Summertime is the perfect season to get the boat back in the water. While owning a boat is great fun for the whole family, it can also be stressful.
Carrying the proper amount of boat insurance is key to happily enjoying the lake or river this summer.
Here is a quick rundown of boat insurance:
A boat owner’s policy will insure you against the majority of risks associated with owning and operating a boat. You will be covered against fire, storm, theft, collision and explosion. The property associated with your boat such as anchors, oars, life preservers, and water skis would also be covered (subject to policy limits).
In addition to physical damage, a boat policy protects you from liability lawsuits if you injure someone or damage their property with your boat (subject to policy limits).
A boat owner’s policy also offers medical payment coverage. It will cover medical expenses for you, as well as any other people on the boat who were injured in an accident. (Medical payments are subject to policy limits.)
For more information about boat insurance or to check your current coverage, give us a quick call at the office today!