It’s officially boat show season here in Arizona, and that means that countless dealers and manufacturers are competing for your attention. If you are in the market for a new boat, chances are you’ll be visiting a boat show such as the Arizona Boat Show March 22nd – 25th at WestWorld in Scottsdale.
At Imes Insurance Associates, we want you to be ready to tackle the boat show like a pro and come out ahead on your new boat purchase. Read on to learn our top tips for buying watercraft.
Which Type of Boat Do You Need?
In your quest to find the perfect boat, you’ll probably find there is more than one option that might suit your needs. Ultimately, it’s not about the boat at all – it’s about the fun you’ll be having because of the boat. Whether that is fishing, sailing, skiing, cruising, entertaining, or some combination of those, chances are there are several different boats that are up to the task.
Some of the most common types of boats owned by Arizonans include:
- Bass boats
- Deck boats
- Ski boats
- Personal watercraft
- Cabin cruisers
- And many others
Many of these boats are specifically designed with one purpose in mind. In the case of bass boats, for example, it’s fishing. With ski boats, it’s rapid acceleration and the ability to tow more than one person behind the boat at high rates of speed. Other boats, such as pontoons and bowriders, are more versatile and are customizable for more than one purpose.
What size boat will you need? If you plan to host gatherings or entertain on your boat, you’ll probably want a watercraft with plenty of seating and space to spread out. If you do not need the extra space, consider a smaller boat instead. Typically, the smaller the boat, the easier it is to maneuver, transport, and store when it’s not in use.
New or Used?
If budget is a factor in your boat selection, you may be deciding between a new or used boat. While most dealers and manufacturers at the boat show will be showing off their new models for 2018, that does not mean there are no good values to be had on a used boat, too. In fact, many dealers sell both new and used boats, although the used ones are less likely to come with a warranty. Consider that just a few major repairs on a used boat could consume the entire savings you pocketed buying a used watercraft instead of a new one. By choosing a new model instead, you can enjoy peace of mind knowing the warranty covers most mechanical or structural issues that may arise.
Don’t Forget Boat Insurance
As you might imagine, we can’t forget to tell you that you should contact us if you do choose to buy a boat. Watercraft coverage is a must to guard against the loss you could suffer should your new boat be physically damaged, while on the water or while being towed. It will also protect your current and future assets should you be found liable for an unfortunate accident. Remember, you assume new risks the moment you become a boat owner, and your homeowner’s insurance provides very limited coverage, and depending on the boat you choose, it may not provide any coverage at all.
With the right coverage, you’ll be protected for:
- Injuries to your passengers
- Third-party bodily injuries
- Third-party property damage
- Boat damages
- Special equipment damages
- Personal property damages
- Special assistance
- And more
To find out more about watercraft insurance or to request your free quote, contact the team here at Imes Insurance Associates today.