There are few things that compare to feeling the spray of the sea on your face as you haul in net after net of delicious fish. To fully enjoy this experience, however, it's important to be protected. In these situations, fishing boat insurance is critical: however, it doesn't have to break the bank. Here are five tips that can help you get all the coverage you need without spending too much.
Educate yourself: In many cases, you can qualify for a discount by taking a safety course and showing proof to your insurer. In any event, these sorts of classes are a great way to learn how to be more cautious out on the water, which can decrease the risk of costly incidents.
Raise your deductible: Increasing your deductible can be a savvy way to decrease your premiums, but it's important to be careful. In the event of an accident, you'll be responsible for a higher out-of-pocket expenditure if you choose to go this route. Carefully examine your financial situation and how much you'll be able to pay in the event of an accident, then set your deductible accordingly.
Stay safe: One of the biggest ways you can save is by avoiding accidents. Not only does this prevent your premiums from skyrocketing after a claim, it might also qualify you for discounts. A clean record is a very valuable asset.
Examine your liability limits: The higher these limits are, the more your premiums will be. It's important to consider exactly how much coverage you'll require in the event of an accident, and find a plan that fits into that need.