{"id":42,"date":"2021-05-26T04:00:00","date_gmt":"2021-05-26T10:00:00","guid":{"rendered":"https:\/\/www.ncibinsurancegroup.com\/blog\/?p=42"},"modified":"2021-05-25T15:10:43","modified_gmt":"2021-05-25T21:10:43","slug":"do-i-need-boat-insurance-all-year-round","status":"publish","type":"post","link":"https:\/\/www.ncibinsurancegroup.com\/blog\/do-i-need-boat-insurance-all-year-round\/","title":{"rendered":"Do I Need Boat Insurance All-year-round?"},"content":{"rendered":"

You only enjoy your boat when the weather is warm, right? So, you should carry boat insurance during boating season? Most people in Chicago, IL cancel their boat insurance when not using it, but this trend may cost them their boats when tragedy strikes. Still not convinced? Hang on as NCIB Group Inc. shares insights on why you need boat insurance all year through.<\/span><\/p>\n

It may be required<\/span><\/strong><\/p>\n

While boat insurance isn’t mandatory in Illinois, if a federal-registered lender has financed your boat, they may require you to have boat insurance throughout the year to protect their financial interest. <\/span><\/p>\n

Out of water risks<\/span><\/strong><\/p>\n

Yes, you are not using your boat in the water, but mishaps can still happen outside the water. Perils like theft, falling objects, hurricanes, vandalism, and fire can still happen even when your boat is parked. Without boat insurance, you will have to cater for the repairs or loss from your pocket. However, when you have boat insurance, you can ease this financial burden.<\/span><\/p>\n

It saves you money!<\/span><\/strong><\/p>\n

We know you are surprised at this, but let’s explain how you save money by carrying your boat insurance throughout the year. Firstly, most insurance companies reward you with a deductible reduction for every claim-free year. Secondly, some insurers give their clients loyalty discounts, reducing their premiums. See how you save money by spending money? <\/span><\/p>\n

For peace of mind<\/span><\/strong><\/p>\n

It’s human nature to worry. But some worries can be shelved off with insurance. Without boat insurance, you will not be at ease when you know perils like fire, theft, and vandalism are always a threat. While you may have home insurance, it only gives limited protection to your boat. Whereas life is full of worries, let boat insurance take some from you. <\/span><\/p>\n

Buy boat insurance in Illinois.<\/span><\/strong><\/h3>\n

Are you shopping for boat insurance? Please don’t look beyond NCIB Group Inc. We understand boaters have varying insurance needs. For this reason, we offer personalized boat insurance coverage to suit various needs. Contact us today for an affordable quote.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

You only enjoy your boat when the weather is warm, right? So, you should carry boat insurance during boating season? Most people in Chicago, IL cancel their boat insurance when not using it, but this trend may cost them their boats when tragedy strikes. Still not convinced? Hang on as NCIB Group Inc. shares insights on […]<\/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-42","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