Why You Need Boat Insurance

Are you considering whether or not you should insure your boat? You’ll feel more relaxed when you are on the water if you don’t have to worry about the safety of your investment, your passengers, and yourself. Consider the following facts when determining whether to insure a boat:

• If your boat is responsible for an injury to another person or damage to another watercraft, you could be sued.
• If you or a passenger is injured in a boating accident, the medical costs can be very expensive.
• If your boat is stolen or damaged in an accident, you’ll have coverage to fix or replace it.
• Your boat also needs protection when it is on land, and insurance can protect your watercraft in the event it is damaged in an accident while towing.