Four important considerations when you purchase boat insurance

Boat insurance is important if you own any type of watercraft. The Merhar Agency LLC is an insurance agency offering boat insurance. If you own a boat and you’re a consumer in the Willoughby, OH area, you can consult us regarding the boat insurance coverage options we make available.

Here are four important considerations to take into account when you purchase boat insurance:

The waters in which you’ll be navigating

One of the most important things boat owners need to know about insurance coverage is that coverage is typically limited to particular navigation territories.

When you purchase boat insurance, you should specify to insurance providers what areas you’ll want to be using your watercraft to make sure that your boat will be covered whenever you use it. 

The value of the watercraft that’s being insured

When it comes to collision coverage for your boat insurance policy, you should purchase enough coverage to cover the full value of your watercraft. 

The times of the year in which the boat is used

Many boat owners only use their watercraft during certain months of the year. If you keep your boat in storage throughout much of the year, you should discuss this with your boat insurance provider. You may be able to pause coverage or enjoy reduced premiums for the months of the year when your boat is in storage. 

The types of coverage to include

Types of boat insurance coverage include collision, liability, fuel spill, and wreckage removal coverage. You need to decide which types of coverage you want your policy to include. 

Contact Us Today

Let us assist you with meeting your boat insurance needs in Willoughby, OH. We can provide you with a quote on a boat insurance policy if you get in touch with us at The Mrehar Agency LLC.