tailored to the vessel and specific requirements for our clients. We offer guidance on Hull, Liability, Pollution, Crew Medical, Builder’s Risk, and Charter, to name a few. Our experienced team are here to assist you with finding the optimal coverage for your yacht.

Contact Us

Please visit Newcoast.com to complete an application or call 1-866-639-2637 (1-866-NEWCOAST) to speak directly with one of our specialists.

Thank you for trusting your recreational financing and insurance needs with Newcoast.