Florida Boat Insurance
January 10, 2014
Everything you need to know about Florida boat insurance
The old boat owner joke is that you aren’t actually purchasing about, but are instead purchasing a gigantic hole in the middle of the water that you continue to throw money at for the rest of your life.
And while there is certainly some truth to this, you’re going to want to make sure that you have protected your investment as best you possibly can with the very best boat insurance you can find. Any boat owner that has had to go through the nightmare scenario of making major repairs, upgrades, or necessary maintenance without critical boat insurance understands just how valuable boat insurance can be in the short term and the long term.
Why you absolutely, positively must have boat insurance in the first place
There are any different number of reasons that you may want to invest in boat insurance immediately after your initial boat purchase, some of them more obvious than others.
For instance, if you are using a lending service to purchase your new boat, the odds are fantastic that the specific lending company or financial institution is going to request and even require that you insure your boat completely in the same way that you would have insured your vehicle or home. Not only will that insurance protect you and your investment (as well as your financial future from complete and total ruin should something happen to your boat), but you’ll also be able to get better loans thanks to the protection that you’re affording the financial institution or lending body.
Secondly, you’re going to want to make sure that you invest in high quality boat insurance for your own peace of mind. There’s nothing quite like sailing out into a fantastic body of water knowing that regardless of what happens to your boat – and especially if nothing whatsoever happens to your vessel – you and your family are completely and totally protected.
How to invest in the very best boat insurance available
At the exact same time, you don’t want to just jump on any old offer for boat insurance that comes your way.
In fact, there are a number of a less than ethical businesses and companies in the boat insurance world looking to hook right into new be boat owners with big promises, low monthly payments, and a track record for success that is more than a little bit dubious – potentially landing you in the poor house if you’re not careful.
Luckily, there are a number of more than ethical businesses that you can move forward with when you decide to invest in boat insurance. You’ll want to make sure that the company like this, can provide you complete and total physical damage coverage, high quality liability coverage, passenger medical coverage, and any extra package (including, but not limited to towing assistance, maintenance, and other repairs that may not be covered by your general boat insurance) that you can think of.
Always choose to work with the very best of the best, and you’ll never have any reason to worry while you’re out on the water.