If you are a lucky boat owner, you should think about getting boat insurance. The purpose of boat insurance is to cover loss or damage to your boat or watercraft and to protect you from such physical damages as theft, vandalism, and other accidents. If you are currently shopping for auto insurance, there are certain existing myths about it that need to be debunked:
Myth 1: Your Boat Is Covered By Home Insurance
Many boat owners mistakenly believe that they do not need separate boat insurance because their boat is covered by home insurance. Yes, some home insurance policies cover boats and watercraft as well, but their coverage is usually very limited and does not protect you and your boat from many things.
Myth 2: You Will Be Covered Anywhere You Go Boating
The truth is that most boat insurance policies cover only the specific area where you are typically boating, including the general area around it. Therefore, if you decide to go with your boat on vacation, there is a chance that your boat will not be covered.
Myth 3: Boat Insurance Is Expensive
In general, boat insurance is not as expensive as many people think. Moreover, there are ways to reduce your monthly premium. For example, you can take safety courses to significantly reduce the cost of your boat insurance.
Deluxe Insurance Group (Duluth) – Your Reliable Insurance Company In Minnesota
If you live in Duluth, MN or any other nearby town, and you are looking for proper boat insurance, Deluxe Insurance Group (Duluth) is the right company to contact. We are glad to provide you with all the necessary and accurate information about this type of insurance, answer all your questions, and help you find the perfect policy. Our company serves clients in Duluth, MN and other nearby areas. Do not hesitate to contact us any time – we are always here for you.