When you purchase boat insurance from Brock and Poole Insurance Agency to keep your watercraft safer on the waters around Collierville, TN, you can customize it in many ways to offer added financial protection. This blog covers the riders and add-ons you can include in your boat policy.

Other Watercrafts

Let us help you add all of your watercraft to one boat policy. You might think only of your motorboat, but one policy can also protect any jet skis, kayaks, canoes, Seadoos, or other watercraft you own. We’ll help you list all items on your policy, so they enjoy the coverage.

Riders and Add-ons

Most boat policies start as liability coverage that protects your finances if you cause an accident on the water. You can add extra coverage to the basic policy that you would to cover a car or truck:

• collision
• comprehensive
• personal injury protection
• medical

You can’t add roadside assistance to your boat policy, but you do have many riders available.

Scheduled property riders probably top the list of riders our customers like to add to their boat policies. When you add a scheduled property, such as your radar system, the insurance policy covers it with replacement value coverage. That means the insurance company pays you the cost of a new radar system if it gets damaged or stolen.

You can add anything installed to or used on your boat to your scheduled property list. That includes any computers you use on the boat, the kitchen appliances in your galley, and the furniture.

Contact Brock and Poole Insurance Agency

Contact Brock and Poole Insurance Agency for more information on customizing your boat policy. Let us help you protect your financial investment in your watercraft while on the waters of Collierville, TN.

If you own a boat and enjoy spending time in the water, you may be wondering if you need to have insurance for it. Though you may not want to spend the money on insurance, that may be a mistake. 

Here are some reasons why you should get boat insurance.

It will protect you and your family if someone is injured while they are out boating with you. It will pay for their medical bills if they end up seeking medical attention. It will also pay for any legal fees that you may face if you get sued over the incident. 

If your boat is quite expensive, you may want to look into collision and comprehensive insurance. This will help cover the cost of fixing your boat if you are ever in an accident. It will also cover theft and vandalism, as well as damage due to storms. 

Your insurance will also cover your expenses if you are in an accident with someone who isn’t insured (or doesn’t have enough insurance). Uninsured and underinsured boater insurance will cover your medical bills and repairs if you are involved in an accident that was not your fault. 

It can be a mistake not to have insurance for your boat. You could be held liable for any medical bills if someone gets injured while out boating. It may also cover repairs to fix your boat if you are in an accident, or it gets vandalized (or even stolen)! 

If you are wondering if you need boat insurance, don’t hesitate to contact us today at Brock and Poole Insurance Agency in Collierville, TN. 

Four common myths about boat insurance in Collierville, TN

Understanding insurance policies is not always easy for most people. That’s why there are lots of myths and misunderstandings in the insurance industry. If you’re a boat owner in Collierville TN, it’s always essential that you understand your insurance policy to avoid making mistakes when filing a claim. If you purchase insurance from Brock and Poole Insurance Agency, you can rest assured to understand your policy much better, and experts here can also help you make informed choices when it comes to boat insurance coverages. Here are four common myths in Collierville, TN, that we thought you should know.

Myth1: Home insurance covers my boat

Part of this myth is true if you own a small non-motor boat. Home insurance offers limited coverage for small boats like canoes when they are stored in your home. Large watercraft like yachts cannot be covered under home insurance. You will need to buy a separate boat insurance policy to provide adequate coverage.

Myth2: Boat insurance will provide protection regardless of where I go boating

Boat insurance often comes with geographic limits. If you take your boat to new waters in a far region or on vacation, your boat may not be covered if anything happens while you’re out there. Always ask your insurer about the areas covered to avoid misunderstandings when filing a claim.

Myth3: Boat insurance is not necessary

You may think that you don’t need boat insurance, but your marina and boat finance lender may require boat insurance. Additionally, remember, just like car accidents, most boat accidents are never anticipated, so take precautions.

Myth4: I will pay more for boat insurance when there is a hurricane

Your boat insurance rates cannot increase because there is a hurricane unless you live in the coastal region— information that your insurance company already has. If your rates were to go up, they would hike from the first day you bought your boat insurance and not when hurricanes hit.

For more information about boat insurance, contact Brock and Poole Insurance Agency today!

Boats come in varying sizes, designs, and prices, especially in Collierville, TN where the majority of the population participate actively in water activities. Whether you are looking to buy a boat with a motor or not, having some form of protection is critical. It will give you some peace of mind as you go about your water activities. If you already have a boat, you can help keep it covered by buying boat insurance. So, do you need boat insurance for your non-motor-powered boat?

Boat insurance: Do I need it?

Boat insurance is designed to cover large boats that are motorized. If you own a kayak, canoe, or paddleboat, you may want to buy insurance for non-motored boats. Not all insurance providers offer this; a little research will be necessary to help you get the best out of this specialized type of insurance. You can also seek guidance from Brock and Poole Insurance Agency.

Boat insurance for small boats

A standard home insurance policy can also cover some small boats. However, the coverage is limited and may not be adequate to cover the most critical perils. While boat insurance is not a requirement in most states, there are instances where you may need to carry insurance even if your boat does not come with an engine. For example, if you did not finance the boat yourself, your lender may need some form of insurance to help compensate them in case of damage.

How are you using your boat?

The kind of activities you engage in also play a critical role in determining whether you should buy insurance or not. For instance, if you are involved in extreme water activities where your life is often in danger; you may need to get full coverage to protect you and your boat.

Are you looking to buy boat insurance? Brock and Poole Insurance Agency can help you get the most out of your coverage. Feel free to visit us at Collierville, TN today!

No matter what size your boat is, from a kayak to a multi-million dollar yacht, you want to have it properly insured. A small recreational boat, like a canoe or a kayak, may be covered by a home insurance policy under the limits for personal property when it is stored in a garage. Ask your agent to be sure. Even so, you will still need boat insurance for when it is in transport and when using it in the water.

Work with your agent at Brock and Poole Insurance Agency serving Collierville, TN, and the surrounding communities to figure out the exact coverage you need. You want to have adequate insurance for the boat, anything you carry in it, and the people using it.

Coverage for Storage, Transport, and Use

Be sure to discuss where the boat will be kept when it is not in use. There is a difference between keeping a boat moored at a dock and keeping it inside a locked garage. Also, talk about how the boat will be transported and how often it will be taken on the road.

Let your agent know the type of water the boat will be used in. Different coverage may be needed for boats used in freshwater compared to those used in the ocean. Another example is that using a kayak on a still lake is quite different from using it to go down whitewater rapids.

Replacement Cost

To have adequate insurance you need to figure out the replacement cost of the boat and for any accessories. Replacement cost is the best way to insure things because if something gets lost or damaged for a reason that is covered by the insurance, the insurance company covers the cost to buy a new one of a similar kind.

For example, imagine that you have a marine radio that would fetch only a few dollars at a garage sale. It works so there is no reason to buy a new one. It is covered with replacement cost insurance. If it gets lost or damaged you will get a new one of the same kind, even if it costs much more than the old one is worth.

Call 901-854-9775 to speak with your agent at Brock and Poole Insurance Agency in Collierville, TN to have a review of any existing boat insurance that you already have or to get a quote for a new boat insurance policy.