It can be such a great adventure to own a boat, but it comes with a lot of responsibility as well. Before you take your boat out into the ocean, it is highly important that you seek boat insurance coverage first. Let’s look at the things you could encounter if you were to apply for boat insurance. It is vital to be prepared so you are not denied coverage.

Boat Condition

One of the most obvious reasons why you could be denied coverage of a boat insurance application is if your prized possession is not in the best condition. If you purchased a lemon, it means that you have to first do work on your boat so that it can pass the smell test or inspection. It is recommended that you apply for a boat insurance policy only when you have repaired your boat.

Moving Violations

Secondly, you could get denied for coverage, if you have several moving violations such as speeding and drinking while you are on the water. Too many driving infractions could also prevent you from securing insurance coverage for your boat. Be careful and ensure that while you are having fun, you are also mindful of following the law and being responsible.  

Intended Purpose

When you are applying for boat insurance, you will be asked about the intended purpose of using your boat and the size of the boat will also be in question. Most insurance companies will only provide coverage if the boat is for your own personal use. If it will be used for business, then the policy would definitely be categorized as such. If you are using the boat for business and are not forthright about it and the insurance company finds out, this could cause a denial.

Conclusion

If you have a boat and you want to secure insurance coverage, prepare yourself prior to making contact. Make sure you have all the issues handled so you can go forward with confidence that you will not be denied. Contact TAB Insurance Agency LLC in Austin, TX today so you can start the application process.