Whether its your weekend getaway, you are a boat enthusiast or it’s your home, owning a boat is a big investment and is many peoples pride and joy which they want to last as long as possible, and with the right boat insurance policy this can be easily achieved.
Not only is having insurance a legal requirement, but it is also important to invest in a comprehensive boat insurance policy so that no matter where you travel you will always be safe in the knowledge that you and your boat are protected. The right boat insurance policy will not only protect your boat but also if you experience mechanical difficulties or damage your upholstery and contents.
Because most boats are unique, when searching for boat insurance cover, owners must be aware that some insurers will provide quotes for all boat body styles while others will be more selective over the type of boat they’re willing to insure.
Insurance companies won’t pay out for certain risks or some types of loss or damage. These are called exclusions and will be clearly set out in the terms of the policy. Although exclusions will vary between insurers and policies always ensure you read the small print when choosing the policy for you.