"With spring on the horizon, your agency is likely to start getting requests for watercraft coverage-after all, with very few exceptions, most of us live within a short distance of an ocean, lake or river. But if you don't have a lot of dealings with this exposure, you may find yourself run aground with an E&O claim. Here are a few tips on navigating the waters of boat insurance.

Why not simply place the coverage under a homeowners or renters policy? While this may be tempting, particularly if your client is looking to save some money, it's not generally a good solution. While the premiums may be less, there is no doubt that the coverage is limited as well...."