Boat insurance is a specialized form of property and casualty coverage that provides financial protection for boat owners. It safeguards against loss or damage to the vessel, its motor, trailer, onboard accessories like electronics and other equipment, as well as liability coverage in case of accidents or injuries to others caused by you or your boat.
More About Boat Insurance
Depending on the policy chosen, it may also cover personal items such as lifejackets, fishing poles and GPS systems; medical payments for passengers injured while on board; emergency assistance should your craft become disabled at sea; road side assistance if your trailer needs help away from the water; and even total wreckage removal should an event lead to sinking your vessel.
It’s important to note that not all policies are created equal as there are multiple types of coverage to consider. Damage caused by accidents and other small mishaps can be covered under collision insurance, while acts of nature (storms, floods) and third-party damages are typically taken care of with comprehensive coverage. Liability protection is essential if you plan to take your boat out in public waters to protect against any legal claims from those aboard or those sharing the waterway.
It’s often best to contact an experienced boat insurance provider for more information about the various policies available and what type suits your particular needs. Doing so will help ensure that you have the right amount of coverage at a fair price so that you can stay safe on the open seas.
Get Help Insuring Your Boat
Our team can work with you to determine the best coverage options for your watercraft, and then contact multiple carriers to ensure your receive the lowest rates possible. For a free consult, contact us directly at the number above or by clicking on the quote button.
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