Insurance Info

Owners of classic and collector boats know that time, water and rot can wreak havoc on an old hull. Owners also know that they want the best insurance coverage on their precious boats. So when it’s time to buy Classic Boat or Collector Boat Insurance, owners need to be ready to obtain a Marine Survey of their craft.

Here are some tips on getting a comprehensive Marine Survey that the insurance companies will accept to underwrite insurance on your boat.

• Obtain a full out-of-water and condition survey. This will provide current market and replacement values for the boat, as well as detailed descriptions of the construction and condition of the hull as well as the boat’s major systems (fuel, electrical and engine/drivetrain). Continue reading ‘Marine Surveys – Necessary Inspections For Classic Boats’ »

If you can get things easily, you might do so. If you can get cheap boat insurance easily, there’s no harm in heading that route. Whether you own a boat that is tied to a dock or you have it stored in your trailer, you need to get your hands on cheap boat insurance as soon as possible.

Your boat is an investment and you want to make sure that it is covered. It is like a house or a car. It is an asset and it definitely needs insurance. You want to be covered just in case something happens to it.

You can easily secure cheap boat insurance by going online. Because of the demand for insurance right now, you will realize that you are just one in a million of investors who are thinking of investing their hard-earned cash in insuring their boat. Continue reading ‘How to Find Cheap Boat Insurance’ »

Windsurfing insurance or sailboard insurance as it is sometimes called, can be a fairly low cost expense. Most insurance companies will offer cover for your windsurf board on coastal and inland waters. They will cover you during travelling to and from the water and also if you store your board in a secure locked area.

Standard practise is to provide cover for accidental loss or damage, fire and theft. Your policy should include Public Liability insurance, as this is often a requirement before you are allowed on many inland waterways. Continue reading ‘Why Windsurfers Need Insurance’ »

Bass boat insurance is specifically designed for the unique needs of people who love to go fishing. The standard insurance policy won’t generally cover the needs of an owner of a fishing boat. There are restrictions on size, types and speed of propellers, and other factors that are often waived by insurance firms.

This type of insurance is intended for people who are really serious about fishing. That is why the kind of boat they own is a very important factor when they’re filling up their insurance quotes.

It is important to note that insurance quotes include limited commercial use. This is to ensure the risk coverage that is associated to fishing and other competitive incidences.

A sign that the insurance is credible is when it comes from an insurance provider that offers 24/7 assistance. Continue reading ‘Cheap Bass Boat Insurance Quotes’ »

Insuring your motorboat really is important. Although many of us are looking for ways to cut back on spending during this recession, do not stop paying for your insurance! During the past few years more and more people had the money to buy motorboats. So there are a lot of novice boaters handling powerful fast boats. Some of these boaters have taken to the water without any tuition or instruction on handling boats. As you notice when watching some of them moor up! It is funny from a by-standers view point to witness some of the collisions and scrapes these novice boaters get themselves into. However, for the victims of these mishaps it can prove not only expensive but inconvenient at the same time.

So it is important to insure your motorboat against damage. Damage you may cause and damage to your motorboat from other boaters. Third Party Liability Insurance is not only sensible to have but on some inland waterways it is necessary as a by-law before you can use your motorboat. If you get a quote for Third Party Liability Insurance of say £2,000,000 you will be surprised how cheap such cover can be! Continue reading ‘Why You Need Motorboat Insurance’ »

While many boat owners understand that it is just as important to insure your boat as it is a car or truck, some people may be tempted to insure their boat for only part of the year. Much of this temptation arises from the fact that many people only use their boats at certain times when the weather is pleasant, like the spring and summer months.

During the winter and fall, many recreational boaters choose to store their vehicles in dry-docks, garages, and parking lots, while snows and cold weather keep them off the lakes and rivers. Because they do not intend to take the boat out on the water, some boat owners make the decision to cancel their insurance coverage for the off-season and renew it again when prime season begins.

Some people choose to take such actions because they believe they may save money by removing their insurance payments for part of the year. Unfortunately, this may be a mistake, because accidents can still occur even if the owner believes the boat is safely stored. If a person suffers injury near a stored boat, the owner may still be held liable for injuries and expenses as a result. Continue reading ‘Insuring Your Boat in the Off-Season’ »

Consider this scenario: You win the lottery and, finally, your dream of owning a yacht comes true. Now you are rich enough to buy one and that’s exactly what you do. Then you may think to yourself, “I don’t need boat insurance. If my boat gets damaged in an accident, I have so much money that I can just pay for the repairs myself.” This may be true, but you also need to consider the liability coverage that a boat insurance policy offers as well. Liability coverage is a lot more important than physical damage coverage, especially since you just won the lottery.

Here’s why liability coverage is important for lottery winners. When people know that you are rich, you could be a target for lawsuits, especially frivolous lawsuits. They know you have the money and you would be able to pay. Do you really want to risk losing all of the money that you won in the lottery? Of course not! Continue reading ‘Boat Insurance For Rich Lottery Winners’ »

If you are making a payment for your boat insurance and you don’t know where to start, you shouldn’t wonder anymore.

If you check out the boat insurance quotes that are available all over the web right now, you get a clearer picture of the process that you have to do when you get boat insurance.

Remember that insurance from one provider differs to the next. With the help of boat insurance quotes, you get a preview of the policies and the features that are included in the plan that you want from the provider you prefer.

Seeing these prizes side by side give you better picture of which plan you can actually afford and how much you would save if you get this from one provider and not the other one that offers it a more expensive rate. Continue reading ‘Find Cheap Boat Insurance Quotes’ »

Thinking about buying a boat? Before you pick out the water craft of your dreams you will want to investigate the various kinds of marine boat insurance available. Do you want to buy insurance from the agent who handles your home and auto insurance? If you do there is probably an additional discount available because you already have multiple policies with that carrier. What about finding a marine boat insurance agency that specializes in boats, personal water craft, yachts, etc.? If you had to make a claim which company would be more responsive? There are different schools of thought on which one would be best and I would let my bank account make that decision. If the coverage is similar then go with the least expensive policy.

Boat US has been providing marine boat insurance for over forty years and offers a wide range of provisions on every policy including $800,000 in extra fuel spill liability. Federal and state regulations have put the burden on boat owners to pay for any clean up necessary due to any kind of fuel spill in their waters. You also get the availability of twenty four hour seven days a week dispatch service for emergencies like fuel spills, break downs and even salvage operations. You get full salvage assistance without a deductible and you can also get towing assistance with no deductible in their premium program. Continue reading ‘Buying a Boat? Don't Forget the Insurance!’ »

Responsible boaters always ensure that they are carrying an appropriate level of boat insurance, but there are many discounts on marine policies that few consumers are aware of. A little bit of education on the different types of discounts available can literally save a boat owner hundreds or even thousands of dollars.

It is a proven fact that most boating accidents are the result of inexperienced operators, so it is in the best interest of boat insurance companies to ensure that their clients are both skilled and safe. As a result, there are often substantial discounts offered to boaters who have completed a U.S. Coast Guard approved boating education course. The classes are normally very affordable and often reduce the insurance premiums by at least 10-15%. Continue reading ‘Significant Discounts Available on Boat Insurance’ »