Whether you use your bass boat primarily for fishing or like to get out on the weekends and cruise or wakeboard, having the best bass boat insurance for the lowest price is key. That’s why the team from Northstar Marine Insurance has collected some of the factors that will affect the cost for you here!
- Value
It’s no secret that the value of your bass boat will affect the price of your insurance costs. This means the more your bass boat is worth, the higher insurance premiums you’ll need to pay. Because more expensive boats are often more expensive to fix and may have custom parts, the insurance rates are measured accordingly. - Horsepower
Believe it or not, the speed of your bass boat can also affect bass boat insurance rates. Boats that can go much faster in the water are also more likely to get into accidents, so insurance companies will charge more because of this. - Boating Record
Much like one’s driving record, your boating record, and any accidents you may have previously had out on the water will affect your insurance costs. Those with a clean track record will often pay less because they’ve demonstrated over time that they’re responsible. - Your Age
Although it might not seem fair, bass boat insurance premiums are often higher for those that are younger because it’s assumed they’ll take greater risks on the water.
What Does Bass Boat Insurance Cover?
You may be wondering precisely what the best bass boat insurance covers. Although some plans will vary, marine insurance often covers:
- Property Damage: One of the foremost things that bass boat insurance covers is property damage. What does this mean in terms of a boat? Well, it means that if you collide with someone else’s property, such as a dock, boat, or anything else, your insurance can cover it.
- Collision Damage: When you’re in an accident involving a collision, marine insurance will help you minimize losses and pay for some damages. Such instances could include when you run aground, run into another boat, or a crash into a buoy out on the water, in addition to a variety of other things.
- Injuries Due to Accidents: If you’ve been in a boating accident that has caused serious bodily injury, insurance is essential to help you cover your medical expenses. Insurance can also cover injuries, medical expenses, and rehabilitation cost.
- Comprehensive: Things other than property damage, injuries and collision damage are also covered under your boat insurance. This includes if your boat’s stolen off of your property or from its dock, storm damage, animal damage, etc….
What Doesn’t Normal Bass Boat Insurance Cover?
Before you go, we wanted to highlight a few of the things that bass boat insurance doesn’t cover. Unfortunately, normal wear and tear to your motor is something you’ll have to foot the bill for unless your boat is still under warranty.
Contact us today for the best bass boat insurance!
If you’re in need of comprehensive marine insurance, contact us online today or call 1 (866) 717-9295. We also specialize in personal watercraft insurance, sailboat insurance, and much more!