Protect Your Watercraft Investment With Boat Insurance 

Boat insurance may provide financial protection in case your watercraft is damaged or stolen or causes injury or property damage to others. It’s an essential risk management tool for anyone who owns and uses a vessel on public or private waters.

Boat insurance may cover various types of watercraft, including the following:

• Sailboats

• Powerboats

• Yachts

• Jet Skis and personal watercraft

Each type may have different coverage needs based on use, size and value.

What Does Boat Insurance Cover?

A boat insurance policy typically includes several types of coverage:

• Physical damage coverage may help offset expenses incurred when your boat is damaged or rendered unusable after accidents, theft, vandalism or other covered events.

• Liability coverage may cover legal fees, medical bills and other related costs if you are found responsible for causing injury to other people or damage to their property.

• Uninsured/underinsured boater coverage may cover accident-related expenses after an accident with an at-fault boater without insurance.

• Personal property coverage may cover personal items on the boat, such as clothes, fishing equipment and other belongings.

• Medical payments coverage may help pay for minor medical treatments if you and your passengers are injured in a boating accident.

How To Get Boat Insurance

To obtain boat insurance, you must first gather details about your boat, such as its make, model, year, length, horsepower and usage. Insurers will use this information to determine your policy rate and coverage options. Then, compare quotes from different carriers to find a policy that meets your needs. Consider the navigational area, storage methods and any required marina or lender coverage. You can usually purchase boat insurance online, by phone or through an agent.

Boat Insurance Agents in Forney, Texas

For more information on boat insurance, contact McDermett Insurance Agency today.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.