Financing

Buying a boat doesn’t need to be as painful as you might think! Naturally, prices for new boats vary depending on size and make. If you’re in the market for a boat, DDZ Marine can offer a great package. As well as useful advice, we will help you find financing tailored to your budget.

Purchasing a boat from DDZ marine offers a number of advantages, including

  • access to multiple finance sources and/or special manufacturer and dealer finance programs
  • year-round service departments
  • extended warranty programs
  • manufacturer and dealer incentive programs
  • insurance

This means:

  • Lower down payments
  • Faster credit decisions
  • Longer financing terms
  • Lower monthly payments

We can offer SGB FINANCE – THE FINANCIAL PARTNER OF THE BENETEAU GROUP FOR MORE THAN 10 YEARS.

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Insurance

When it comes to insuring your boat, it’s often best to separate your boat insurance from your homeowner’s policy. Many homeowners’ policies limit or don’t cover marine-specific risks, such as salvage work, wreck removal, pollution or environmental damage. But there are exceptions. Many homeowner’s policies include perfectly good coverage for smaller boats and motors, usually with a horsepower limit of from 25- to 100-horsepower.

Insurers consider many factors when deciding whether or not to offer a policy. Almost any vessel can be insured— for a price. You want to consider the following to make sure the policy you purchase meets your needs:

  • Age of Boat
  • Length
  • Value
  • Speed/Horsepower
  • Condition
  • Type (Inboard, Outboard, utility, cruiser)
  • Ownership (more than 2 owners)
  • Where it will operate (Ocean, lakes, bays, rivers, Great Lakes)

Boat Insurance Cost Factors

Many factors are used to set the cost of a policy, and they vary among insurers. Here are some items to consider:

  1. Cruising Area – where you boat
  2. Boating Safety Education – if you have been formally trained or certified
  3. Good Driving Records – both boating and driving
  4. Liability Limits – the higher the limit the higher the cost
  5. Deductible – the higher the deductible the lower the premium
  6. Towing insurance requirements for offshore fishing.