Marine Insurance
When summer is around the corner, boaters can’t wait to get their vessels in the water. But whatever the kind of boat you have, you must protect it with boat insurance. Even if Florida doesn’t require you to purchase boat insurance, ensure you have this coverage before hitting the waters. This coverage can save the day when you least expect it.
Different boat insurance policies
If you have a car, you probably have auto insurance. Then, why would you not have boat insurance if you have a boat? Although boating accidents aren’t as common as car accidents, they occur and can leave a trail of financial losses. Given this reality, please invest in the following boat insurance policies:
- Collision coverage: Like the collision coverage of your auto insurance, this coverage protects your boat against collision-related damage. For instance, if you hit another boat or a rock, boat insurance should cover the damage up to your policy limit.
- Comprehensive coverage: This policy covers the physical damage of your boat against non-collision risks, such as fire, theft, and natural disasters.
- Uninsured/underinsured boat insurance: Since boat insurance isn’t mandatory in Florida, it’s not uncommon to encounter uninsured boaters. If you want to protect yourself from boaters without insurance or have insufficient coverage, invest in uninsured/underinsured boat insurance.
- Liability coverage: No one likes accidents. Unfortunately, accidents are part of life and usually occur when you least expect them. If you are responsible for a boating accident, you are liable for property damage and bodily injury you cause to other people. Thankfully, you can rely on your liability coverage to cover expensive liability claims.
- Medical Payments coverage (MedPay): Boat insurance covers medical costs for you and your passengers when you sustain injuries in a boating accident.
- Emergency assistance: This policy comes to your rescue if your boat stalls miles from shore.
\Ready to invest in boat insurance in Florida? Please get in touch with Easy Coverage USA for a competitive quote.