Types of Boat Insurance Coverage in Corpus Christi, TX

You have several options for boat insurance in Corpus Christi, TX. Although the state doesn’t require coverage, it’s still a good idea to protect yourself from liability. Here is a list of the most common types of boat insurance coverage:

Replacement Cost Coverage

When you choose a replacement cost policy, it pays to replace your boat if it’s damaged or lost. Given the expense of a new boat, this coverage is worth the extra premium. It only pays to return the watercraft to its original state. It will not factor in any upgrades or customizations.

Agreed Amount Coverage

This pays a set amount, regardless of the cost of replacement. If you have an expensive boat, this could be a better option than replacement cost. However, if your watercraft is totaled, you may not receive enough money to replace it. Your Revolutionary Insurance Group agent can help you find the right coverage for all your vehicles.

Actual Cash Value Coverage

This policy type pays the current value of your boat minus depreciation. So, if your yacht is five years old and has a $10,000 value, the insurer would pay out $7,500. This policy is usually cheaper than the other two, but it may not be as beneficial if your boat is no longer usable after the collision.

Your policy might also cover other damages, such as the trailer you used to transport your boat. Discuss your specific needs with your insurance agent to ensure you have the right coverage in place.

Corpus Christi is a great place to own a boat. With its many waterways and beaches, there’s always something to do. But before you head out on the water, be sure you have the right boat insurance.

Contact Revolutionary Insurance Group in Corpus Christi, TX today to review your policy options. We can help you find the right coverage for your needs.

Why Texas Residents Need Boat Insurance While Enjoying Summer Fun

Revolutionary Insurance Group assists the Corpus Christi, TX community, as well as the surrounding areas, and providing good customer service is important to us. We are committed to making sure that our clients find policies that will protect them in every situation.

The Benefits Of Boat Insurance

Texas is known for having extremely humid summers. Thousands of people throughout the state look forward to finding relief through cooling off by the water. If you plan to relax on the bay during the summer in Corpus Christi, TX, consider the benefits of boat insurance. Boat insurance protects your watercraft while you’re out on the water and ensures that you have a safety net if something goes wrong.

The conditions on the water can change at any moment, which is why boat insurance is an asset. If your boat collides with another vessel, the damages are covered. Liability coverage protects you if you are ruled to be at fault, and someone gets injured. Boat insurance also covers your boat if it is vandalized or someone steals it. Keep in mind, though, that you may have to add extra coverage if you have special equipment and furnishings on the boat. Extra coverage will helpfully protect those items.

Because the weather in Texas constantly changes, there is a chance that the tides may turn while you’re out on the water. Boat insurance includes emergency assistance. If a disaster arises and your engine fails, you will receive an urgent towing service.

While researching coverage, be aware that your policy will likely contain a navigational limit that outlines the areas where you can use your boat and maintain full coverage. If you store your boat in a unit during the offseason, you can add coverage to your policy, so you’ll be protected if an accident happens.

Revolutionary Insurance Group Will Help You Protect Your Asset

Visit our website to learn more information about boat insurance.

Why you need boat insurance in Texas

During the spring, summer, and fall months in the Corpus Christi, TX area, there are plenty of great opportunities for someone to enjoy the nice warm weather. If you would like to enjoy this area to its fullest, it would be a great idea to invest in your very own boat. When you are shopping for a new boat in this area of Texas, it is vital to consider all of your insurance needs properly. There are several reasons why you need to get boat insurance in Texas.

Ensures Compliance

One reason why you will need boat insurance in Texas is that it will ensure you stay in compliance will all regulations. A boat owner in this state may need to comply with local requirements at private marinas and other waterways that will require you to carry liability insurance. Further, if you have taken out a loan, the boat lender will undoubtedly require that carry a full boat insurance policy at all times.

Provides Necessary Protections

Another reason why you will need boat insurance is that it can provide you with very necessary protections. Boat owners will own an important asset that they will want to keep adequately protected. A full boat insurance policy will ensure you can pay to repair or replace your boat following theft or an incident that causes damage. 

Choosing a new boat insurance policy for anyone in the Corpus Christi, TX area is always a big decision. When you are shopping for a new boat insurance policy, you should call the team at the Revolutionary Insurance Group. When you speak with the team at the Revolutionary Insurance Group, you can learn a lot more about all of the options that you have when choosing a policy to protect your boat.