Watercraft, such as boats and jet skis, provide a perfect escape from the hustle and bustle of everyday life. Whether you’re alone or with family and friends, these vessels offer an opportunity to enjoy the peacefulness of the water or the thrill of speeding over it.
Owning a boat can be a large responsibility, and securing appropriate boat insurance is one of them. It is crucial because, operating a personal watercraft or a boat can cause severe harm to other individuals, or lead to significant property damage. Therefore, it is essential to prioritize safety and ensure that you have the right boat insurance policy.
While some may opt to modify their homeowner policy for watercraft protection and liability coverage, it can be beneficial to have a separate boat insurance policy for a more comprehensive approach. For individuals with significant assets to safeguard, broader coverage is crucial. Furthermore, some boat types may not be eligible for standard homeowners policy coverage, making a dedicated policy a necessity.
How Boat Insurance Can Protect You
Boat Policies vary between different insurance carriers, but may include:
- Host Liability Coverage – This can cover your legal obligations in case of an accident, such as lawsuits and related expenses. We highly recommend purchasing coverage with high enough limits to accommodate any severe injuries and loss of earnings that a victim or victims may experience.
- Property Coverage – If an unfortunate accident befalls your boat, motor, or equipment, property coverage will pay for the repair or replacement costs. You can set the deductible to a level you are comfortable with, in the event of a claim.
- Uninsured Boater Coverage – This coverage safeguards you in case of an accident caused by an uninsured boat operator who lacks the resources to compensate you for the damages they caused. It’s advisable to choose the same limit for this coverage as your liability limits for optimal protection.
- Your use of boats not owned by you may be covered in specific cases of damage.
A and H Insurance agency wants you to have a stress-free time on the water, without any insurance-related concerns. Our team of experts focuses on crafting the most comprehensive boat insurance policies, so you can rest assured that you are receiving the best coverage possible for your dollar. We primarily insure clients in Nevada, California, and Arizona, but are licensed in over 20 states.
Whether you’re a power boater, sailing enthusiast, or commercial fisher, we will customize a boat insurance policy that fits your individual requirements. We work with several reputable insurance companies experienced in all aspects of boating and boat ownership to obtain the coverage you need. Contact us today to see how A and H can protect your investment!