Buy Bass Boat Insurance
Fishing Boats and Motor Boats Insurance Coverages and Rates
Learn more before you buy bass boat insurance. Find out why a special watercraft insurance policy designed for people who fish is needed to protect your motor boat now.
Bass boat insurance is designed for the unique needs of people who love to go fishing. A standard watercraft insurance policy won’t cover the specific needs of a fishing boat owner. Restrictions on motor size, speed and types of propellers are often waived by fishing boat insurance companies. Bass boat insurance is intended for the person serious about fishing who owns a motor boat used primarily for fishing-related activities, including some limited commercial use to cover risks associated with fishing guides and competitive use.
Bass Boat Insurance Companies Offer Many Coverages for Fishing Boats
Physical damage, liability, uninsured boaters’ coverage and medical payments are standard components of a comprehensive watercraft insurance policy. Fully insured fishing boats have protection for the hull and machinery, including inboard and outboard motors, whether the boat is in use, being towed or in storage. Customers may also choose to buy a liability-only insurance policy. Bass boat insurance companies typically provide three types of policies for fishing boats:
- Agreed value bass boat insurance quotes are more costly but in case of a total loss will pay the total value of the boat as listed on the policy.
- Actual cash value, where depreciation is taken from the value of the boat in case of a total loss (also called “market value”) means the insurance rates are less expensive.
- Liability-only fishing boat insurance is also available and the least expensive to buy, only providing coverage in case the bass boat causes damage to someone not covered by the policy or to someone else’s property. There is no physical damage included with this type of watercraft insurance policy.
Coverages vary by boat insurance company but usually provide protection for fishing boats used in U.S., Canadian and sometimes Mexican waters.
Fishing Boat Insurance Quotes Specific to Bass Boat Owners’ Needs
Fishing boat insurance quotes offer coverages designed for bass boat owners and vary by insurance company:
- Tournament fee reimbursement for professional anglers and amateurs is available and provides reimbursement if a covered loss prevents the bass boat owner from attending a fishing tournament.
- Coverage for motor boats used by fishing guides is also often available in the bass boat insurance quote.
- Replacement cost coverage for boating equipment is an important component of the fishing boat insurance policy. As with motorcycle insurance, equipment can be costly to replace. Replacement cost coverage ensures that full reimbursement is received for lost or damaged boating equipment.
- Emergency and non-emergency towing assistance is available from many motor boat insurance companies.
- A comprehensive bass boat insurance rate quote will include coverage for fishing equipment used on the boat.
- Additional coverage for personal belongings and the trailer used to tow the boat are also included in the motor boat insurance policy.
A comprehensive fishing boat insurance quote may also offer additional coverage available for purchase for dinghies, ice-related claims and electronic navigational equipment.
Motor Boat Insurance Discounts Available and Rates
Motor boat insurance discounts are available to people who have completed a safety course, offered by groups like the Coast Guard or the Red Cross. Buying bass boat insurance is a lot cheaper if the driver has a good driving record. Motor boat insurance rate discounts are also available for boaters with several years’ experience boating and for boats stored in a secure, locked area. The cost to buy fishing boat insurance varies widely; rates depend upon the boat’s value, how often it is used and which discounts apply.
If you liked reading about buying motor boat insurance coverage, you might also enjoy learning more about personal watercraft insurance.
