Power Boat Insurance


Power boat insurance acquisition is very necessary for both, seasoned power boat enthusiasts or if you owned recently your first boat; agencies offer different types of coverage that generally depend on type, size, year, make, model of boat, size of engine, previous ticket and accident history, driver(s) age, value of vessel, size of water craft.

We know that you make a significant investment to buy your own boat, so you should very interested in the power boat insurance class to acquire, because more than an expense it'll be an investment also.

Power Boat insurance

A powerboat is a boat powered by an engine, this boat has a high power-to-weight ratio and a convenient design that allows an easy planning, higher speed and minimizes the resistance to air and drag. Many people use and/or buy a power boat for waterskiing and wakeboarding. We know that power boats are not cheap, so any risk, or accident, that could cause the cost of reparation or if it puts on risk your health, integrity, or the health from your beloved ones, it would makes logic to have interest in special insurance.

You must contact several companies that offer these services to take a good decision, those agencies will offer you insurance quotes to choose from according to your needs and your budget. Because nothing can compares to the experience of having your hair fly back across the open water with the potency of a power boat, if you want to enjoy this the fullest, you must count with power boat insurance.

An special insurance is more expensive than other standard insurance because of the cost of a power boat itself, the engine is specifically designed and any part is more expensive also, therefore, it costs a lot more to repair a boat with those characteristics that any other. If it's still too much money for you, there are some agencies that can take other of the insurances you acquired before and combine it all in a package with special price that will consider a considerable discount.

However, you can do some research and contact each agency, contacting them and asking for quotes in order to compare and take the best decision; on the other hand, you can use some online services that provides you all quotes from most popular agencies in minutes, to let you compare and decide.

You must think in the following range of coverage if you want a complete service:

  • Personal Property
  • Towing and Assistance
  • Physical Damage
  • Trailer coverage
  • Uninsured Watercraft
  • Total Loss Replacement Option
  • Increased limits on Liability
  • Medical Payments

And, although this insurance is not required by law, remember that liability coverage could be a good idea. Remember that besides your house, your boat could be the more expensive property you have, and you need to insure adequately against accidents, leakage, theft, malicious damage, etc.

If you want to be sure that the policies and the whole insurance is convenient and pays its cost, you can hire an specialist insurer to give you advice to make the right decision.