Boat/Watercraft Insurance in Texas
You purchased your boat or personal watercraft to make the most of your recreational time. Don't waste those hours on the water worrying about insurance coverage for your investment. Let the experts at Heydari Financial Group in Houston, TX find insurance solutions that provide the best coverage at the best value.
Do I Need a Separate Policy for My Boat?
Homeowner's insurance policies in Texas usually cover some damage to boats but on a limited scale. Separate boat insurance policies can offer you more peace of mind for repair or replacement of your boat. Boat insurance also has a liability component that can pay medical bills and claims of damage to other people's property.
Three Types of Boat Policies
There are three types of policies available for boat owners in Texas.
- Replacement coverage repairs or replaces your boat.
- Actual Cash Value coverage repairs or replaces your boat at what it is worth in today's dollars. This option doesn't replace a boat for what it sold for ten years ago. Its formula considers depreciation over time.
- Agreed Upon Value coverage repairs or replaces boats up to a certain pre-determined amount of money.
What if I Don't Use the Boat Year-Round?
Heydari Financial Group can offer you choices in layup provisions if you only use your boat during certain months of the year. Heydari Financial Group experts can also work with you if your coverage needs to include taking the boat out onto the ocean.
Contact Us Today
Let Heydari Financial Group in Houston, TX provide you with peace of mind when it comes to protecting your investment in your boat. Our customer-focused approach works to save you money while providing you with excellent insurance coverage. Call our office or send us an email and put us to work for you. Our customer service has made all the difference since 1994.