Purchase Wooden Boat Insurance With Caution

It is very important to understand that wooden boat insurance is more or less a specialized category if you are the owner of a classic or wood boat.  For starters, you must get an Agreed Value policy, as this is the only type of coverage that will guarantee that your watercraft will not lose value with a loss.  If you are looking to fully protect your vintage vessel, this is the coverage to go with, but you must specify this with your provider, as most policies do not offer this.  The main thing is that your boat is completely, including the engine, regardless of age. 

Regarding wooden boat insurance, you would be wise to be very specific of your needs when buying a policy from your protection provider.  As stated above, this can be a very gray area, even among insuranse agents, so it is important to go with a company that has experience covering antique, classic and wood boats.  Afterall, you want to protect your investment to the fullest.  If you own one of these beauties, chances are you are the type of person that takes impeccable care of your possessions, and are aware that they are sometimes in need of restoration, whether it be major or minor.  However you may not be aware that there is special coverage for this called Port Risk insurance. 

If you are like most classic marine vessel owners, you take great pride in the condition of your aged bateau, and this is what usually places you in the category of boaters that are among the safest and most prudent waterway travellers anywhere.  So instead of being charged unnecessary high premiums from wooden boat insurance providers, shouldn't you be rewarded with the most competetive rates in the business.  Please consult our list of professionals for your free wooden boat insurance quote, and take the first step to protecting your priceless investment.