5 Unexpected Costs When You Own A Boat

There is more to owning a boat than time on the river or lake, family trips, or time spent with friends fishing or casually boating for fun. The knowledgeable agents at Spring Grove Insurance want to share 5 unexpected costs when you own a boat that every Spring Grove, IL boat owner needs to know.

  1. The Boat Itself – Obviously, whatever the boat costs when you decide to purchase it is the first major outlay of money for a boat owner. But, there are more costs involved.
  2. Docking and Storage Fees – Unless you live on the lake, you will need to have a way to get that boat back and forth. This means a trailer will be necessary. Also, a boating slip or mooring at a marine is an expense you will probably encounter.
  3. Fuel – Just like owning a car, you’re not going to get far without the fuel that keeps it going. A boat usually requires one to three gallons of fuel per hour.
  4. Maintenance – Maintaining a boat properly is going to require more than an oil change now and again. You will need to keep the hull, the equipment, any sails or riggings, and the engine in top-notch condition.
  5. Boat Insurance – To make sure you are covered during an accident or other unthinkable events involving loss or theft with your boat or injury to passengers, any responsible boat owner will secure proper boating insurance before putting the boat in the water.

Before you get too deep into boat ownership, make sure your investment is secure and that you are covered for any potential disaster. The professional helpful people at Spring Grove Insurance in Spring Grove, IL want to help make sure you are covered for all of our boat insurance needs.

How can I benefit from getting boat insurance in Spring Grove?

For those that are in the Spring Grove, IL area, the nice long summer months are one of the best times of the year. For those that would like to enjoy the summer as much as possible, investing in a boat can be a great option. When you get a boat, you will have a great way to enjoy all the local waterways fully. For those looking for a boat here, you should also get a boat insurance policy as it could benefit you in several ways.

Coverage for Asset

One way your boat insurance policy can protect you is by providing you with coverage for your boat. If you choose to purchase a boat, you will be making a big investment that you need to protect as well as possible. If you get a full boat insurance policy, it will give you the coverage needed to repair or replace your boat following a loss.

Liability Protection

Another reason to get boat insurance is that it will give you liability protection. When using a boat, there is always a chance that it could result in damages. When you get a full insurance policy for your boat, it will include liability protection to ensure you are covered if you are found responsible. 

There are a lot of benefits that come with boat insurance in the Spring Grove, IL area. As you are looking for a new policy here, you should call the team at Spring Grove Insurance. Picking a boat insurance policy requires a lot of thought and consideration. When you work with Spring Grove Insurance, you can receive the guidance you need to understand your options and choose an ideal policy for your situation.