Grand Rapids, MI is situated on the banks of the Grand River and is a mere 30 miles from Lake Michigan, making it a wonderful playground for boat and watercraft enthusiasts. Along with owning boats and watercraft comes the necessity of boat insurance to protect your valuable assets. Speak to Dalessandro Agency Inc. about your boat insurance options.<\/p>\n
A boat or watercraft can be covered to a certain extent by a homeowners policy. Still, it may affect the premium of your homeowner’s policy, and it may be more practical and affordable to purchase separate boat insurance. There are two main sections in a boat insurance policy.<\/p>\n
Physical Damage Cover<\/strong><\/p>\n This aspect of boat insurance covers the accidental loss or damage to your boat, including the hull and the equipment used to operate the vessel. Any payouts and premiums are affected by the age and size of the watercraft. Remember that depreciation is a factor unless you purchase an Agreed Value Policy for insuring the watercraft for the value it was at the time of the writing of the policy. This type of policy is pricier than one that takes depreciation into account.<\/p>\n Check the policy wording on physical damage resulting from theft and vandalism as boats are sometimes moored away from your personal property, opening you up to further risk.<\/p>\n Liability Cover<\/strong><\/p>\n This vital part of your boat insurance policy covers injuries to people and damage to property for which you are responsible. Liability insurance for third parties will have safety requirements that need to be adhered to, to payout.<\/p>\n Lastly, boats are not always used year-round, especially in Grand Rapids, MI, so be sure to check policy wording on storage and transportation and ask about additional available coverage options. Speak to Dalessandro Agency Inc. today!<\/p>\n","protected":false},"excerpt":{"rendered":" Grand Rapids, MI is situated on the banks of the Grand River and is a mere 30 miles from Lake Michigan, making it a wonderful playground for boat and watercraft enthusiasts. Along with owning boats and watercraft comes the necessity of boat insurance to protect your valuable assets. Speak to Dalessandro Agency Inc. about your […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[11,10],"class_list":["post-48","post","type-post","status-publish","format-standard","hentry","category-boat-watercraft-insurance","tag-dalessandro-agency-inc","tag-grand-rapids-mi"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t