Lake Michigan is the second largest of the Great Lakes, and owning a boat in Chicago opens up a whole world of fun. With over 22,000 square miles of surface water, the possibilities are practically endless. The law in Illinois does not require you have boat insurance on your watercraft, but just because the law doesn’t mandate you have boat insurance, that doesn’t mean you should drive your boat without boat insurance. At NCIB Group Inc. in Chicago, IL, we have over 30 years of experience, making sure our customers have the boat insurance they need. <\/p>\n
If you buy a boat and have a boat loan, your lender will likely require you to carry collision and comprehensive insurance coverage. This is the insurance that protects your boat. With collision coverage, the boat is protected against damage that results from a collision. It can be with another boat, a dock, a tree, or another obstacle. Comprehensive insurance covers your boat from things beyond your control, like a lightning strike, high winds, and theft. Having these types of insurance will allow you to repair or replace your boat. <\/p>\n
Liability is perhaps the most essential coverage you can and should carry. It protects you from the results of an accident you are responsible for. If you cause an accident and someone is injured or killed, you could be liable for medical bills and sued for damages. This puts your assets at risk, and you could potentially lose everything. This is a risk not worth taking. <\/p>\n
If you are not using your boat all year, you can keep only the minimum insurance to protect it while in storage. Making sure your boat and assets are protected is what we specialize in at NCIB Group Inc. in Chicago, IL. As independent agents, we can offer you the top carriers in the business and great rates. Give us a call or stop by our Chicago office for a no-obligation quote. <\/p>\n","protected":false},"excerpt":{"rendered":"
Lake Michigan is the second largest of the Great Lakes, and owning a boat in Chicago opens up a whole world of fun. With over 22,000 square miles of surface water, the possibilities are practically endless. The law in Illinois does not require you have boat insurance on your watercraft, but just because the law […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6,5],"class_list":["post-26","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-chicago-il","tag-ncib-group-inc"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t