Before you hit the waves this season, be sure your boat is properly insured. To do this, you'll need to focus on choosing the right balance of liability and property insurance for your watercraft. Many times, owners don't think twice about the premium quoted to them. They just assume their insurance agency is offering the best rate available. However, that isn’t always true. There are numerous ways to save money on boat insurance. With the right discounts, you could reduce the price significantly and give yourself a bit more money to spend on gas instead.

Number 1: Purchase Through a Bundle

One of the largest possible discounts you can get is a multi-policy discount. Some companies offer discounts as high as 20 percent for these types of plans. Try lumping together your watercraft (boats, water skis, and other items), home and car insurance into one bundle from the same insurer and you may see a significant discount overall.

Number 2: Become a Safe Boater

Did you know that many companies offer discounts for those who enroll in safety courses? Taking a safety course that it is approved by your insurer could reduce your costs by as much as five percent.

Number 3:  Pay in Full

Some companies offer discounts to those who purchase boat insurance and pay the premium in total up front. This is in contrast to those who pay for boat insurance on a monthly plan. This helps to reduce the risk to the insurer that you will fail to make payments as agreed. You could save as much as ten percent in some cases for this type of discount.

In addition to these boat insurance discounts, if you have safety devices to prevent theft you may also be able to reduce your costs.

It’s important to talk to your insurance company about the discount options available to you.

How much could you be saving? Call Casey Insurance Group at (888) 537-1412 for more information on Florida boat insurance.