I have a quick question. I opted to finance my bass tracker heritage and of course they offered me the platinum protection plus, the seven year premium warranty, the gap insurance and a health insurance option. I had opted for the platinum protection plus and the seven year premium warranty. I wanted to get feedback from all of you since being a boat owner is brand new to me. The 4 extended/optional warranty programs are listed below. Any feedback would be greatly appreciated!!!
- 5 year Platinum Protection Plan. This is a protective coating that covers anything paint, gel, carpet/fabric, leather, and/or vinyl from rips, tears, burns, stains, fading and chalking, blood and bodily fluids. If any of these occur, someone will come out to wherever your boat is located, and either repair or replace the damaged/stained component. The total cost of this policy is $899
- 7 year Warranty on boat, motor and trailer on the electric and mechanical components. If something happens to the boat you can take it in to any licensed marine mechanic and pay a $100 deductible and it will cover all of the labor and parts to fix it. The total cost of this policy is $799
- 8 year GAP coverage, so if the boat is totaled it will pay the difference between what your insurance company gives you for the used value and what you still owe on the loan, plus it will pay your insurance deductible so you would not have any money out of pocket if the boat is totaled either on land or water and you won’t have to keep making a payment on a boat that has been totaled. The total cost of the policy is $320
- 5 year Accident Health Coverage, so if you are sick or injured and can’t work for more than 14 days it will make your boat payment until you can return to work. The cost of the policy is $479