Your boat insurance does cover your other watercraft also long as you register that craft as a part of the insured property when you purchase your policy from Windgate Insurance Agency Inc. serving New Windsor, NY.
You can also add watercraft to your boat policy if you purchase it after you purchase your policy. You must add the craft to the insurance policy for it to receive coverage though.
At Policy Purchase
When you buy your boat policy, you need to list the boat, major property on it, such as radar systems, and the other watercraft, such as a jet ski or Seadoo. If you only list the boat that cost $50,000, that boat is all that the policy covers, even if you added $5,000 of fishing equipment to it, including the radar system.
Instead of losing that $5,000, you can recoup it all by purchasing an insurance policy for all of your watercraft. You simply provide a list of crafts when you purchase. This may cause your premium to increase slightly, but better to pay an extra few dollars a month than to forgo that tiny premium and lose $5,000.
When You Buy New Watercraft
Your new equipment doesn’t require a separate policy. When you purchase a jet ski, you can email us or phone us to add to your existing policy. We’ll amend the policy you already own, saving you from going through the whole process of obtaining an insurance policy. That saves you from a hard hit to your credit report that docks you five points automatically from your credit score.
Policy amendment serves you much better and you don’t pay more than if you had obtained a separate policy. You’ll cover all of your watercraft under one boat policy and pay one premium to protect all of your equipment.
Contact Windgate Insurance Agency Inc. serving New Windsor, NY today for more information on boat insurance and extending it to your other watercraft. We’re here to help you.