Why do I need boat insurance all year long if i only use my boat in the winter?

Boating in Littleton, CO isn’t just a way to pass the time; it’s a popular past time enjoyed by many of the residents, who take every chance to enjoy the beautiful scenery in the area. Unfortunately, you can’t be out on your boat all year round, so there are times when you have to put your boat in storage to keep it out of the elements.

You might be wondering if you really need to carry insurance all the time, or if you can save money by only paying for the months you get to use your boat. There are some important reasons why you should get your policy through Front Range Insurance Services for the entire year.

Do you still owe money on your boat?

If you do, you are likely required to carry a certain amount of insurance on your boat until it is completely paid off. At this time, you are sharing the risk with the people who loaned you the money for the boat, and they have a right to have their investment protected.

There are still risks in the winter months

There may actually be more risks, in some ways. If you keep your boat in a boatyard, there probably aren’t as many people around in the offseason. That means it’s more likely that people will feel safe to commit vandalism or theft. An accidental fire might grow out of control because it is not noticed as quickly, and there could be other dangers like weather disasters in Littleton, CO.

You could receive incentives for keeping your policy year round

You might get a reduced deductible or other discounts for your loyalty. If you have any questions about boat insurance, please feel free to call Front Range Insurance Services today.