If you are the proud owner of a boat, you probably know that there is a lot to maintaining your watercraft. Part of that care includes ensuring that you have proper insurance coverage on it. Some people rely on their homeowners’ insurance to maintain coverage. However, it is not just enough to depend on what your homeowners’ insurance may offer to cover your boat. There is a Naples, FL Boat Insurance Provider who wants to tell you what things you need to know about boat insurance.
Some people think that homeowner’s insurance takes care of boating coverage, but the actual fact is that any coverage at all under a homeowner’s policy will likely be for a very small boat with either a small engine or no engine, such as sailboat or a rowboat. If your boat is over $10,000, it will most likely require its own coverage. Like any homeowner insurance, boat insurance will cover you in a liability issue if someone should get injured on your watercraft. You can also choose between cash for a total loss or an equal replacement cost. Boat insurance also acts like auto insurance, in that in addition to bodily injuries, it covers property damage to other boats and.or the boating docks. You also get to purchase additional comprehensive insurance which insures against fire, flood, theft and vandalism.
Unique things about boat insurance is that you can suspend coverage for specific periods when not in use. To help boaters save money, insurers will offer the “agreed value” option. In other words, your boat will retain the sticker price value rather than the market price value when looking to get compensated for loss.
Ackerman Insurance Services provide such compensation for their clients when offering insurance. They offer their services to individuals and businesses in Bonita Springs, Florida, Naples, Florida and the surrounding areas. In addition to boaters’ insurance, they offer auto insurance, business insurance, commercial insurance such as for condos, flood insurance, homeowners’ insurance, motorcycle insurance, life insurance and many more options. For more information on a Naples, FL Boat Insurance Provider, contact Ackerman Insurance Services in one of their two locations or visit their website, . Tweet them on Twitter!!
