At Sloan Insurance Agency, we pride ourselves on helping Elmer, NJ boat owners to learn the basics. When choosing a boat insurance policy, it can be hard to separate fact from fiction. That’s why this guide is here to help you make sense of it all. Let’s take a closer look at some of the more prevalent myths regarding boat insurance.
“My insurance policy is tied to natural disasters.”
Many will allow themselves to believe that natural disasters will profoundly affect their insurance policies. However, this is not something that comes into play as far as boat insurance policies are concerned. Let’s say that a natural disaster does happen to take place. That does not mean there will be any effect on your policy. New Jersey residents will not be made to worry about another state’s issues.
“My policy lets me travel anywhere I want.”
This is something that will need to be discussed with our team of boat insurance agents. Don’t assume your boat is covered in all scenarios without asking the necessary questions during your policy selection process.
“My homeowner’s policy covers my boat.”
While it is true that a homeowner’s policy may provide some small measure of coverage for a boat, that does not mean that you should be operating under this assumption without taking the time to speak with our experts. We are here to let you know more about your current coverage and will guide you in the right direction regarding additional coverage.
If you have any further questions about boat insurance basics, please be sure to contact our team of experts in Elmer, NJ as soon as possible. We are happy to help our prospective clients learn everything they need to know.