Owning a boat is sure to be a lot of fun! There’s nothing quite like spending time out on the open water with the people that you love the most. However, owning a boat certainly comes with a certain level of responsibility. While Boat Insurance coverage may not be required by law, it’s certainly something you should want to consider. Southern States Insurance is here to explain to you why you may want to consider adding Boat Insurance to your policy plan.
Boat Insurance Coverage
As mentioned, the law of Boat Insurance may not be required, but it is sometimes required by your lien holder. Not to mention, having proper Boat Insurance coverage will ensure that you and your boat are protected should there be a need to file a claim.
Boat Trailer Coverage
Don’t forget about your boat trailer! Boat trailer coverage means that your trailer is protected in an accident or other damages. Remember, your boat trailer is just as important as your actual boat, so it’s critical that it also has proper coverage. Keep in mind; your boat trailer is a separate structure than your actual boat.
Nobody enjoys a breakdown in the middle of nowhere! Emergency services cover the costs of towing or the cost of delivering gas or a new battery to get your boat up and running once again.
Property coverage is essential because not only does it cover the costs of damages in an accident, but it can also cover costs associated with theft or fire.
Uninsured Watercraft Coverage
Uninsured boat drivers can wreak havoc on your insurance claim. However, with uninsured watercraft coverage, you can rest easy knowing that your boat, yourself, and anybody riding on your boat will be financially protected.
Watercraft Liability Coverage
Should you be involved in an accident, watercraft liability coverage would cover the costs of the other person’s boat and any personal injuries that they may experience at the time of the crash up to the policy’s limits.
Watercraft Medical Payments Coverage
Medical payments can add up. Watercraft medical payments coverage indicates that medical fees will be covered in the event of a boating accident up to the policy’s limits.
Who Should Acquire a Policy?
Any person who owns a boat should carry Boat Insurance for their own best interests. Even if you don’t get your boat out on the water, there are multiple issues that can occur even while your boat is stored away.
Reach Out To The Specialty Insurance Brokerage
If you would like more information about Boat Insurance, please don’t hesitate to reach out to Southern States Insurance for more information. We are here to answer your questions and provide valuable insight on which insurance policies are right for you. Contact us today to learn more by giving us a call at 888.971.6304 or request a quote online today.