10 May Do I have the Proper Boat Insurance?

When it comes to insuring your boat, many people think that they can tact it onto of their home or auto insurance. This is not the case. Different boat insurance policies are created for different types of watercraft’s. There are many factors that go into a boat insurance policy, age of boat, speed/horsepower, where will it operate, value, are just to name a few. How you plan to use your boat can also determine the type of insurance coverage that you need.

Every insurance policy for watercraft’s are different, meaning you can add extra coverage to fit your needs. Although most boating policies will cover anchoring equipment, trolling motors, seat cushions, etc. other essentials such as towing and medical payments can be included in your insurance policy.

Make sure you talk to an agent that has specialized policies for your boat and understands your needs, coverage can be confusing so going online to try and do it yourself might not be the safest and easiest thing for you. An independent agency, like Spivey Insurance Group can shop the boating insurance market for you so you don’t have to worry, it’s our job. Remember the key aspects of your boat and what you will be using it for. Simply put, do not buy insurance for a yacht when you have a fishing boat. For more information regarding watercraft insurance click HERE.  If you have any questions about insuring your boat for the summer, give the agents at Spivey Insurance Group a call at 704-821-4460. Share with us what you will be doing with your boat this summer on Facebook, Twitter, Pinterest, Instagram, and Google Plus!