Boat insurance covers you in the event of a loss or damage to your boat. So it is really important to have your boat insured as a protection from a certain risk.
When it comes to deciding on a boat insurance company and policy, there are many factors that you should consider—and the cost of the policy is just one of these factors.
Here are few things to keep in mind and help guide your decision in selecting a boat insurance company as well as the policy that is right for you.
1.) What kind of vessel are you insuring?
If you own a yacht or commercial, you should specifically seek out an insurance provider who specializes in yacht insurance or commercial boat insurance to create a policy that will suit your specific needs.
2.) What will your boat be covered if you leave the country?
If you plan to take your boat outside of native waters, you want to make sure you select a policy that will have you covered. You should select an experienced boat insurance agent that will be able to get you the best possible premium and coverage options for your needs and travel plans.
3.) Does your boat insurance policy cover you for the whole year?
Some boat insurance policy will allow you to “lay up” or suspend coverage for periods of non-use. This is important to know not only so you could potentially save yourself money if you plan not to use your vessel for several consecutive months of the year, but also because you could not realize that your policy is inactive and decided to take your boat out, only to discover it’s not being covered at that time.
These are just the few things to consider when selecting not only a boat insurance policy, but moreover, an insurance provider. We at Wahoo Insurance would be glad to explain and educate you on the different types of coverage available to you, so you not only get the best value, but most importantly, know what you are insured for should you ever need to use it. Just hit us at (866) 275-9797 or visit our office. Get a free quote from us by clicking here.
Here are few things to keep in mind and help guide your decision in selecting a boat insurance company as well as the policy that is right for you.
1.) What kind of vessel are you insuring?
If you own a yacht or commercial, you should specifically seek out an insurance provider who specializes in yacht insurance or commercial boat insurance to create a policy that will suit your specific needs.
2.) What will your boat be covered if you leave the country?
If you plan to take your boat outside of native waters, you want to make sure you select a policy that will have you covered. You should select an experienced boat insurance agent that will be able to get you the best possible premium and coverage options for your needs and travel plans.
3.) Does your boat insurance policy cover you for the whole year?
Some boat insurance policy will allow you to “lay up” or suspend coverage for periods of non-use. This is important to know not only so you could potentially save yourself money if you plan not to use your vessel for several consecutive months of the year, but also because you could not realize that your policy is inactive and decided to take your boat out, only to discover it’s not being covered at that time.
These are just the few things to consider when selecting not only a boat insurance policy, but moreover, an insurance provider. We at Wahoo Insurance would be glad to explain and educate you on the different types of coverage available to you, so you not only get the best value, but most importantly, know what you are insured for should you ever need to use it. Just hit us at (866) 275-9797 or visit our office. Get a free quote from us by clicking here.
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