Boat insurance is vitally important for anyone that owns a boat or other watercraft. You need to not only protect your own interests, but you also want to keep yourself protected in case you damage property or someone else’s boat in an accident. However, even though you do not want to be without insurance, you do not want to pay more than you have to. Because of this, many people wonder if it is optional to only insure a boat during the summer season, when they will have the boat on the water.

This is not a simple question. While you could simply insure your boat only during the months you will have it on the water, this is not quite as good of an idea as it might seem. Just because you will not have your boat on the water, you likely still want to have it protected from other incidents that could occur. For instance, if it is stored on your driveway, it could be damaged during a hailstorm or tornado. If you did not have insurance, you would be completely out of luck.

Because of this, you probably want to keep the boat insured year round. However, there are other options. Many insurance companies including those from Lufkin, Texas will offer an insurance policy that is less expensive during the winter months, when your boat is not on the water.

The best way to understand this process is talking to an independent agent. You will get more information about what you can expect to pay, and the different ways you can save money. You will find that talking directly with an agent is often the best way to understand your insurance policy and the fees associated with it.

It is common knowledge that everything is bigger in Texas. The insurance industry is no exception! Business is booming, as more people are aware of how important different types of insurance are to their personal and financial security. Whether you already have coverage and are considering a move to save money, or you think you need additional insurance to take away some of the stress and worry of everyday life, understanding what’s happening with Texas insurance is vital. Keep in mind some of these interesting facts when you get ready to change or add to your current coverage.

• According to information provided by the Texas Department of Insurance, the average cost of a homeowner’s premium in Texas is steady when compared to a few years back, even though the size of the policy has increased. This means that insurance has actually become a better deal for homeowners.
• Sadly, Texas has the highest rate of people without any form of health insurance, of which 80 percent are native or naturalized citizens.
• You are unable to register a car in Texas without providing proof of insurance with a minimum liability of $30,000 for bodily injury, up to a total of $60,000 per accident and $25,000 for property damage.
• If you are caught driving without insurance in Texas you will face fines and possibly stiffer penalties. For just the first offense, fines can be $300 or more, while further offenses carry fines up to $1,000 and license suspension. Choosing to drive without insurance usually costs more than just taking out the required policy.

As you can see, there are many reasons why you should look into getting the coverage you need with a local independent agent in the state of Texas. While car insurance is currently the only mandated form of insurance, you will find that life is much less stressful when you have adequate coverage of all types.