Sunny days on the water can help you escape the heat. However, before you sail over the horizon, make sure your boat insurance policy provides the coverage you need. This may include damage to your boat or other boats, as well as the equipment and passengers you carry. Whether your dream vessel has sails or engines, boat insurance can help you protect your investment. Keep reading to find out more about boat insurance and call NCIB Group Inc. in Chicago, IL with further questions.
What Kind of Insurance is Available for My Boat?
The age, type, size, and value of your vessel determines how much you pay for insurance. Typically, you can choose from the following types of coverage:
- Bodily injuries as a resulting of boating
- Property damage such as vandalism or theft
- Property damage caused by your boat
Boat owners have other types of policies to choose from to safeguard passengers and even attached boating equipment. With NCIB Group Inc., you retain the help of an independent insurance agent to help you make an informed decision.
Is My Boat Covered in Winter?
When you stow away your boat for the season, you may feel like you no longer require coverage. However, fire, theft, and other events can cause expensive damage. With the right policy, you can protect your vessel any time of the year.
How Far Does My Coverage Extend?
Your coverage will probably extend well beyond Chicago, IL. Ask your insurance agent what parts of the county — and Canada — your policy covers.
Does My Insurance Cover Hurricanes?
If you commonly tow your boat out to the Atlantic for long trips down the coast, hurricanes could be a concern. The weather events covered vary from policy to policy, so this is a great question to discuss as you narrow down your options.
When you need a knowledgeable agent, you can turn to NCIB Group Inc. in Chicago, IL. Stop by or contact us today to discuss your boat insurance needs or to obtain a quote.