Top Factors That Affect Watercraft & Boat Insurance Premiums?
description
Transcript of Top Factors That Affect Watercraft & Boat Insurance Premiums?
Top Factors That Affect Watercraft & BoatInsurance Premiums
1 Credit Score
As for any insurancecoverage, a good creditscore is essential for alower insurance premium
2 Driving History
Records for both boatingand driving areconsidered whendetermining the costs ofa policy
3 Navigation Territory
You are likely to get alower insurance rate ifyou intend on taking theboat around a small localwaterbody that facesless risk
Choice of Coverage
Opting for a highdeductible will lower yourwatercraft & boatinsurance premiums
4
5 Added Safety Equipment
Having extra safetydevices like radars andGps systems onboardcan help you save oninsurance costs and keepyou safe
6 Storage Location
Boats that are stored in aprotected zone orstructure like a shed areless likely to getdamaged and needrepairs
Thank you!