5 Things You Need To Know About Boat Insurance

You own a boat and want to safeguard it, but there are a few things you should know before purchasing coverage. When shopping for high-quality boat insurance, keep these criteria in mind.

Your Boat Is Not Covered By Your Home Insurance.

Your Willis, TX homeowners insurance coverage will not protect you unless you possess a canoe or another small watercraft without a motor. A separate policy is required for any boat with a motor.

Boat insurance coverage options typically mimic those found in auto insurance policies, such as personal injury and property damage liability, comprehensive and collision, uninsured/underinsured boater, and medical costs.

Boat Insurance Offers Broad Coverage

A boat insurance policy will safeguard you in the event of a tragedy. These typically involve losses such as sinking, theft, collision, storm damage, and more.

You Can Buy Optional Coverage

Optional coverage for your boat is available to safeguard you against unforeseen events. One of these possibilities is coverage for emergency services if you become trapped in the water on the side of the road.

You can also get wreckage removal insurance. It pays for the lifting or removal of a sunken vessel covered by your coverage and when required by law. Other possibilities include coverage for fuel spills and protection if you use your boat for water activities like fishing. You can also preserve personal effects, defend against ice or freezing damage, and many other things.

Some Policies Allow a Coverage Pause

You may be able to purchase a policy that allows you to discontinue coverage when your boat is not in use. While this may save you money, it also means you won’t be able to utilize your boat during this period. If something goes wrong, you’ll be on the hook because you won’t have insurance.

Your Boat Insurance is in Great Hands At Melvin Gessner Insurance Agency

Here at Melvin Gessner Insurance Agency, we understand boat insurance and are here to help however possible. We’re proudly serving Willis, TX and can help you figure out the best boat insurance policy for your needs. Give us a call today and let us create a custom quote for you!