Boat Insurance

Boat insurance is a crucial part of owning and operating a boat. It can help protect you, your boat and others from the unexpected. North Carolina doesn’t require this type of insurance, but your lienholder or marina may require certain types and amounts of coverage.

Additionally, while insurance for your vessel can be critical, it’s also important to cover the trailer that helps get your boat onto the water.

Contact Eastern Carolina Insurance for a boat insurance quote.

What Does Boat Trailer Insurance Cover?

“Boat trailer insurance” may generally refer to coverage within a boat policy that can help cover costs related to damage or loss of your boat trailer. This coverage may be offered as part of a watercraft insurance policy or may be available as an endorsement.

Generally, trailer coverage may help cover damage to the trailer, whether the boat is loaded onto it or not. However, this coverage may not encompass all situations. Your other insurance policies may work in tandem to protect your boat trailer.

For instance, your auto insurance policy may apply when towing a boat trailer with your car. If your trailer damages someone else property while you’re driving, your auto liability insurance—not your boat insurance—may kick in. Additionally, if your trailer were stolen from your home, your home insurance may help recoup the cost rather than the boat policy.

Discussing your insurance needs with a professional at Eastern Carolina Insurance is essential. Our agents can explain various situations in which different insurance policies may be relevant to ensure you have robust protection.

Your agent may recommend additional coverage options, such as inland marine insurance, depending on your circumstances. This type of policy can help cover valuable possessions—even those that may be excluded by homeowners insurance—while being transported. Such coverage may become relevant when hauling a trailer between your home and a dock.

Boat Trailer Insurance Cost

The cost of insuring a boat trailer can vary based on several factors, including the following:

• Value of the trailer—Insuring more expensive trailers typically costs more.
• Usage—How and where you use your trailer can affect your insurance cost.
• Deductible—Higher deductible can lower your premium, but you’ll pay more out of pocket after a claim.

Contact Us

For a personalized boat and boat trailer insurance quote that considers your specific needs and circumstances, contact Eastern Carolina Insurance in Pink Hill, North Carolina.