Here at Brevard Insurance Agency Inc, serving the greater Brevard, NC community, we often get asked about the different types of boat insurance. While each policy is unique, there are some common elements that are typically included in most boat insurance policies.
Here are the different types of coverage you can get with a boat insurance policy:
This is the most basic type of coverage and is typically required by law. Liability coverage protects you from financial damages that you may be held responsible for if you cause an accident while operating your vessel. This includes property damage as well as bodily injury to another person.
Most liability policies will have a limit on the amount of coverage they provide. This means that if the damages exceed the limit, you will be responsible for paying the difference out of your own pocket. For this reason, it’s important to choose a policy with a limit that meets your needs.
As the name implies, collision coverage provides protection in the event that your vessel collides with another object. This could include another boat, a dock, or a fixed object in the water. Collision coverage will pay to repair or replace your vessel up to the limit of your policy. Like liability coverage, collision coverage typically has a limit, so it’s important to choose one that meets your needs.
Comprehensive coverage is similar to collision coverage in that it provides protection for your vessel in the event of an accident. However, comprehensive coverage goes a step further and also provides protection from damages caused by non-collision events such as theft, vandalism, fire, and weather damage. Comprehensive coverage typically has a deductible just like collision coverage does, so be sure to factor that into your decision when choosing a policy.
Give Us A Call
There are many different types of boat insurance policies available, and each one offers its own unique set of benefits. The best way to figure out which policy is right for you is to speak with an experienced agent who can help you assess your needs and find the right solution. Contact us today at Brevard Insurance Agency Inc in Brevard, NC to get started.
Brevard, NC has continued to be a growing part of North Carolina and offers a lot of great places to live and own a home. If you are a property owner in this region, it would be ideal to get the right insurance for your home. For many, this can mean getting flood insurance. There are various reasons why you should get a flood plan in this part of North Carolina.
Flood Insurance Coverage: What You Need To Know
One of the main ways you can be covered by a flood insurance plan is to receive coverage for your assets. If you are in a part of North Carolina that is prone to floods, the impact on your property and personal belongings can be significant. Fortunately, if you select a flood insurance plan, it will offer the coverage needed to mitigate this risk and concern as it will offer coverage for your dwelling and personal items.
You also will want to have a flood insurance plan to ensure you are in compliance with any obligations. If you choose to invest in a home in a flood zone, you will be obligated to carry a flood insurance plan by a mortgage lender and many home associations. When you get the necessary coverage, it can help ensure you remain in compliance and in good standing with the requirements.
Give Us A Call
It is clearly a good idea for those that are at a high risk of flood damage to get a flood insurance plan if they are in the Brevard, NC area. Once you are ready to start shopping for a policy in this area, it would be helpful for you to call Brevard Insurance Agency Inc. There are a lot of choices to make when choosing this coverage, and Brevard Insurance Agency Inc can help ensure you select an ideal plan.
Similar to homeowner’s insurance, boat insurance for residents around Brevard, NC is highly recommended. Boat owners or those who are thinking of purchasing a boat should contact Brevard Insurance Agency Inc to assist you with finding the best coverage and policy that suits your needs.
Why Do I Need Boat Insurance?
Boating is a popular activity here in North Carolina, and because of this, accidents do happen. To give you peace of mind when using your boat, entertaining family and friends on the water, and participating in the water sports we all enjoy, boat insurance is essential.
Owning a boat is a large investment, and should be protected as such. Boat insurance protects your investment in the event of damage and also minimizes the liability you could face in situations where damage or injury are relevant. While you may be a safe and educated boat owner, you can’t control the other knowledge and skills of others on the water, which is worth considering when you are thinking about getting boat insurance.
Insurance helps to offset the risks of operating a boat in the water. In the event of an accident, repair, or any other damage, you will want to ensure you are properly covered so you aren’t responsible for coming up with a large sum of money to make the necessary repairs.
If you’re going to make a financial investment in a boat, do your due diligence and shop around for the best coverage in boat insurance for your own peace of mind and investment protection of your vessel. The experts at Brevard Insurance Agency Inc specialize in boat insurance and can help you find the best insurance policy in and around Brevard, NC.
With boats being such a large and important investment, it is imperative that boat owners treat their vessels with care year-round, but particularly during the harsh winter months. For first-time boat owners, recognizing the need to care for your boat properly is the first step, while putting in the time, effort, and money to actually do the work is second. Although snow is not common in North Carolina, it isn’t practical to use your boat during the winter months, so knowing how to store it and prepare it for the next season is key.
When winterizing your boat, start by deciding where to store it. Depending on whether you use a marina to dock your boat when it is in use, you may be able to winterize it at the same site. When choosing a storage facility, start by finding ones that specialize in boats and talk to other owners by asking for their recommendations. Depending on your level of expertise and knowledge, you may be able to winterize the boat yourself instead of hiring a professional. Start by cleaning the boat from top to bottom to ensure that dirt, grime, sand, and salt are removed from the hull to prevent deterioration. For the engine, start by topping off your tanks, replacing the engine oil, and checking the filters. Additionally, visually inspect every hose, belt, and clamp on the boat to ensure they are properly working.
When it comes to protecting your boat, the best thing you can do is to have insurance. Given the sizable investment that you have made in the purchase, having adequate insurance to protect from damage and also to minimize liability is important. Give Brevard Insurance Agency Inc. in Brevard, NC a call, and one of our friendly team members will help you find the perfect boat insurance policy.