What are the best ways through which you can save money on your boat insurance?

Posted by Yacht Secure on July 24th, 2017

Over the years, boat insurance has gained a fair amount of popularity among many boat owners in the UK. The UK waters are now flooded with many types of big and small boats. It doesn’t matter whether you own a boat for sports competition, for commercial use or for commuting purpose, but you must have a valid boat insurance policy that provides you full 360-degree coverage to your boat. It is very important for the boat owners to compare the boat insurance quotes from various companies before buying a boat insurance plan. Once they have opted for the boat insurance then the policy coverage starts as soon as policy gets issued by the insurance company. However, it usually happens with many boat owners as they realize after buying a boat insurance policy that they could have bought the insurance at a very less cost.

Here are some smart ways through which you can save some money on boat insurance

Choose the right policy for your boat – Boat insurance policy provides an extensive coverage depending on the type of the policy you have opted for your boat. As per the Boatinsurance.org there are more than 15 types of boats that include including powerboat, sailboat, houseboat, bass boat, wooden boat, fishing boat, pontoon boat, personal watercraft and many others.

Get the best safety features on your boat: The amount of the premium of a boat insurance policy more depend on the safety features on your boat. It is the fact that the boats that have some advanced safety features like GPS navigation device, weather warning system, tethering devices and engine control systems need to pay less premium for the insurance policy then the boats that don’t have these safety features. The safety features ensure better safety of the boat and prevent them from any collisions or disasters.

Have some boating lessons and license of the professional sailor: If you are a professional sailor and have the fair amount of experience in sailing then probably you would get a good discount on your boat insurance policy. Boat insurance companies are now providing good discounts to the professional and certified sailors because when you are trained there is more likely that you can control or manage your boat very well.

Cut down the lay of a period: Lay of a period is the period during which you don’t use your boat and it is mostly parked. Most of the insurance companies provide the option to cut down the coverage of the policy term for the lay period and you may have to pay the less premium for the policy.

About the Author:

This article is written by Yachtsecure.eu Team. Yachtsecure.eu is your provider for Yacht insurances. Yacht Secure is far less known that there is also a variety of insurance options for the skipper and the crew for damage and/or injury cases.