North Carolina Boats
Get The Best Rates In North Carolina
From America's boat insurance experts since 1984
Marine Insurance
There's nothing quite like boating in North Carolina. The "Tar Heel State" boasts some of North America's best and most diverse boating opportunities, from big game fishing off the coast of Morehead to the lakes and rivers of the Smoky Mountains. The National Boat Owners Association (NBOA) - a leader in NC boat and yacht insurance - wants to remind you that when purchasing or insuring your boat in North Carolina, remember that NC boat insurance is different from insurance in other states for a variety of reasons. Higher risk hurricane and tropical storms along the coast, submerged objects when the ice melts, muskrat and varmint damage, and prop damage from rocky bottoms are just a few hazards inherent to Minnesota's waters. Here are some features to Minnesota boat insurance to keep in mind:
- You may be required to move your boat inland or store it in a hurricane-resistant building in the event of an impending storm.
- During the hurricane months (Jun 1st -Nov 1st) you may not be permitted to navigate into FL or the Bahamas. An endorsement can usually be purchased at an additional cost.
- Insurers may limit the length and value of the boat they are willing to insure to protect against shock losses.
- Bahamas coverage may be included, or added at an additional cost.
- Some carriers put an age minimum on insuring a boat. Older vessels may require an out-of-water survey.
- A credit may apply for boats with a longer lay-up period (when the boat is stored for the winter).
- Sailboat owners receive credit because sailboats are not as hazardous as speed boats.
- A separate deductible may be required for a sailboat mast, especially if the mast is carbon fiber. Carbon fiber is lighter and stronger, but in the case of an accident it usually must be replaced completely.
- Some carriers will not insure catamarans because if they capsize, they cannot be easily righted, like a sailboat.
- An auxiliary motor in case of emergencies may be required or given a credit when rating sailboats.
- Navigation limits may be all along the Eastern Seaboard, or there may be north/south latitude limits. Read your policy carefully so you are aware of your limits.
- For ski boats, be sure waterskiing is not an excluded coverage on your policy.
- Most carriers use a separate windstorm deductible in the event a boat is damaged during a named windstorm.
- Insurers may want more information on where the vessel is kept and who is watching your vessel in the case you are an absentee owner (reside in a state other than North Carolina).