When it comes to boat insurance in Virginia, there are a few things that you need to know. From the requirements and costs to the policy factors that are important to boaters, understanding the ins and outs of boat insurance is essential. But how much does boat insurance cost? That's a difficult question to answer as there are many elements that affect the cost of boat insurance, such as the location of the boat, the operator's experience, the size and type of boat, and the use of the boat. Using our quick quote can help you determine the cost of boat insurance.
You can get a quote in about 90 seconds for most ships or you can call 800-477-7140 to request a quote. Price isn't always the most important factor when considering boat insurance. There are a lot of differences in boat insurance policies, so if you take out insurance just for the price, you may find that you don't have the coverage you expected in the event of a loss. It's important to take out your boat insurance with an expert boat insurance agent. There are many elements that affect your boat insurance premiums, such as where you use the boat.
Coastal areas generally cost more than inland areas, and hurricane-prone areas cost more with higher deductibles. Most companies will allow you to get a discount if you complete an approved boating safety course. Having an acceptable driving record can also keep your insurance costs low. The helmet deductible you select can lower your premium.
Additionally, buying a boat with which you have a similar experience and avoiding older boats or high-performance boats can help keep your insurance costs low. Staying free of claims also reduces the cost of your insurance. Most of the insurance companies we represent have discounts for successfully completing an approved safe browsing course. The courses approved by the National Association of State Legal Navigational Administrators (NASBLA) include courses taught by the Coast Guard Assistant, the Power Squadron and others. Since no two policies are the same, it's not easy to answer what losses does boat insurance cover. All companies represented by United Marine Underwriters are all-risk policies, meaning that everything is covered except for what is specifically excluded.
To find out what's covered, review what's excluded. We offer agreed-upon value and real cash value policies. We offer a 50% down payment and the remaining 50% is due 30 days after the effective date of the policy. We also offer a 20% down payment with 4 monthly payments of 20%. You can pay by check, e-check or credit card. You should review the specific navigation allowed in the policy as some will automatically include Mexico and others will not.
If the boat insurance policy offers navigation in Mexico, this would only be to cover physical damage. Mexican law requires that all ships have liability insurance issued through a Mexican insurance company. We can help you obtain liability insurance issued by a Mexican insurance company. Our web quotation system is designed to issue quotes automatically but if your information does not meet these automatic quote parameters, then your quote will require our review. Items that require our review include but are not limited to ships over 25 years old, navigation losses, previous ownership of a ship, and whether the ship's maximum speed is greater than 60 miles per hour. If your model doesn't appear in the list when using our Boat Lookup quote screen then select Skip boat search and you can provide us with the information manually. All boat insurance policies are for 12 months but in winter climates we can write the policy with a reduced premium. Only the owner of the boat title can purchase a boat insurance policy.
If the boat is not insured in the name of the title owner then there is no coverage on the boat. You'll need to get an identification card from your auto insurance agent as boat insurance policies do cover physical damage to trailers but liability during towing is covered by your car policy. The general answer is that anyone you give permission to use the boat is covered but there are exceptions such as professional marine personnel and if the boat insurance policy is backed by a designated operator then only listed operators can operate the ship. You can request that we approve your temporary use policy during expiration and we accept online payments.