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Lakewood, CO 80227
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Get Your Boat Ready for Summer
By: Jaci Buscher | Date April 26, 2014
With boating season just around the corner many people are starting to prepare their boats for those
sunny and relaxing days out on the lake. While getting your boat ready, though, don't forget to also
make sure your boat is properly insured. Here are five questions you should ask yourself before you
take your boat out for the first time this season:
1. Do I need insurance for my boat? Some people think that their boat is adequately covered
by an endorsement onto their homeowner's policy. However, that simply is not true. Many
homeowner's policies set limits on the size and value of the boat that they will insure.
Furthermore, a separate boat policy provides broader coverage for your boat in the event of
2. Will my personal property be covered? Life vests, water skis, fishing gear, and inner
tubes can carry hefty price tags. That's why it is important to make sure all of your personal
belongings are covered by your insurance policy in case of theft.
3. What discounts are available? Many companies will offer multi-policy discounts so you
will want to look into what discounts you can get for insuring your boat with the same
company who has your auto or home insurance. There may also be discounts for insuring
multiple boats, jet skis, and other toys.
4. Is Towing and Assistance available? In the case that your boat breaks down in the water,
you don't want to be stranded. Towing and assistance coverage on your boat policy will cover
the cost of emergency fixes or the cost to tow your boat to a repair shop. This coverage
should also apply to your trailer if it breaks down while towing your boat.
5. Does the type of insurance I get depend on the type of boat I have? A boat policy is
pretty standard, but it is important to let your agent know the certain aspects of your boat
such as the type, speed, length, value, extra equipment, and frequency of use so that they can
ensure that you get the necessary coverages.
As always, if you have any questions about your boat insurance, give us a call and we will be happy to
help. We are here to make sure that you have fun and stay safe while enjoying the summer sun!