There are many different types of boats out there for personal use. You may have a Bowrider, pontoon boat, fishing boat, or a speed boat that you need to insure against loss, theft, damage and liability. It may seem a little overwhelming to look for the right boat insurance for your needs, especially if you are looking for deals and discounts to make your coverage more affordable.
One of the best ways to save on your boat insurance costs is to work with an independent agent in the Trusted Choice® network. These agents have access to policies from multiple companies and can comparison shop for you to find insurance that matches your needs. With more than 27,000 member agency locations nationwide, there is an independent agent right in your neighborhood. Contact a local Trusted Choice member agent for personal assistance today.
If you want coverage for damage or loss on your boat, be sure to inquire about the right insurance for you. You may need coverage for your trailer and any contents in the boat such as life jackets, boat covers or after-market additions and upgrades.
The good news is that your boat coverage does not need to be expensive. Smaller boats can be added on to your homeowners insurance in many cases. If it is a larger boat or one that has high value, you may opt to purchase a seperate policy for it. If you get boat coverage from the same insurance company you use for your other policies, you can potentially qualify for a multi-policy discount.
While it may be tempting to insure your boat for the bare minimum, insuring your watercraft for liability and theft may save you money in the long run. For example, your boat liability insurance offers critical protection in the event that you are held responsible for an accident on the water. If someone is severely injured or killed, a resulting lawsuit can result in hundreds of thousands of dollars in medical expenses and legal fees.
When looking for low-cost boat coverage, make sure you find ways to save that won’t leave you with huge out-of-pocket expenses after an incident. Working with an independent agent can provide a distinct advantage to you, as you’ll have one-on-one consultation with a local professional who will get to know you personally and be able to identify your needs. An independent member agent and can provide guidance on the best policy at an affordable rate.
Finally, it really does pay to shop around to find the best deal on your boat insurance. An independent agent can do this research for you, as these agents are affiliated with multiple insurance companies. A Trusted Choice member agent will help you find the best deals on your boat insurance based on your individual needs. Contact an independent agent in your area today.