While water accidents are less common than road accidents, they can be far more damaging, financially speaking. The most common boating accidents involve collisions with other vehicles and solid ground.
As Florida flourishes as a hub for recreational boaters, accidents are likely to increase. What’s worse, home insurance and property insurance policies in Bradenton often only cover small boats.
On the other hand, boat insurance policies cover most boating vessels and provide greater benefits. Here are five of them:
- They cover significant physical damage
Boat insurance covers physical damage to your boat on land and water. Repairs can be costly, and such policies cover damage caused by collisions and other disasters. They also protect your interests if your boat is stolen or vandalized, or if it sustains damage due to fire.
- Liability coverage
If your boat collides against another boat or someone else’s property, it may cause damage that you will be liable to pay for. Your boat insurance will cover any such damage, though.
- Medical payments for insurer and passengers
Boat insurance also covers medical injury liability. If anyone on your boat gets hurt, your policy will ensure that you are taken care of.
The amount of coverage and payment details are flexible, and will be determined by the nuances of the policy.
- Damage caused by extreme weather conditions
Weather conditions can, at times, be detrimental to your vessel. A storm can wreak havoc on your boat, leading to rather pricey repairs. With a boat insurance policy, you need not worry. You will be covered and insured against damage caused by extreme weather conditions.
- Fishing equipment
For a lot of people, boats and fishing go hand-in-hand. If you love fishing, you can use your insurance policy to cover lost fishing equipment as well. This will allow you to go fishing with a lot more peace of mind, and that’s exactly what it’s about!
Manatee Insurance can promise you a worry-free boating experience with our boat insurance plans. For consultations, visit our website or call us at 941-747-7283 to set up a plan that suits your needs and budget.