Not yet, but as soon as the temperature starts to drop and the days get shorter, it’s time to start thinking about putting your watercraft into storage for the off-season. It’s important to remember that just because you aren’t using your boat or jet ski doesn’t mean it’s not at risk for damage or theft. In this blog post, we’ll discuss why you need insurance for your watercraft during the off-season and what you should look for in a policy.
Why Do You Need Insurance for Your Watercraft During the Off-Season?
First and foremost, your watercraft is a valuable asset that you’ve invested in, so it’s important to protect it all year round. Even though you aren’t using it during the off-season, it’s still at risk for damage or theft. Winter storms can cause damage to your boat if it’s not properly stored, and thieves may see the off-season as an opportunity to steal unattended watercraft. Having insurance coverage for your watercraft during the off-season can give you peace of mind knowing that you’re protected from these risks.
What Should You Look for in a Policy?
When it comes to choosing insurance coverage for your watercraft during the off-season, there are a few key things to consider. Make sure you choose a policy that includes protection for theft, vandalism, and damage from weather-related incidents. You should also make sure that the policy covers the full value of your watercraft. Additionally, check to see if the policy includes liability coverage. This is especially important if you store your watercraft in a location where other people may have access to it, such as a marina.
How to Save Money on Your Watercraft Insurance
While protecting your watercraft during the off-season is important, it’s also important to save money on your insurance costs where possible. One way to do this is to increase your deductible. This means that you’ll pay more out of pocket if you need to file a claim, but your monthly premium will be lower. You can also save money by bundling your watercraft insurance with other insurance policies, like your home or car insurance.
So, even if you aren’t using your watercraft during the off-season, it’s still important to have insurance coverage to protect it from damage or theft. Look for a policy that includes protection for theft, vandalism, and damage from weather-related incidents, as well as liability coverage if necessary. By choosing the right policy and taking steps to save money on insurance costs, you can ensure that your watercraft is protected all year round.
Let your local insurance specialists at Orlando Insurance Center help you save in the purchase of insurance bundles. Give us a call today at (407) 680-1214— for an initial consultation and quotes from among 20 different insurance carriers who support us!