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How to protect your boat and reduce your boat insurance costs



What can you do to get a reasonable quote insurance online? How does the protection of your cruise ship help reduce your boat insurance costs? And why is it important to get a boat insurance?

The average cost of a boat is about $ 8.4 million, according to sales data. The price of a smaller 40-foot yacht starts at $ 300,000 to several hundred million dollars for the largest superyachts.

A yacht is one of the super rich luxury properties. If you decide to own one, it would be foolish not to make an effort to protect yourself financially in the event of an accident, theft or injury.

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Is Yacht Insurance a Legal Claim in the UK?

Unlike other types of real estate such as a car, there is no legal requirement to insure your boat. Instead, emphasis is placed on obtaining third-party insurance. At least £ 1

million liability insurance will be required of you before your boat is registered for use on inland waterways and usually £ 3 million at most marinas.

To get the best coverage at the most affordable price, you need a boat insurance calculator. With this, you can compare quotation insurance online by taking into account the size of the boat, regardless of whether you are competing, where it is stored and what type of training you have.

Another smart way to reduce your boat insurance costs is to improve

In today's article you will learn super interesting ways to protect your boat and its contents and as a result dramatically reduce your boat insurance costs, whether it's UK, US or Australia. [19659002] READ AND:

10 things you can start doing now to protect your boat and reduce your insurance costs

  1. Always keep a list of your boat's contents updated – this will help you find out exactly what has happened missing in case of theft.
  2. Installing secure storage. This allows you to store valuable equipment in secure lockable compartments when you leave your boat unattended.
  3. Installing an alarm. Also include a tracking device if the boat is stolen and make sure an anti-theft device is mounted on your outboard engine.
  4. Use a lockable fuel cap to prevent theft of valuable fuel. Fix a deadbolt lock to prevent entry into your ship's cabin.
  5. Secure your boat for possible stops when you are on a trailer with a wheel clamp. Always secure your dinghy to the primary boat with a chain or cable with a padlock.
  6. Choose a marina with full-time safety and good lighting. Quite a few car insurance providers in California are good examples.
  7. Never store personal belongings or fishing equipment, remove them from the boat when not in use.
  8. Avoid leaving it visible and accessible when storing your boat at home. from the road or street.
  9. Do not leave registration or documentation on the boat when not in use and if you leave your boat unattended for an extended period of time, ask someone to check it regularly.
  10. Make sure your boat insurance provides adequate protection against theft, damage and accident.

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Most boat insurance providers want to know how insured your boat is to perfectly calculate your boat insurance cost. The more protected it is, the less you pay in insurance coverage.

To save time and energy when shopping at the most affordable fee, we recommend that you reach out to the best yacht insurance brokers near you. As a result of the global challenges facing sail insurance providers in the UK, some of them are being forced to leave the market.

With expert advice from boat insurance brokers, you will learn how to qualify for a boat insurance discount. A 20% boat insurance discount would apply to customers located at ports with which Towergate Insurance UK cooperates, such as Premier Marina, Quay and BWML.


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