| April showers may bring May flowers, but they
also bring the reminder that warm days are approaching; days that are meant
to be spent on the water, in what is for many their prized possession: a
boat. While most adults are paying close attention to rising costs of
their daily trips to and from work, or watching the housing market to be
certain they aren't losing value in their homes, boat aficionados have other
concerns. In fact, according to a survey of over a thousand boat owners that
was conducted by Progressive Insurance Company, almost half of them bought
their boats before they purchased cars or houses.
What Boat Owners are Saying
While that's great for the boaters, and most boat owners say that their
biggest concern is finding time to hit the lakes, there is a bigger issue
looming on the horizon. You see, most boaters purchased their vessels before
they finished college (19%), married (28%) or had children (30%), and in
those carefree days of sailing off into the sunset with a bottle of Chablis
and a group of laughing friends, the last thing on their minds was
insurance. In fact, according to that same Progressive survey, while most
boaters (70%) are aware they need insurance, even when their boats are in
dry-dock, almost a third - 29% - said they have no insurance at all.
A spokesperson for Progressive, Dominic Mediate said, "A great experience
with your boat can quickly turn bad if you're not properly insured. Things
like 24/7 claims service and specialized coverage's such as Emergency Towing
and Labor and Total Loss Replacement are designed to help get boaters back
on the water fast in the event of a loss." |
Boat Insurance is a Must
Since 20% of boaters say they would never sell their boats under any
circumstances, and 6% said it would take the threat of physical harm to give
up their weekend cruising, boat insurance is obviously something they all
need to consider.
Most major insurers sell boat insurance, either through an off shoot of
their auto coverage division, or as part of a special line that may also
include insurance for ATVs, snowmobiles, and other recreational vehicles,
but boaters should shop around, because - just as with car insurance -
different companies offer different packages and different premiums.
Start Shopping for Boat Insurance Today
If you own a boat and you don't have insurance on it, contact your
insurance agent or start your online shopping today. You wouldn't leave
shore without a life preserver; why would you launch without financial
protection?
Thanks to Rob Parker for this. Article Source:
http://EzineArticles.com/?expert=Rob_Parker
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