A small boat, such as a canoe or other un-motorized boat, is typically covered under the personal property portion of your homeowners’ insurance policy. If you own a larger, faster boat, you’ll need a separate boatowners insurance policy. A typical boat insurance policy is designed to protect your boat, motor, equipment, and passengers. It affords similar coverages to those you typically have for your car including:
– Personal Liability – A boatowners insurance policy provides protection for legal liability and pays, up to the limit of your policy, the legal obligations imposed upon you due to an accident resulting from the ownership, maintenance, or use of your watercraft, including bodily injury, property damage, and legal defense.
– Medical Payments- This pays medical expenses, up to the limits in the policy, including the insured’s boating-related medical expenses from an accident arising out of the ownership, maintenance, or use of the boat.
For added protection, consider the following additional coverage options:
If you want to know more about Boat Insurance. Get in touch with Allison Watkins or request a Quote today.