Finding the Right Liveaboard Boat Insurance Coverage


Business Insurance / Thursday, July 8th, 2021

There is no right way to live your life. For some people, the perfect house is located in a suburban setting. Other people prefer to rent an apartment in a sprawling metropolis. However, there are countless people who forego the traditional routes and instead decide to live on the sea. If you’re someone who lives aboard a boat, then you should always take time to think about how to best protect yourself from the unknown. Living in a boat can present many threats to your safety, so proper insurance is key to your protection.

Taking Out a Comprehensive Plan

When it comes to finding appropriate liveaboard boat insurance, there are several factors to consider. For one, you want to insure the boat based on the risks you are most likely to face. Think about the ins and outs of your experience with your vessel. Will you be traveling throughout the year or only in the warmer months? Do you want modern amenities on your vessel? How many people will be living with you? These answers will dictate what policy works best for your needs. Other factors to consider when taking out insurance include:

  • Primary state where boat is docked
  • Integrity of hull and mileage of boat
  • Proper maintenance and storage procedures

Living Your Best Life

If you’re someone who wants to wake each day and be greeted by the open sea and promise of adventure, living on a boat can be a great path. Be sure to take out comprehensive insurance and stay protected no matter where the waters take you.