Many boat owners have questions about the insurance coverage requirements for their area. In most states, if you have a boat with a motor, you are required to purchase liability insurance. For boat owners who have vessels without a motor, the circumstances are different. Read on to find out what your options are for boat insurance.
Should You Make An Insurance Purchase?
If you have a vessel that doesn’t have a motor but has substantial value, you can purchase a special policy which protects your craft from a variety of scenarios. Keep in mind, however, that most policies do not cover the boat when it is out of the water or in storage. If your vessel is in storage, the insurance of the storage facility would cover any damage that occurs when on the premises.
Finding Boat Coverage
Finding the right coverage for your boat without a motor can be challenging. Before you make a purchase, make sure you are doing business with a reputable insurance provider who can give you the coverage you need to prevent losses. Companies such as Insurance Solutions Inc. serving the residents in and around the Cullman, AL area can help guide you through the process and offer options that are designed to fit your individual needs. They have the products and service you need to protect your vessel and prevent losses as a result of covered events that take place on the water.
For more information about boat coverage for residents in and around the Cullman, AL area, call or stop by the office of Insurance Solutions Inc. They have the answers you need and can customize your coverage to give you peace of mind.