Navigating the Waters: Boat Insurance Essentials in Memphis, TN

Memphis, TN boat owners often rely on the good folks at Keltner Insurance to address any concerns about their watercraft. Before you shop for a boat insurance policy in earnest, it is in the best interests of Memphis residents to do as much research as possible. Be sure to consult the following guide once you are ready to get started.

Is Boat Insurance Required In Tennessee?

While boat insurance is not required in any state, that does not mean a boat owner can decide to go without. If a bank loan is involved, they will require insurance coverage for the boat. The same goes for any boat owner looking to utilize a marina.

What Is The Most Important Factor To Consider?

This is where the knowledge that an experienced boat insurance agent can provide becomes even more important. There is no one-size-fits-all answer to provide here. When it comes to boat insurance policies, no two are ever going to be exactly alike. Any client who attempts to base their policy on someone else’s will be left holding the bag at a later date.

Does The Name on the Title Matter?

In a word, yes. The client’s name must be listed on the boat’s title to obtain a boat insurance policy. A boat that has been insured under a different name is a boat that does not have any insurance coverage, so this is a crucial piece of information to bear in mind.

If you would like to learn more about the ins and outs of boat insurance essentials in Memphis, TN, contact Keltner Insurance. Our team of professionals is more than happy to answer any additional questions from our prospective clients.