Boat Owners Can Sink Without Proper Coverage

The last thing any boat or watercraft owner wants to worry about when enjoying the warm weather and sun this summer is having proper insurance coverage.

Nationwide Insurance is reminding consumers visiting the 2005 Carolina Power & Sailboat Show at the North Carolina State Fairgrounds in Raleigh that now is the perfect time to make certain you cover your boat or watercraft for unexpected events.

“Right now is the best time for boat and watercraft owners to assess the adequacy of their insurance coverage,” Jack Ramsey, Nationwide Outdoor Performance Tour coordinator said. “As many boating enthusiasts start planning for the upcoming season, sufficient insurance coverage should be on the check list.”

Nationwide Insurance recommends boat and watercraft owners check their coverage to assess the following:

– Are you fully covered? Multiple policies with multiple carriers may create gaps in coverage. During a claim is no time for consumers to discover a gap in coverage. Now is the time to check with an agent to make certain your property and family are covered against unexpected events.
– Do you require special coverage for boating and fishing equipment or personal effects on and off your boat? From the angler with GPS and fish finders to the recreational boater with water sports equipment and personal items, insurers provide coverage for all types of boater needs.
– Are you taking advantage of all available discounts for which you may be eligible? Insurers provide discounts for qualifying consumers who purchase policies for home, auto, and items such as pleasure boats and watercraft.