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SkiSafe gives you a reduced rate with the understanding that you don't use your boat four months out of the year. I'm not sure where the line is (though I should) but if it gets stolen, it's probably fine but if you're out on the lake and it sinks, you're out of luck.
Correctamundo!! My four months "not covered" is Dec. thru March. That means "on the water mishaps". As for stowing, trailering or what ever else out of the water, you're covered. BTW, $299.00, includes trailer and $1000.00 on equipment. Skisafe.com