The function of Pompano Beach boat and yacht insurance, and other forms of marine insurance, is the protection of a broad range of vessels and other related items from damage, loss and theft.
Boat That We Insure
At InsureAnyBoat.com, we can insure just about any type of boat that can be insured, including:
- commercial charter boats
- cruisers
- high performance powerboats
- open fishing boats
- sailboats
- sport fishing boats
- yachts including mega or super yachts
It is extremely important to consider insuring your commercial or personal watercraft, even though the state of Florida does not require that you have it; unless you are still paying off a bank loan on your vessel. If you own your vessel outright, you should at least consider having liability coverage. In fact, there are many marinas in South Florida that will not allow any vessel to be stored at their facility if it is not protected by a boat or yacht insurance policy in Pompano Beach.
What to Consider
Whether you own a small open fishing boat or a super yacht, it’s very important that you protect your investment with some form of marine insurance. However, the market is very complex and there are dozens of boat and yacht insurance companies to choose from in Pompano Beach. The problem is finding a company that can facilitate your marine insurance needs without breaking the bank.
At InsureAnyBoat.com, we offer customizable marine insurance packages that can be tailored to meet your unique boating needs, and stay within your budget in the process. Whether you already have insurance or are purchasing it for the first time, we suggest you consider the following prior to choosing an insurer:
Agreed value vs. actual cash value (ACV) – Overall, an actual cash value or ACV policy will cost you less. However, they factor in depreciation when determining the amount to reimburse you for damages or replacement costs if it’s a total loss. For instance, if your GPS equipment is ruined while you are out on the water the insurer will reimburse you for the same previously owned equipment. Conversely, an agreed value policy will reimburse you the agreed upon property value, but it will cost you more than an ACV boat or yacht insurance policy.
Purchase your policy from a specialist – While most of the major name US insurance companies can provide insurance for boats, yachts, and other watercraft, you should purchase your policy from a marine insurance specialist like InsureAnyBoat.com. We have built long-term relationships with many the leading insurers in the United States. So, we can provide you with an extensive range of product choices.
Salvage cost limitations – It’s always smart to avoid marine insurance policies that deduct a salvage company’s fees from the total coverage limit when they recover your vessel. This is especially true if you have purchased an agreed value policy. The ideal boat or yacht insurance policy in Pompano Beach will not only reimburse you for repair and replacement costs, the will also pay for the salvage fees. This will prevent coming up short whenever you are required to file a claim.
Why Choose InsureAnyBoat.com?
For years, we have proudly served customers in Pompano Beach, and other areas along the Atlantic coast, from Jacksonville to Miami and Coral Gables. We are committed to making marine insurance policies easy to purchase by using advanced technology, offering invaluable expertise, and providing responsive service. We take a solution-oriented approach to marine insurance. You will have peace of mind knowing that you have chosen the right company. Additionally, the policy that you will select will meet all your insurance needs.
But most importantly, we pride ourselves on providing the best coverage at the most competitive rates. For additional information, as well as Pompano Beach boat or yacht insurance quotes, please call InsureAnyBoat.com at 1-800-585-1665.
