Having boat insurance is vital for protecting the value of your boat. We offer boat insurance policies to Nashville, NC boat owners at Hedgepeth-Hutson Insurance Services, Inc.

Below are three common misconceptions about boat insurance to be aware of to find the right boat insurance policy for your needs.

My boat insurance policy will cover me in any waters all over the world.

One of the most important things to know about boat insurance policies is that their coverage is typically limited to certain geographic regions. For example, a boat insurance provider might limit coverage to within 100 miles of a boat owner’s home port. 

You need to familiarize yourself with any geographical limitations of your boat insurance policy. It’s important to realize that you won’t have any coverage if you travel outside these limits unless you invest in added coverage. 

Boat insurance is unnecessary.

Most states do not require boat insurance by law. However, that doesn’t mean that boat insurance is unnecessary. Boat insurance is essential for protecting the value of your boat.

Without boat insurance, you could quickly lose your boat in the event of an accident. You’d then have to pay out of pocket to replace your boat.

I can use my homeowner’s insurance policy to cover my boat.

A homeowner’s insurance policy will not necessarily cover your boat even when it’s on your property. Your homeowner’s insurance policy is not going to cover your boat when you’re using it off of your property. That’s why it’s so important to invest in a boat insurance policy. 

It’s important to learn as much as you can before you buy boat insurance in Nashville, NC. We can help at Hedgepeth-Hutson Insurance Services, Inc. Get in touch with us for information on our insurance policies.