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What to Look For in a personal watercraft Insurance Policy
Personal Watercraft enthusiasts know how important it is to have coverages beyond the standards offered by many companies, or by a rider on a homeowner's policy. In fact, many people think their PWC is completely covered under their homeowner's policy until they have a loss.
Coverages
Customers should look for specialized coverages that aren't always available under other policies out there. These include things like:
- Wreck Removal
- High Liability limits
- Waterskiing and Towing Sports Liability Coverage
Optional coverages should also give water enthusiasts that little extra - the custom coverages that fit their lifestyle, whether they enjoy early-morning cruises or afternoon wave-riding. Some of the options to look for include:
- Towing and Assistance - for the PWC and trailer
- Coverage for racks, windshields and other permanent accessories
Don't forget discounts!
What might look like the most cost-effective policy at first, might really not be after factoring in the discounts you could be eligible for with a specialized policy, including:
- Multi-Unit
- Renewal
- Prior Insurance
- Multi-Policy