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Points To Consider When Selecting Boat Insurance
From sailboats to yachts - fishing boats to boats made especially for water sporting, the variety of watercraft on todays market makes it more possible than ever before to find the perfect vessel to meet all of an individuals boating needs. Whether an avid skier, or a beginning sailor, one thing all boaters seem to have in common is enjoying all of the pleasures of sun, sand and water.
Just as boating enthusiasts differ in their boating preferences as well as in the way they use their vessels, boat insurance coverage options also differ, depending on the boats uses, its monetary value, and its importance to the owner.
From simple liability insurance to full coverage life and property insurance, the boat owner will find many available options. Deciding on the right option, however, can be a tricky matter.
A boater who engages in speed boating, will most likely need a different type of coverage from the boater who enjoys pontooning, or the one who embarks only on brief fishing excursion, once or twice a summer.
Some things to consider when selecting boat insurance are how often you will be using your vessel, and for what purposes. Other important factors to consider are the amount of money you have invested in your boat, and the amount of personal property stored on your boat. The boat owner who has installed many high-tech navigation tools or the one who intends to store expensive sporting equipment on his vessel, will want to carry more insurance than the boat owner who has fewer extra items on the watercraft.
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Buying A Used Sunfish Sailboat: Know The Ins And Outs Before Sailing Away
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... the boat to try to increase heel. Get off and push - This technique is obviously only safe and effective in very shallow water, and thus will only work with a very shallow draft boat, such as a day sailor or a multihull. Before getting in the water, be sure to put shoes on. Make sure that the boat won't ...
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... will have to reapply and polish more often. While it may take a little time and effort, keeping up with your boat's maintenance is one of the best things that you can do to protect your investment. What takes just a few minutes now may save you a great deal of headache and money in the future. About the ...
... insurance. Again, most people don't think anything bad will happen but bad things do indeed occur! Vandalism is one problem that you may encounter. This is especially true if you dock your boat in a marina. Vandalism can also occur when you park your boat at your home, or at a hotel when traveling. When ...
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Boat Insurance News from Yahoo:
The real cost of owning a boat
It’s an old joke — a boat is a hole in the water you pour money into. It’s also true. About 95 percent of owners have boats 26 feet or less at an average cost of $18,000, according to the National Marine Manufacturers Association, and more than 80 percent of those buyers shelled out for pre-owned boats. But buying it is just a start. Bentley Collins of Sabre Yachts says to budget 10 percent of ...
Barnett backs third-party boat insurance
PREMIER hopes the Woollard and Campbell families can resolve their compensation dispute over damages awarded to boat crash victim Kate Campbell.
Miami Boat Captain Charged with Insurance Fraud Over Sinking of $1.8M Yacht
A Miami boat captain has been arrested on a first-degree grand theft charge for allegedly sinking a $1.86 million yacht in 2009 off the Bahamas. Florida Chief Financial Officer Jeff Atwater announced the arrest of Robert Figueredo by detectives from …
Boat engine thieves target Martin County
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Progressive® Insurance Introduces Expanded Coverage for Boat Propulsion Systems
Progressive® Insurance has introduced a new coverage that meets boaters’ needs for more complete protection of their propulsion systems. The coverage is called Propulsion Plus®, and it pays to repair or replace the lower unit of an outboard motor, or the outdrive of a stern drive motor, in the event of mechanical breakdown.
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