In addition to buying a home, purchasing a new vehicle, and sending your children to college; a boat or yacht is one of the larger investments you’ll make in your lifetime. And just like those other large purchases, you’ll want to protect it with a Coral Gables boat or yacht insurance policy from InsureAnyBoat.com. No matter what type of boat or yacht you have, it’s important that you, your passengers, and your vessel are protected against bodily injury, liability, physical damage, and any other issue arising while you are on the water.
The Need for Marine Insurance
One of the common misconceptions among some boat owners is that their vessels are covered under their homeowner’s insurance policy. However, this is rarely true. After all, you wouldn’t expect your homeowner’s policy to protect any of your vehicles. So why would you think your boat or yacht would be covered? Just like with your vehicles and your place of residence, InsureAnyBoat.com does not offer a one-size-fits-all boat or yacht insurance policy in Coral Gables.
So, when you are selecting the best policy for your needs, it’s important that you read all of the fine print, know what coverages you have, and understand any of the limitations that may apply to each. While your homeowner’s policy may cover your boat under a personal property protection clause, that coverage won’t be very extensive. There are usually restrictions based on the horsepower, and size of your vessel. While it may be covered in the event of loss; any liability claims against you will not be covered. You may wish to speak with one of the insurance company representatives, or call to know more about the coverage and policies.
Initial Considerations
Before contacting a boat insurance Coral Gables company for insurance quotes, there are a few important factors to first consider. While the cost of your premium is going to play a significant role in the decision-making process, here are three (3) initial considerations to think about:
Do you want your vessel covered during the entire year? If you are not going to be using your vessel during certain periods of the year, InsureAnyBoat.com allows their clients to “lay-up” or suspends their Coral Gables yacht or boat insurance during those non-use periods of the year. This is one way that we can help you save money on your premium; especially if you won’t be using your boat for several consecutive months in a row.
Is your vessel covered when leaving the US? As the premier marine insurance agency of Florida, we understand how easily someone can travel outside Floridian waters such as the Bahamas. However, if your boat or yacht is not covered when you leave US waters, you’re putting yourself, your passengers, and your equipment at great risk. If you are going to venture out of US waters on a regular basis, then it’s very important that you address that in your policy. We can help you with the best coverage options and a premium rate that fits within your budget.
What type of vessel do you need to insure? While there are dozens of boat insurance Coral Gables companies, you want to choose a company that specializes in a broad range of marine insurance. This will help you shop and compare policies before you buy. The specialists at InsureAnyBoat.com can provide customizable insurance policies that are unique to your specific requirements and can develop policies for:
- commercial charters
- cruisers
- high performance powerboats
- open fishing boats
- sailboats
- sport fishing vessels
- yachts (including mega or super yachts)
You can see from the above list that, unlike some of our competitors, we also provide commercial boat insurance packages for those who need that type of coverage. For additional information about coverage that we provide, please call InsureAnyBoat.com today at 1-800-585-1665 for Coral Gables yacht or boat insurance quotes.
