Personal Boat Insurance 

Why Do You Need Boat Insurance?

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Although personal boat insurance plans are not mandatory, they are still a vital aspect of responsible boat ownership. A personal boat insurance policy can help in several ways:
 

• Protects and maintains the value of your boat: Many boat owners view their watercraft as a significant investment. The best way to safeguard this investment is through insurance.
   

• Protects other boaters: You can't control the actions of other boaters. Some may be less cautious, potentially causing accidents or damage to your boat. Insurance ensures you're covered in these situations.
   

• Covers costly repairs: Boat repairs can be expensive, and unlike cars, boats can't be used safely if they're damaged. Insurance helps cover the cost of repairs to restore your boat to a seaworthy condition.
   

• Offers peace of mind for everyday accidents: Whether it's your teenager accidentally backing the boat into the pier or storm damage, boat insurance provides reassurance and financial protection when “little accidents” occur.
   

Learn more about personal boat insurance (and why you need it) and request a quote online. 

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Types of Boat Insurance Coverage
 

Boat insurance typically covers watercraft ranging from small to medium-sized boats. Larger vessels, such as yachts, require a specialized type of insurance. Similarly, jet skis, wave runners, and other personal watercraft should be insured with a policy designed specifically for personal watercraft.

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Boat Insurance Coverage Includes:
 

• Broad coverage: Protection for your boat, trailer, and related property against damage from fire, theft, collision with underwater objects, glass damage, storm damage, and even accidents while transporting your watercraft.
   

• Towing and roadside assistance: Whether on land or water, towing assistance is available to get you to the nearest mechanic in case of an emergency.
   

• Bodily injury coverage: Liability and medical coverage in the event that one of your passengers or another boater/swimmer is injured due to your vessel.

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• Property damage: Coverage for damages caused by your boat to another vessel or property