Many people dream of owning a boat, and many of those who do, consider it one of their prized possessions. Buying a boat is a significant investment, so it makes sense to purchase an insurance policy that completely covers their valuable asset. Many boat-owners, however, are surprised to discover what is covered by their insurance provider and what situations would leave them high and dry. First Choice Insurance, high-risk insurance experts serving Fairfield, OH, are here to explain the finer points of boat insurance:

• Many people are under the impression that their homeowner's policy somehow covers their boats, but this is almost never the case. While some policies will provide minimal coverage for very small boats without engines, anything larger will almost always require its own policy.
• Some policies only cover you for part of the year, which some boaters find out about by taking their boat out on an unseasonably nice day in the fall, only to find that their policy allows them to have it in the water during the spring and summer.
• Most importantly, boat insurance only covers the vessel when it's actually in the water. However, if it's damaged while you're towing it, your auto insurance should cover it, but homeowner's insurance policies only offer partial coverage if your boat is destroyed or stolen from your home.

Visit First Choice Insurance online to learn more about their extensive range of insurance services, or just call (513) 860-0666 now with any questions about boat, auto, or motorcycle insurance policies.