Boat Insurance is a must!

"Insurance" not a subject anyone wants to get into, never mind boat insurance but do yourself a favor and protect your investments.

Who doesn't enjoy cruising around the lake or ocean in their boat. It can be a great way to relax and unwind from all the stress and aggravation you have to face each day. When you are out having a good time boating do you ever think about boat insurance? This is something that many people tend to not think about unless an accident happens. However, having insurance for your boat is just as important as having car or motorcycle insurance. In the event of an accident you need to be covered.

Boating Accidents are probably the number one reason you should purchase boat insurance. Yea, there are many people saying, a boating accident won't happen to me, but here's the thing: In any accident, did the parties involved wake up that day prepared for the worst?

If an accident occurs not only can the boat be badly damaged but someone can also get hurt. Sometimes this involves a collision between two boats, however many accidents have occurred where the driver of a boat didn't see a water skier or a swimmer and hit them. Serious injuries have occurred this way and in some cases even death. Having insurance in a case like this will help protect you from being sued if any type of accident was your fault. It will also help to pay for repairs or the replacement of your boat.

The water is a pretty tricky thing, it can be calm one minute and the next you could be facing unforeseen events that catch you off guard. You could encounter rough water that could damage or even overturn your boat. This is especially true if you are boating in the ocean. In some cases tornados and hurricanes are a real threat. These can completely destroy your boat even when it's sitting on dry land. Without boat insurance you have to repair the damage or replace the boat on your own.

Theft another reason that boat insurance is a great idea is because boats can be stolen. It is a common problem and it can happen to you. If someone steals your boat and you do not have boat insurance then unless the boat is recovered in good condition you are basically just out of luck. Whatever amount of money that you have put into this investment will all be lost.

Many people think that buying boat insurance is very expensive, but this is not always the case. In fact, buying boat insurance can actually save you a lot of money. Take a few minutes to think about the reasons listed above for having boat insurance and consider what situation you would find yourself in, if any of these things happened to you. You will then see how important it is for you to be protected. Just imagine how much it will cost you to replace your boat compared to the price of an insurance policy; you will then see how cheap insurance for your boat really is.

"Should I consider purchasing flood insurance?"

"Should I consider purchasing flood insurance?" is a question that is frequently asked.

Considering the weather we have had here in Texas lately, I hope you have it. Flood insurance can be purchased anytime, but there is usually a 30-day waiting period before the coverage goes into effect. As the most common natural disaster in the country, flooding ruins millions of dollars of homes and property every year. Flooding is not commonly covered in your typical homeowner's insurance policy, making it necessary to purchase a separate policy to cover that specific risk.

Homes and businesses with mortgages from federally regulated or insured lenders in high-risk flood areas are required to have flood insurance. While flood insurance is not federally required if you live in a moderate-to-low risk flood area, it is still available and strongly recommended.

In truth, every home carries the same risk, no matter if you're perched along the coast or on a plain. Flash floods happen without warning, and a particularly active flood with waters up to 10-20 inches can carry away a car easily. Flood insurance is more affordable than the alternative. Consider this: you may pay only a few hundred dollars a year in flood insurance depending on your home, location, and risk. When you realize that a federal assistance loan taken following a natural disaster could cost you thousands and take several years to pay off, don't you think it's more economical to have the right insurance policy in hand? Federal disaster assistance is not the answer. Federal disaster assistance is only available if the President declares a disaster. More than 90 percent of all disasters in the United States are not declared federal disaster areas. Flood insurance pays even if a disaster is not declared.

Flood insurance is available to homeowners, renters, condo owners/renters, and commercial owners/renters.

If you already have policies against theft, fire, and other natural disasters, why not have one that covers you in the event of rain and flood damage? Even one inch of heavy rain is capable of causing structural damage to your home, so it's best to cover all the bases. Having the policy gives you peace of mind.

Call our office today! We'd be happy to assist you through the murky waters!

The magic tools to a great auto discount!

  

People are always asking what they need to do to get that great auto discount. There are not any secret equations or magic solutions to getting a great discount.

There are several things that are taken into consideration:

1. Avoid getting tickets. Traffic tickets increase your premium by a significant amount.

2. Don't wreck. You don't want to be labeled a "High risk driver". All At Fault Accidents stain your record for at least 59 months. All Comprehensive Claims, Not At Fault Accidents, and Violations remain on your record for at least 35 months.

3. Safety devices. Having a car with air bags, anti-lock brakes, traction control and other safety features can provide discounts.

4. Excessive driving can increase your premium since it increases your risk exposure.

5. Ask about the good student discounts. You have worked hard to keep a good GPA! Show it off.

6. Shop for the best company. Sometimes staying with the same company for life doesn't mean you are getting the best rates and you could be missing out on hundreds of dollars in saving per year. You have nothing to lose with shopping around but much to gain in your pockets.

7. Good credit scores. Paying your bills on time since your credit score can offer you some discounts as well.

8. Take classes. A defensive driving class or a certified driver training class can lower your rates.

9. Enroll in electronic funds transfers to pay for your monthly bill.

10. Go Paperless! Accept documents and bills delivered through e-mail to get a discount.

This is the start of my daily blogs so please sit back and enjoy! If you have any questions, please feel free to contact me at anytime.