Summer is the perfect time to take your boat out to enjoy the hot summer weather. Before taking your boat out, it is important to make sure you have the right boat insurance coverage to ensure you are protected.
While some boats may be covered under your homeowners insurance policy, most larger boats are not. Your best bet is to get a boat insurance policy to make sure that your boat is properly covered. Boat insurance policies also provide specialized coverage that is not offered through homeowners insurance. You can choose from many different options, including water towing, wreckage removal, and uninsured boater insurance.
Boat insurance also includes replacement coverage. If you are relying on your homeowners insurance to cover you boat, it will only pay out the actual cash value of your boat if it is a complete loss, which can make it hard to replace your boat. Specialized boat insurance policies have the option of total loss replacement, which will replace your boat with a new boat of the same year and make.
Contact Scavone Insurance Center for all of your insurance needs.