With the official start of summer just around the corner, consumers are firing up their boat engines to enjoy life on the water, beach, or the lake. It's a great time to take in the beautiful scenery, making the most of the great weather, fishing, swimming, and even just relaxing.
However, boating can pose serious risks when you're on the water. Boating risks include drowning, crashing, electric shocks, other injuries such as slipping and falling, and being caught in hazardous weather.
It’s important to understand insurance for boats and personal watercrafts and the implications associated with boating. Liability claims are common risks associated with boating. Understanding these risks can be essential for boat owners to adequately protect themselves, their passengers, and their investment. While boat insurance is only mandated in a few states, lenders and marinas typically require coverage for liability and physical damage. Specific coverages vary. Here are a few key coverages to consider.
· Liability coverage
· Physical damage coverage
· Uninsured watercraft coverage
· Medical payments coverage
· Personal effects coverage
· Towing and assistance coverage
If you have a boat or are thinking about buying a boat, talk to us about insurance. We will walk you through your options to help you select the coverage you need.
With peace of mind while practicing boating safely, have a wonderful time on the water!
For more information about recreational vehicle insurance, visit our website.