3 Things to Know About Boat Insurance

In 2010 alone, over 70 million people in the U.S participated in recreational boating, so it only makes sense that insurers would have long since taken to this business like wildfire to a forest. All of the biggest names in insurance, from Allstate to Geico, offer boating insurance of some shape or form. Skimming through a boat insurance policy can leave you with too many questions to answer at once. So this article will answer the three most common. If you are looking for a boat insurance company in Suffolk County NY, here are the three things you need to know.

1. Why do you need it?

Boats can get damaged just as, if not more easily, than houses. If you think that the ocean is going to be more forgiving than solid ground, then you are in for a disappointment. Also, you will be equally as disappointed if you think that your homeowner’s insurance will extend to your boat. In the general sense, that is not the case. The most coverage you’ll get is for small boats that don’t have an engine, such as a sailboat or canoe.

2. Your auto insurance covers your boat when out of water

When your boat is out of the water, it’s safe to assume that you’ve hooked it up to your car to haul it somewhere. So if you accidentally back into someone, your boat insurance won’t be needed to cover the damages. With that said, you’d better make sure you have great auto insurance, because if you back into someone with your boat, then your auto insurance will provide coverage.

3. The best thing you can do is to take boating classes

A trained boater is a safe boater. If you take classes, sometimes you can save up to 5% on your boat policy. If you’re in need of a boat insurance company in Suffolk County NY, you can get more information at the Ginsberg Agency.

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