| "body"> | | | | rates, coverage, restrictions, and terms will be similar. |
| Purchasing a houseboat is guaranteed to give you | | | | Still, there are differences. The function of a |
| years of unlimited pleasure. Provided, however that | | | | houseboat is different from a cabin cruiser. The |
| you've insured your houseboat properly. Otherwise, | | | | construction of a houseboat reflects this. They are |
| you could lose your life's savings and in the worse | | | | normally flat-bottomed and designed to navigate |
| case scenario, and be forced to file for bankruptcy. | | | | slowly through the waters. |
| In the marine insurance industry, houseboats are | | | | Many houseboats are bulkier, since they come |
| categorized together with jet boats, ski boats, | | | | equipped with bigger sleeping & living areas, full |
| sailboats, cabin cruisers and party boats as a pleasure | | | | galley, and enclosed head. A race boat or cabin |
| boat. For this reason, this kind of coverage is not | | | | cruiser is smaller, more seaworthy, and easy to |
| generally handled by regular insurance companies. You | | | | maneuver and built for speed. |
| should carefully shop for underwriters who specifically | | | | Liability and Medical Payments to Others |
| handle these policies. | | | | Pays for bodily injury or property damage you are |
| The first houseboat insurance tenet you must follow | | | | liable for. |
| is to find a reliable insurer who'll service your needs. | | | | Physical Damage Coverage |
| Conduct the search both ways. | | | | Pays for the damage your boat, motor, and trailer |
| · Word of mouth | | | | sustain. |
| Ask boating friends for insurance recommendations. | | | | Uninsured Watercraft Coverage |
| · Conduct research on the recommended | | | | Pays for personal injury damages you are entitled to |
| insurance carriers, the company in-charge of providing | | | | recover from the owner or operator who have not |
| you coverage. | | | | insured their vessel. |
| The following facts (as provided by the Insurance | | | | Medical Payments For The Insured |
| Information Institute) about your houseboat, such as | | | | Covers you and your family's medical fees, if you |
| horsepower, size and age of your boat, the type of | | | | sustain accidental boating injuries. |
| craft and where it is used (i.e. moored in a river or | | | | Towing and Assistance |
| hurricane prone area), determines coverage and | | | | This coverage pays for the expenses you incur when |
| premium you will pay for your houseboat. | | | | you request a towing service to deliver the fuels and |
| Once that's done, you can now carefully consider | | | | replacements parts, or fix your engine. |
| which of these policy clauses can help maximize your | | | | Additional Living Expenseyou're reimbursed for |
| coverage and accurately answer your particular | | | | expenses incurred by living in a hotel, because your |
| needs. | | | | boat had to be repaired. |
| Hull and Machinery Clause | | | | Be a responsible houseboat owner. Customize your |
| Because your houseboat is placed in the same | | | | houseboat insurance to safeguard your personal |
| pleasure boat category as a cabin cruiser, certain | | | | well-being, finances, and protect your investment. |