Boat Insurance

Navigating the waters of boat ownership brings excitement and adventure, but it’s crucial to ensure your treasured asset is well-protected. As an independent boat insurance broker, we understand the importance of safeguarding your vessel against the unexpected. We work with several insurance companies to offer you a range of options and ensure that you find the most suitable policy for your watercraft through our dedicated boat insurance broker services.

Common Questions About Boat Insurance

Q: What factors do insurers consider for boat insurance?

A: Insurers evaluate various aspects to determine policy eligibility and cost, including the boat’s age, length, value, speed, condition, type, and usage location. Whether the boat is homemade, a houseboat, or has multiple owners also plays a role in the decision-making process. An experienced independent boat insurance broker can help navigate these factors.

Q: What types of boat insurance are available?

A: There are two main types: “agreed value” and “actual cash value.” The agreed value policy covers the boat at its value when the policy was written, while the actual cash value considers depreciation. Your choice will depend on factors like the boat’s age and your financial considerations. Consulting a boat insurance broker can provide clarity on which type is best for you.

Q: What does boat insurance typically cover?

A: Standard coverage includes protection against collision, fire, theft, vandalism, and damage to attached equipment. It also covers bodily injury and property damage liability, including legal expenses and medical payments for you and your passengers. A knowledgeable boat insurance broker can help tailor these coverages to your needs.

Q: How is the cost of boat insurance determined?

A: Insurance costs vary based on cruising area, boating safety education, driving records, liability limits, deductible, and specific towing requirements. Discounts might be available for things like owning a diesel-powered boat, having no prior claims, and taking safety courses. An independent boat insurance broker can assist in finding competitive rates.

Tailored Coverage for Your Vessel

Every watercraft is unique, and so are its insurance needs. Whether you own a yacht, sailboat, or personal watercraft, our boat insurance policies are tailored to provide the specific coverage required for your vessel. From hull damage to on-water towing, we’ve got you covered.

Contact Us for Personalized Boat Insurance Solutions Ready to set sail with the right insurance protection? Contact our team of experienced boat insurance brokers today for personalized solutions and competitive quotes. Your watercraft deserves the best, and we’re here to make it happen