- Look for Discounts During the Off-Season. Most boat insurance policies have what is called a "lay-up" period, which is a time of the year when your boat will not be in use. If you have a watercraft policy with a lay-up period, check the dates. You may find that you're paying for full insurance even though you're not out on the water. Many insurers will extend your lay-up period, which will cut your premiums during the days or weeks that you aren't using your boat.
- Think Safety. Many insurance companies will give you great discounts if you have certain safety features on-board. One example is a wireless auto-tether. This device shuts down your boat's engine should someone go overboard. If your boat insurance is from the same provider as your auto policy, you may also be able to have your safe driving discounts extended to your boat policy.
- Take a Safety Class. Enrolling in a boating safety class can often result in deep discounts from your insurance company. The United States Coast Guard provides some of the best boating safety courses, but you can always check with your insurance agent to see what other organizations are offering classes in your area.
- Classify Your Boat Properly. Most insurance companies insure a wide variety of boats, including bass boats, small wood boats, house boats, speed boats and more. You don't want to pay for power boat insurance if you own a rowboat! Be clear with your insurance agent about the size, capability and purpose of your boat so that you don't end up paying higher premiums than necessary.
We'll help you save! Call Pro Player Insurance Group at (954) 316-4662 for more information on Fort Lauderdale boat insurance.
