Author Box
Articles Categories
All Categories
Articles Resources

How To Choose A Good Marine Insurance

April 22, 2011 | Comments: 0 | Views: 75

Before actually purchasing your new boat, check out the different types of boat marine insurance as marine insurance varies depending on the type of boat you are purchasing and different companies have bonuses and rewards that may not apply to all types of boats. The price of the many different types of boats available today will also have an effect on the type of policy and terms and conditions available to you.

Choose at least 3 reputable marine insurance companies to check out all relevant details for your boat.

Be sure to read fine print of each policy - you don't want any surprises in the event you need to make a claim.

To get a competitive price for your marine insurance quote ask at least 3 well known companies for a quote.

Check no claim bonus and if there is full cover on and off the water, also if boat excess is waived if your boat and car are both damaged and both insured with the one company.

You would want flexible payment options including monthly payments. Access to 24/7 Helpline assistant service would be important also and check the 24/7 claims service is paperless, making claims quicker and easier to finalise.

you need to check out every detail on the type of marine policy you choose as they are all worded differently depending on type of boat, sleeping capacity, number on board at any one time, facilities available, modifications, safety equipment and procedures etc.

It is important you choose the correct one to suit your vessel to make sure you are covered for absolutely any emergency when moored or at sea and check you have all the necessary equipment on board and policies are paid up and everything is in place before venturing out to sea.

if you are buying a second hand vessel it is advisable to have an expert go over the boat to ensure everything is in top shape before you hand over any money and make sure your marine insurance company is aware of all the details of sale and condition of the boat or the boat marine insurance may be invalid, which may possibly involve a lengthy and costly refit to ensure the vehicle meets strict marine insurance regulations.

You should also seek advice on upkeep of vessel if you are not entirely sure of these things yourself and all areas internal and external and the bottom of the boat need to be checked regularly to make sure there are problems inside or out.

Maintain your boat in the correct way and you will have many years of trouble free sailing for all your friends and family to enjoy.

Protect your boat now. Get marine insurance quotes

Source: EzineArticles
Was this Helpful ?

Rate this Article

Article Tags:

Marine Insurance


Boat Marine Insurance


Good Marine Insurance


Marine Insurance Quote

Auto insurance is probably one of the most expensive insurance types in Canada. An average car insurance policy in Canada costs approximately $1,200 per year and in Ontario, the largest Canadian

By: Alex Saltykov l Insurance > Car Auto l July 09, 2013 lViews: 553

Your house is often your largest investment that you need to protect via insurance. We created a list of multiple savings tips related to Home insurance and hope that these will help you to save a

By: Alex Saltykov l Insurance > Home Owners Renters l December 27, 2012 lViews: 380

Most auto insurance companies design specific car insurance policies for classic and antique cars. If you think you have a classic car and want classic car insurance, you will need to be sure that

By: Richard l Insurance > Car Auto l October 17, 2012 lViews: 570

Business Overhead Expense Insurance Plans can provide cash flow to the business in the event of a disability to a key employee or owner. For a small, growing company it might make the difference

By: T. Spencer White l Insurance > Disability l July 17, 2012 lViews: 243

Workers compensation costs are rising. According to a recent report by the Workers Compensation Research Institute (WCRI), indemnity costs per claim (the loss of earning capacity, payments for lost

By: Kelly C. Williams l Insurance > Workers Compensation l July 08, 2012 lViews: 221

One of the most helpful government programs out there is the SSI Disability program. A person that is legitimately disabled, and cannot work to provide an income for themselves for their family

By: Oleg Winter-Burnett l Insurance > Disability l July 04, 2012 lViews: 282

If you own a boat, whether it's a sailboat, power boat or yacht you will want to have the right marine insurance to protect your watercraft and the people on it. Boats provide great fun and

By: Kevin McLaughlinl Insurance > Watercraftl June 07, 2012 lViews: 135

If your yacht is over 26 feet long then it is a requirement for you to have a yacht insurance policy in force. Insurance for yachts that are less than 26 feet long is technically referred to as boat

By: Tony Lordl Insurance > Watercraftl June 02, 2012 lViews: 150

Sailing off into the distant blue, has the favorable effect of blowing away your life's strains and cares with the blowing wind. Yet, before you voyage off in your attractive boat, take five and

By: Tony Lordl Insurance > Watercraftl May 20, 2012 lViews: 161

If new to owning a boat, you might be hoping that an existing homeowner's insurance plan will feature an extension for boat coverage. Sadly, this is not the case in most instances.

By: Arran Jamesl Insurance > Watercraftl April 20, 2012 lViews: 173

It is exactly 100 years since the pride of the White Star Line, the RMS Titanic, hit an iceberg in the Atlantic Ocean and sank with the loss of over 1500 lives. The centenary has prompted many

By: Dave Healeyl Insurance > Watercraftl April 20, 2012 lViews: 286

To save you the hassle, this article will take a look at some of the most common reasons that people are denied boat insurance. Make sure that your boat does not fall into these categories and you

By: Amanda Rodriguezl Insurance > Watercraftl April 05, 2012 lViews: 153

Discuss this Article

comments powered by Disqus