Cloverleaf Insurance
Cloverleaf Insurance Get A Quote

 

Subheader Auto Insurance Home Insurance SR22 Motorcycle Insurance Renters Insurance

Happy Couples on SailboatReady to set sail this summer? Before hitting the water, it’s important to ensure that your sailboat is covered with the appropriate boat insurance policy. You’re probably thinking that your homeowners insurance policy will cover your boat, and some do in fact. But, in most cases, that coverage is very limited. The better option is to buy a separate boat insurance policy from the same provider as part of your bundle.

Your independent insurance agent is an invaluable resource when it comes to shopping for coverage. Be sure to discuss the following with your agent:

·         Factors that affect your premium: Just like with your car, your boat’s make and model are taken into account when rates are calculated. So are other factors, such as the length, age, speed, condition and type of boat, along with cruising area, liability limits, deductibles and your driving record (both on the road and on the water).

·         Type of coverage: The two main types are agreed value and actual cash value. Agreed value covers the value of your boat at the time the policy was written, regardless of depreciation. Actual cash value covers the value of your boat at the time a claim is filed, meaning that a total loss may mean a payout substantially less than what you initially paid for the boat.

·         Options: You can purchase a comprehensive boat insurance policy or select the coverages that best suit your needs. If you customize your policy, you can select coverage options, such as liability, property, medical payments, personal effect, uninsured boater liability, towing and assistance, wreck removal and more. Ask your agent if your policy will cover equipment, such as oars, tools, seat cushions, lifejackets etc.

·         Discounts: Boating insurance doesn’t have to be a large expense. Cut back on the cost by taking a boater safety course, raising your deductible, maintaining a good driving record, sailing in fresh water, bundling your coverage with your current insurance portfolio and asking for off-season layup discounts.

Rest easy knowing that your sailboat is covered from the unforeseen. Speak with an agent today.

 We’re happy to help you find the right coverage. Call Cloverleaf Insurance at 800-530-5822 for more information on Illinois boat insurance.

Posted 7:57 AM

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Contact UsContact Us  
Motorcycle InsucanceMotorcycle Insurance

Missouri, Illinois,
Ohio, Indiana, Wisconsin


Please Enter Zip Code Above
  Refer A Friend
 
Illinois Rater for Renters Insurance
We are licensed in the following states for SR22 & non-standard auto insurance: Missouri, Illinois, Indiana, Ohio, Wisconsin, Oklahoma and Texas.
Home   |    About Us   |    Get A Quote   |    Contact Us
 
Cloverleaf Insurance BlogOur Blog
Cloverleaf Insurance NewsletterJoin Our Newsletter
Read more > Connect With Us Facebook Twitter LinkedIn Google+ YelpRSS
Powered by Insurance Website Builder