| One of the last things that you may think about | | | | may even want to do both to make sure you end |
| when purchasing a boat is the fact that you'll need to | | | | up with the best price. Keep in mind that not |
| obtain boat insurance. Quite like car insurance, there | | | | everyone pays the same amount for insurance so |
| are several things to consider before deciding on | | | | what one of your relatives pays for his brand new |
| which company to go with. You can also receive | | | | ship may not be the same as what you will pay for a |
| discounts if your boat contains the necessary safety | | | | similar ship. You may end up having to pay hundreds |
| equipment. This is something to keep in mind, | | | | more per month than someone you know because |
| especially if you've not yet purchased your boat. | | | | of an accident or lack of safety features. |
| Make sure that your boat has all the necessary | | | | Make sure that you receive quotes from more than |
| safety features installed such as a fire extinguisher, | | | | one place when searching. You will receive different |
| emergency equipment, and various other security | | | | prices from each company because they all have |
| features. Having all of this equipment installed will help | | | | different policies, so it is best if you contact as many |
| to lower your monthly premium. Be sure to let the | | | | places as possible. Have a pen and paper handy so |
| insurance agent know about all of the features you | | | | that you can write down the quotes you receive |
| have on your boat. You may have to mention this | | | | from each company you contact. Doing this will also |
| yourself, as many agents will not, especially since | | | | make it much easier to compare prices. |
| most are trained to make sure everyone pays | | | | Once you are insured, you may want to consider |
| top-dollar for their boat insurance. | | | | getting the necessary safety features installed if you |
| Another thing that will influence how much your | | | | do not have them. You can always call back once |
| monthly premium will be is the age of your boat. If | | | | you've got the features installed and qualify for a |
| your boat is fairly new, you may end up having to | | | | much more discounted rate. You might also qualify |
| pay a bit more per month. The difference in price in | | | | for a tax exemption if you take all the necessary |
| accordance to how new your boat is should not be | | | | steps. |
| too drastic. One of the reasons why insurance is | | | | There are a lot more boats out on the water than |
| lower for boats that are not so new is because as | | | | you may think, especially in the spring and summer |
| time progresses, boats tend to depreciate in value. | | | | months. A huge disadvantage to operating a boat is |
| A major thing to consider before assuming how | | | | that there are no red lights or stop signs. There are |
| much you will pay for your insurance is whether or | | | | boat patrolmen, however, that help to control the |
| not you've had any previous accidents. Having | | | | amount of traffic on the water, the speed at which |
| accidents on your record will cause your premium to | | | | people are going, and they're also there to help |
| be much higher, depending on the nature of the | | | | people when they've been in boating accidents. Many |
| accident and how many have occurred. If the | | | | of them will also check to see if there are any drugs |
| accident was your fault, the price you pay will of | | | | and alcohol on the boat. If any drugs and alcohol are |
| course also be a bit higher than if you were not at | | | | detected, most of the time the boat and everyone |
| fault. | | | | on board will be asked to leave immediately and they |
| The best way to find the right type of boat | | | | will also be fined. If by chance there is no boat |
| insurance is to simply call around or search online. You | | | | insurance, quite a huge fine will also be given. |