Boaters in the states of California and Arizona are not mandated by law to carry boat insurance. However, if you own a watercraft, it doesn’t mean that you shouldn’t get one.
Before you go sailing on Lake Tahoe or cruising the waters of Lake Pleasant, you need to ensure that you, your passengers, and your boat are protected against the unexpected. Otherwise, a fun day could turn into one of your biggest nightmares.
A boat insurance plan allows you to enjoy the waters without worrying about the safety of everyone on board. Boat insurance providers offer different coverage options to suit the unique requirements of each boat owner. The types of protection typically included in a boat insurance policy are as follows:
This pays for the repair of your watercraft if it’s partially damaged in an accident or the replacement of your boat if it’s stolen or wrecked beyond repair in an accident. The coverage applies whether your boat is on water or land.
This covers the medical bills and the property repair and replacement expenses of another boater involved in an accident for which you are at fault. If the other party sues you, this compensates your legal fees as well.
Uninsured watercraft coverage
If you and your passengers are hurt in a watercraft collision caused by an uninsured boater, this provides coverage for your medical care.
Medical payments coverage
This insures you and your companions against any boating accident, whether it is your fault or not. This reimburses the cost of your and your passengers’ medical care if you are injured.
Since boat insurance needs vary across different types of boats, you may include coverage add-ons to your policy.
Personal effects coverage
This handles the repair or replacement of your personal effects such as fishing equipment and scuba/snorkeling equipment but excludes valuables like watches and jewelry.
Collision and comprehensive coverage
Collision insurance covers the damage to your watercraft if you collide with another boat or a structure, while comprehensive coverage covers the damage to your boat caused by a non-boating incident.
Emergency assistance coverage
In the unfortunate event that you get stranded on the water because your boat suffers mechanical, battery, or electrical failure, this coverage offers towing and other services.
If you’re seeking a customized policy at the best deal, reach out to us online. Our independent agents have access to a menu of boat insurance plans.