Planning
on taking your boat out this season? In this economy, quality
insurance protection is the best defense when an accident happens
on the water. With boaters everywhere looking to safeguard their
boats without over-paying for insurance, now is the time to make
sure you have the right coverage to suit your boating lifestyle.
BoatUS Marine
Insurance would like to remind you of a few ways to save on insurance
and get the most value for your premium dollars.
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Choose the Policy that Fits You Best: Agreed
Value policies typically cost more but provide more coverage
and less out-of-pocket expense in the event of a claim. With
an Actual Cash Value policy, your premium is far less, but
you take on more of the cost to repair or replace your boat
in the event of a claim. Both policy types have benefits but
only you can decide which best meet your needs.
-
Look Into Reducing Your Agreed Hull Value: Review
the insured value of your boat and equipment with your Underwriter.
In today’s market many boats have reduced in value
so you may be paying for too much coverage.
-
BoatUS Policyholder and VP of Government Affairs Margaret
Podlich had two boats totaled by a neighbor's
tree while innocently parked in her driveway! |
Raise your Deductible, Reduce your Premium: If
you don’t submit small claims and can handle a larger
deductible, you’ll reduce your overall premium.
-
Opt
for Liability Only: If your boat is paid
for and you can afford to repair or replace your boat yourself,
consider a Liability-Only
policy that covers you if you damage someone else’s
property or injure a third party.
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Look into Premium Payment Plans:Many providers
(including BoatUS Marine Insurance) let you pay your premium
in installments allowing you to spread the cost over several
months.
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Insure with the Experts: Insure
with people who are experts in the field of boat protection,
that way you are working with professionals who understand
your unique situation, can advise on the best options and
provide the best service both from the start and if the
worst happens.
Don’t take your boat out on the water this season without the BEST protection for your boat and gear. In the end, it will save you time, money and the headache should an accident happen.
Check out the low-cost policy options available to you from the experts at BoatUS
Marine Insurance. Get a Fast
Free Online Quote or call 800-283-2883 for personal service. |
