GET AN INSURANCE QUOTE!
The right kind of boat insurance coverage you need is dependent upon a few different issues. Insurance for a small fishing vessel, for instance, is a very different matter from insuring a large catamaran or spacious yacht. But generally, there are three kinds of coverage included in a standard boat insurance policy:
- Injury liability for costs related to the harm of another individual.
- Liability for costs related to damaging someone’s property.
- Physical damage liability for damage to the insured’s own boat, trailer or other property
Any Watercraft Can Be Insured
Just about any kind of watercraft can be insured. Every type of boat – from a kayak to a speedboat – can potentially be stolen, damaged or involved in an accident that results in injuries.
Even if your vessel is in dry storage, it can possibly be vandalized or damaged by fire or weather.
Be certain to consider the degree of coverage you’d require to fix or replace your boat if it’s damaged or stolen – ask your Arachas Group for assistance in finding the right coverage so you can enjoy peace of mind when you’re out on the water.