Fall and Watercraft Insurance-What you need to know!

Now that summer’s over and the weather is cooling down, it’s time to think about pulling your boat out of the Mississippi and putting it away until next year.

As you begin to prepare your boat for the winter, take the time to make sure it still has the right insurance protection. After all, we here at Cities Insurance Group want to make sure you’re ready for the next boating season! (And maybe, just maybe, you’ll also be ready to invite your favorite insurance agent out for a day on the lake. Just a thought.)

First things first: Insurance

If you have a small boat with limited power, you may have some coverage under your Iowa and Illinois homeowners or renters insurance policy. If you aren’t sure, please check with us. Of course, larger and faster boats, along with personal watercraft, require their own policies. And we can help with those, too!

But do you even need boat insurance during the offseason when your boat won’t even be in the water? Well, that depends. Keep in mind that your boat can still be damaged no matter where it is. Often, damage from fire and theft isn’t covered unless you have a watercraft policy. And there always is the chance that we could get a streak of great weather in November that lures you to take the boat out on Mississippi for a day or two! There are plenty of reasons to keep year-round coverage, but if you have questions about seasonal policies, give us a call: 563-359-0854.

And while you’re thinking about insurance, consider your current watercraft coverage. Is your boat older? It might be time to move to cash-value coverage instead of agreed value. Do you have a lot of expensive fishing equipment? Make sure you have enough optional coverage so your gear isn’t at risk. You might also want to consider uninsured boater coverage and a personal umbrella policy, which provide more liability protection than a standard watercraft policy.

And remember, you might be able to save money on your insurance by taking a boating-safety course, increasing your deductible or bundling your policies with one company.


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