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First time boat owner needing insurance
Hi Will, now I haven't owned a boat myself, but I'm fairly sure boat insurance is basically a similar process to any other vehicle as far as choice of higher premiums tending to give you lower excess and more coverage. I'm sure there'd be some other factors to consider as well, perhaps to do with stated uses of the boat, ie personal/commerical, and I would guess also where you're planning on using the boat mainly would also impact on your coverage/premiums.
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Hello, I'm new to the forum, and I was hoping someone could help me. I've just bought a new boat for just under $10000, and need to organize some decent boat insurance - being new to it I didn't want to overlook any potential pitfalls? Is it basically the same as with auto insurance situation?