Boat Insurance offers coverage for Boats, Yachts, Motor Boats, Dinghies and Personal Watercraft.
When you are on the water, you want to be enjoying yourself, not worrying about what might happen. Buying the right Boat Insurance can put your mind at ease and let you get back to enjoying your watercraft.
Who should buy Boat Insurance and why?
If you are towing your boat behind your vehicle, your Auto Insurance does not cover damages to the boat or trailer in the event of an accident. There is also no Liability coverage for any damage that your boat/trailer may cause to another vehicle. However, Boat Insurance does cover these risks. You should also be aware that many places where you would use your craft require boat insurance to be in place. Marinas and many waterways where a license is required such as: Estuaries, Canals and Rivers will likely require Boat Insurance. Boating is one of the safest pastimes however, accidents can and do sometimes happen. The cost of an accident especially if it involves personal injury can be high. Boat Insurance is protection for you and other boat users as well. If all parties have coverage, in the event of an accident the issue can be resolved and repairs started quickly.
Here are some of the coverages included in a Boat Insurance policy:
- Accidental damage to your craft
- Accidental damage to another parties craft
- Partial Loss
- Personal accident
- Third party liability
- Help with costs arising from shipwreck or sinking such as salvage and or pollution
**Coverage can be expanded with Endorsements to your Boat Insurance policy.