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3 Ways to Save On Boat Insurance

Owning a boat is a luxury. ?Be it a speedboat, sailboat, or a houseboat, it will take a lot of resources to keep it running its best. ?It can be one of the most expensive investments you make but it can also be one of the best. ?Just the sheer joy and entertainment you can have with your boat will surely be worth all the money and effort you put into it. ?

However, the investment does not end when you buy your dream boat. ?You have to think of the boat’s maintenance, parking, towing, gasoline, and of course, insurance. ?With all the expenses associated to owning a boat, saving a little extra on insurance is a good idea. ?Here are 3 great ways to save on your boat insurance.

Attend Safety Classes

There are many boat safety courses available nationwide. ?These classes cover a whole range of topics from boat safety, navigation, and maintenance. They are open to all recreational boaters of any age. ?These classes cover a wide range of safety topics from reading and handling the weather, all the way to navigation techniques and handling equipment. ?Special discounts are given by insurance companies if you attend accredited safety classes by the U.S. Coast Guard, U.S. Power Squadron, or the National Association of State Boating Law Administrators.

Install Safety Devices on Your Boat

Not all boats are equipped with the same safety equipment. ?Check on what is already included in our boat and look into what other devices you will need. ?You can qualify for additional discounts on your insurance policy if you outfit your boat with devices like:

  • Ship-to-shore Radio
  • Fire Extinguishers
  • Radar
  • Long Range Navigation
  • Satellite Navigation Systems
  • Theft Alarms
  • Depth Finder
  • Vapor Detection

Talk to your insurance agent on what other items are included as protective devices which qualify you for additional discounts.

Consolidate with Your Other Insurance Policies

If you own a boat, chances are you also own a house or a car. ?Possibly multiple for each. ?You can leverage multiple assets for your insurance needs. ?Put them all together and consolidate. ?Inquire on special packages that can cover your home, cars, and boat all in one policy.

Owning a boat can be much easier, more affordable, and hassle free. ?Protect yourself, your passengers, and your boat by choosing the right insurance for you. ?There is no better time than now.

At Velox Insurance, we offer flexible insurance policies that caters to your boating needs. You can get more information about our products and services by calling our agency at (855) 468-3569. Get your free quote today by CLICKING HERE.

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