House boat insurance basics

Purchasing a houseboat is guaranteed to give yousimilar.
years of unlimited pleasure. Provided, howeverStill, there are differences. The function of a
that you've insured your houseboat properly.houseboat is different from a cabin cruiser. The
Otherwise, you could lose your life's savings and inconstruction of a houseboat reflects this. They
the worse case scenario, and be forced to file forare normally flat-bottomed and designed to
bankruptcy.navigate slowly through the waters.
In the marine insurance industry, houseboats areMany houseboats are bulkier, since they come
categorized together with jet boats, ski boats,equipped with bigger sleeping & living areas, full
sailboats, cabin cruisers and party boats as agalley, and enclosed head. A race boat or cabin
pleasure boat. For this reason, this kind ofcruiser is smaller, more seaworthy, and easy to
coverage is not generally handled by regularmaneuver and built for speed.
insurance companies. You should carefully shop forLiability and Medical Payments to Others
underwriters who specifically handle these policies.Pays for bodily injury or property damage you
The first houseboat insurance tenet you mustare liable for.
follow is to find a reliable insurer who'll servicePhysical Damage Coverage
your needs. Conduct the search both ways.Pays for the damage your boat, motor, and
· Word of mouthtrailer sustain.
Ask boating friends for insuranceUninsured Watercraft Coverage
recommendations.Pays for personal injury damages you are entitled
· Conduct research on the recommendedto recover from the owner or operator who
insurance carriers, the company in-charge ofhave not insured their vessel.
providing you coverage.Medical Payments For The Insured
The following facts (as provided by the InsuranceCovers you and your family's medical fees, if you
Information Institute) about your houseboat, suchsustain accidental boating injuries.
as horsepower, size and age of your boat, theTowing and Assistance
type of craft and where it is used (i.e. moored inThis coverage pays for the expenses you incur
a river or hurricane prone area), determineswhen you request a towing service to deliver the
coverage and premium you will pay for yourfuels and replacements parts, or fix your engine.
houseboat.Additional Living Expenseyou're reimbursed for
Once that's done, you can now carefully considerexpenses incurred by living in a hotel, because
which of these policy clauses can help maximizeyour boat had to be repaired.
your coverage and accurately answer yourBe a responsible houseboat owner. Customize
particular needs.your houseboat insurance to safeguard your
Hull and Machinery Clausepersonal well-being, finances, and protect your
Because your houseboat is placed in the sameinvestment.
pleasure boat category as a cabin cruiser, certainMansi Gupta recommends that you visit house
rates, coverage, restrictions, and terms will beboat insurance .