What does TLR stand for?

Progressive's specialized boat insurance offers coverage options critical during the winter months including: * Total Loss Replacement - We will replace your boat with a brand new model if the lost boat is within the first five model years.

Things like 24/7 claims service and specialized coverages such as Emergency Towing and Labor and Total Loss Replacement are designed to help get boaters back on the water fast in the event of a loss.

Things like 24/7 claims service and specialized coverages such as Emergency Towing and Labor and Total Loss Replacement are designed to help get boaters back on the water fast in the event of a loss.

Some companies advertise total loss replacement coverage, but the coverage generally only helps you if you drive a newer car.

And while some insurance companies advertise total loss replacement coverage, the coverage generally only helps you if you drive a newer car.

Examples of specialized boat coverages not available through a homeowners policy include personal effects and fishing equipment coverage; coverage for fuel spill clean-up and wreckage removal; and Total Loss Replacement, in which Progressive will buy a customer a brand new boat if their boat needs to be replaced due to damage or theft within the first five model years.

Specialty boat insurers like Progressive offer options such as Total Loss Replacement, which means if your boat is destroyed within the first five model years, we'll buy you a brand new boat of the same make and model, no matter what it costs in today's dollars," said Hall.

Boaters also can purchase total loss replacement coverage, so that if their new boat is stolen or destroyed within the first five years, they'll get a brand new boat of the same or similar make and model, regardless of the cost in today's dollars.