If you’re like most boat owners, you probably don’t give much thought to boat insurance until you need it. And that’s a mistake because the right boat insurance can save you a lot of money and hassle in the event of an accident or theft. So, what do you need to know about boat insurance? Here’s what you need to know about boat insurance.
Most people think of boat insurance as something that covers the physical boat itself. But in reality, boat insurance is much more than that. Boat insurance can cover you for liability in the event that someone is injured while on your boat or if you damage someone else’s property with your boat.
How Much Is Boat Insurance?
The cost of boat insurance depends on several factors, including the value of your boat, the type of boat, the engine size, where you live, and the primary function of the boat. Add-ons like towing and fishing equipment can also affect the cost of boat insurance.
The best way to get an accurate quote is to speak with a boat insurance agent who can tailor a policy to your specific needs.
Who Is Covered Under Boat Insurance?
Boat insurance policies typically cover the named insured and any family members who live with the named insured. Passengers are also typically covered, although there may be some limits on the number of passengers depending on the policy. It’s important to check with your boat insurance agent to be sure.
Should You Get Boat Insurance While It’s in Storage?
If you’re not using your boat for an extended period, you may be tempted to cancel your boat insurance policy to save money. But that’s a mistake. Even if your boat is in storage, it’s still at risk of being damaged or stolen. So, it’s important to keep your boat insurance policy active even when you’re not using your boat.
Get Boat Insurance in Tallahassee, FL
Boat insurance is an important part of owning a boat. By understanding the basics of boat insurance, you can be sure you’re adequately protected in the event of an accident or theft. And that peace of mind is worth the cost of boat insurance. Fuqua Insurance Agency can help you find the right boat insurance policy for your needs in Tallahassee, FL. Contact us today for a free quote.