Issues to Consider:
-Is the amount of liability coverage adequate?
-Does your personal umbrella policy provide extra limits of liability?
-What are the navigational restrictions on the policy?
-Lay-up periods may save premiums for boats used only a part of the year.
-Review the amount of coverage on the hull, motor, and trailer regularly to be sure the coverage is adequate.
-Consider using higher deductibles to control premium.
-Does the policy include exclusions or limitations for certain operators?
-Does the policy include coverage for personal effects?
-Review the coverage for protection against injuries caused by a boater with no or low liability coverage.
-Some insurers include boat coverage as part of the homeowners' or personal insurance package.
-Are there discounts available for owners who attend boating safety classes?
-Small boats (rowboats, canoes and kayaks) may be covered by homeowners' insurance.
-Are there premium credits available for having your boat insurance with the same insurance company as your auto and/or home insurance?
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