Big BoatDo you want to bring your new boat on her maiden voyage? Maybe you have been boating for a long time, but you're searching for a method to spend less. Regardless of the situation, you will find that there are many methods for you to lower your insurance premium. Here are some of the best ways to do that.
  • Search for Discounts During the Off-Season: Most boat insurance plans have what's known as a "lay-up" period — a time of the year when your boat isn't being used. If you have a watercraft policy that includes a lay-up period, take a look at the dates. You might find that you're paying for full insurance despite the fact that you aren't on the water for months at a time. Many insurance companies will extend your lay-up period; that can reduce your rates during the times of the year when you aren't using your boat.
  • Think Safety: Many insurance providers offer great discount rates on boats that have certain security features on-board. One example is a wireless auto-tether. This device shuts off your boat's engine if someone goes overboard. In case your boat insurance comes from the same provider as your auto policy, you may even have the ability to have your safe driving discounts extended to your boat policy.
  • Take a Safety Class: Signing up for a boating safety class can lead to deep discount rates from your insurance provider. The U.S. Coast Guard provides some of the best boating safety courses, but you can always check with your insurance agent to determine which other organizations are offering classes in your area.
  • Classify Your Boat Correctly: Most insurance providers cover a multitude of boats, including bass boats, small wood boats, house boats, speed boats and much more. You shouldn't purchase power boat insurance if you own a rowboat! Be clear with your insurance agent concerning the size, capability and purpose of your boat to ensure that you do not end up having to pay higher premiums than necessary.
These are merely a couple of methods you can use to save money on your boat insurance policy. You might have the ability to save much more by bundling your boat policy with home and car insurance. Some insurance companies allow you to earn safe boating rewards for accident-free boating. Get advice from your insurance agent to understand all of the ways you can save!

We’ll help you save on your insurance premiums. Call Insurance Agent 2000 at (925) 429-8811 for more information on Concord boat insurance.
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