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Boat Insurance

Boat Insurance Policies

Boat insurance is your best option for total protection from risks while boating.
Boating can be unpredictable. You never know what’s going to happen out on the water. That’s why boat insurance is a great idea. Damage, loss, theft, and medical expenses following an accident are normally covered. With this insurance, you can be prepared for boating mishaps.

Coverage and Details

Any boat owner can get this coverage. It covers pontoon boats, paddle boats, fishing boats, yachts, leisure crafts, and other watercraft with motors. Canoes and kayaks are generally not included, but verify this with an insurance company.

Policy Inclusions

Boat insurance helps repair damage caused by a boat accident. Property coverage pays for boat repair after damage or replacement. It applies if the boat is on land or on the water. Liability coverage pays for damage your boat causes to other people’s property and their medical bills.

Medical payment coverage isn’t the same as liability coverage. This coverage is for medical expenses incurred by the passengers on your boat during an accident. If an uninsured watercraft collides with yours and causes damage and injuries to your passengers, the uninsured watercraft coverage will pay for all the expenses.

Policy Benefits

Your boat is a valuable asset. And in the event of a collision or fire, or it capsizes, the financial costs can be high. This is why boat insurance is beneficial to have. With coverage, you can enjoy boating without fears or uncertainties.