When you’re out on the waterways, there’s always a chance that something might go wrong. We hope it doesn’t, but the most important thing you can do is make sure you’re covered if it does.
Things to Consider About Watercraft Insurance
Medical Payments Coverage
Medical coverage typically helps take care of eligible medical expenses as defined in your policy. The limit you choose for this coverage will decide how much coverage you will have.
Physical Damage Coverage
When something goes wrong, good boat insurance coverage can mean all the difference in the world. It can be the difference between sinking and surviving. This optional coverage is typically designed to take care of your boat, motor, and trailer all the time. Our agents will help you determine the right amount of physical damage coverage for each boat on your policy. You will also need to choose a deductible, the amount you would pay on a claim before your policy kicks in.
Liability Coverage
If you’re involved in an accident, there’s a good chance another person or another watercraft is involved. And if you’re at fault, you’ll need liability coverage. Unfortunately, sometimes it only takes a minute to turn a good day into a bad one. And when the unexpected happens, liability coverage typically makes a big difference. It’s an important part of your watercraft policy.
If you plan to spend time on the water, you need to plan for the unexpected. Enjoy your time on the boat, but protect what you’ve worked hard to get by including adequate Liability Coverage. If you or someone else in your household has a boating accident that injures someone else (including a swimmer or water skier) or damages someone else’s watercraft or dock, you’ll feel better knowing that you have coverage in place to help manage the situation. You can choose a lot of liability coverage or a little – it’s up to you. We’ll show you what coverage and limits may be available and how to get the maximum personalized protection you need. Whether you’re a lifelong boater or just getting started, it’s always a good idea to take a close look at your new or existing marine policy. We can help.
| THINGS THE INSURANCE COMPANIES AND AGENTS DON’T TELL YOU: |
1.Who pays to recover your boat from the bottom of the lake? Did you know by State / Federal law you are required to do so and also clean up the gas/ oil? Who pays? This section of coverage IS provided / offered by SOME insurance companies – not all.
2. If you were insured by a UN-INSURED boater or someone with basic coverage, where would you collect the rest of the damages for your injuries? Again, this coverage section IS not automatic, it just depends on your insurance policy and advice from your agent.
