Boat/Watercraft Insurance in Florida

Many Florida residents will purchase a boat or watercraft because they enjoy the thrill of the ocean. While this is undoubtedly a source of entertainment, it is important that people remember to protect this investment with boat or watercraft insurance. For some Florida residents, they may be confused regarding the similarities and differences that boat insurance has when compared to auto or home insurance. Some of the most important similarities and differences are discussed in this post.

Similar to other policies, there are a variety of policies available for boat insurance

Most people who have purchased home or auto insurance understand that there are different levels of coverage that people can invest in. With boat insurance, people can choose to purchase as much of or as little protection as they need. Examples of policies include protection against theft, flood, fire, wind, or other damages. Furthermore, most boat insurance policies will provide coverage that will assist with medical expenses should anyone become injured while using the craft.

Unlike other policies, boat insurance can be suspended

Even in Florida, the weather can become too cold during the winter for people to enjoy their boat. Therefore, many people will elect to suspend their boat insurance during the winter months, also referred to as "laying up" their insurance. While this is a great way for people to save money on their boat insurance, it also places the boat and its owner at significant risk. Be careful to properly protect the boat during the winter months if laying up boat insurance coverage. REPLACE WITH SOMETHING ELSE

Residents of the Pinecrest, FL area who own a boat should consider contacting Hamilton Fox & Company for more information about a boat insurance policy. Hamilton Fox & Company understands the intricacies regarding a boat or watercraft insurance policy and is prepared to help everyone in the Pinecrest, FL area to find the boat or watercraft insurance policy to suit their needs.

To speak directly to an agent dial 855-4A-QUOTE (855-427-8683).