Things to Know About Boat Insurance

If you’re a boat-owner, Florida is the place of your dreams! Its sunshine, the pearl-white sand and warm waters make it an ideal place for those who are into nautical activities.

On a bright sunny day, it’s hard to stop yourself from steering your boat yourself across the crystal-blue waters. While you get carried away by the thrill of undulating waves, make sure your boat doesn’t hit a boulder hidden under the sea.

What can keep your watercraft safe from such hazards of the rough sea? Boat insurance!

Here are a few things you need to know about boat insurance:

What is boat insurance?

Boat insurance provides coverage for your vesselin case it’s damaged or stolen. It also covers the loss, if you accidently injure someone or damage their belongings with your boat. This is to help you avoid legal battles. Boat insurances usually cater to all sorts of watercrafts from a yacht to Jet Ski. Before getting boat insurance, know what it might and might not cover.

What does it cover?

Medical payment coverage: In case of an accident, this coverage helps you pay any medical expenses for yourself or the person you hit. These may include x-rays, medicines, surgeries, first-aid, and doctor consultation fees.

Liability coverage: If your boat insurance provides liability coverage, you don’t have to worry about paying someone if you hit their boat or dock. This doesn’t necessarily mean accidents. You can also damage someone’s property if your vessel spills fuel.This coverage can also be availed by anyone you allow to use your boat.

Uninsured coverage: If your boat is insured, you have nothing to worry about. But if another boat which is not insured hits yours, you still have nothing to worry about. In that case, uninsured watercraft coverage pays for the losses.

Property coverage: This type of coverage helps you pay for the losses whether your boat is on the sea or on the land. This includes theft, vandalism, damage caused to boat due to a natural disaster, or a collision.

Why is boat insurance necessary?

·         Boats require a hefty investment and are difficult to repurchase

·         It lets you sail with no worries on your head

·         It’s a flexible form of insurance. You can choose the right policy according to the size of your vessel

·         In case of a mishap, you can quickly go back to boating without waiting for too long

Boat insurance is as important as car insurance. If you’re in Bradenton, Palmetto, Anna Maria Island, Myakka City, Sarasota, or Manatee Counties, Manatee Insurance has got you covered! To request a quote, you can either call at (941)7477283 or visit our office at 414, 26thst, W Bradenton, FL 34205.


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