• Why Us?
    • About Us
    • Our Blog
    • Our Team
    • Refer A Friend
    • Accessibility
  • Personal
  • Business
  • Transportation
    • CSR24 Login Portal
  • Employee Benefits
    • MF THINK HR
  • Financial Advisor
  • Contact Us
    • Client Portal
    • Privacy

Mel Foster Insurance

Insurance Agency in Davenport IA

Call (563) 359-5446 Email Us at contactus@melfosterinsurance.com
Get Started Today!
Boat Insurance Basics

Boat Insurance Basics

May 25, 2022 Mel Foster Insurance

Boating season is upon us, and you’re ready to get out on the water. Each boat owner’s circumstances are unique, so ask a Mel Foster Insurance agent to compare options from several national companies to find you the best policy to fit your needs.

What Factors Are Involved In Determining Coverage?

Your agent will gather various details to decide what insurance coverage is appropriate for each boat owner. Some key factors considered are:

  • How long you’ve owned your boat
  • Age and value of the boat
  • Speed/horsepower of the boat
  • Type of boat (inboard, outboard, utility, cruiser, bass, performance)
  • Driving record and boat safety education certifications 

How And Where Will The Boat Be Used?

It’s essential to know how and where the boat will be used when determining proper insurance coverage. A boat operated for recreation on the lake has different policy specifications than a boat utilized by a commercial fisherman heading to work on the river each day.

Why Is Coverage Important?

Having a boat insurance policy in place can protect you in a variety of situations. Not only will proper coverage help if the boat is stolen or damaged by collision with rocks or logs, but insurance can also help if you accidentally injure someone or damage their property with your boat. Most states don’t require boaters to purchase insurance, but many marinas require some form of insurance if you wish to use a slip on their property. Additionally, your bank will require insurance if you are financing the boat purchase.

Find more insurance tips for home, auto or recreational vehicles.

Filed Under: Tips

Visit Our Office

3218 E 35 St Ct.
Davenport, Iowa 52807
Get Directions
(563) 359-5446
contactus@melfosterinsurance.com

Contact Us

Mel Foster Insurance
3218 E 35 St Ct.
Davenport, Iowa 52807
Get Directions
(563) 359-5446
contactus@melfosterinsurance.com

Like Us

  • Facebook
  • LinkedIn

Check the background of this firm on FINRA BrokerCheck

*Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC . Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Kestra IS and Kestra AS are not affiliated with Mel Foster Insurance Company or any entity referenced herein. Investor Disclosures

This site is published for residents of the United States only. Registered Representatives of Kestra IS and Investment Advisor Representatives of Kestra AS may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact our Compliance Department at 844-5-KESTRA (844-553-7872). The web site links referenced are being provided strictly as a courtesy. Neither us, nor Kestra IS or Kestra AS are liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of the links provided.

Copyright © 2023 Mel Foster Insurance · All Rights Reserved · Powered by Advisor Evolved

  • Why Us?
    • About Us
    • Our Blog
    • Our Team
    • Refer A Friend
    • Accessibility
  • Personal
  • Business
  • Transportation
    • CSR24 Login Portal
  • Employee Benefits
    • MF THINK HR
  • Financial Advisor
  • Contact Us
    • Client Portal
    • Privacy