What Can a Boat Insurance Policy Cover?
Unfortunately, accidents happen – even on the water. A specialized Boat Insurance policy covers your boat or personal watercraft, as well as its motor against potential loss due to:
• Vandalism
• Collision with another boat or object
• Theft
• Damage caused by uninsured or underinsured boaters
Your policy also extends to protect extra equipment attached to your boat such as anchors, oars, canopies, life preservers, and fuel tanks. Coverage for fishing equipment and personal property is also available.
In addition, Liability Boat Insurance can help pay for medical expenses or legal costs if you are at fault in a boating accident. Coverage options include:
• Bodily Injury payments
• Damage to another’s property
• Medical Payments
• Guest Passenger Liability