If you own a boat, there are a lot of risks that exist with it. There are many boating accidents every year, and people and property can get damaged. As a boat owner, you need to protect yourself from a number of these risks. Boat insurance works much like auto insurance in many ways. There are different types of coverage that are all wrapped up in one policy. When you don’t have boat insurance, call us at Rich Insurance Agency LLC in Kansas City, MO.
Liability Boat Coverage
When you’re out on the water, an accident with another watercraft can happen. Boating accidents are common, and you need to be financially protected in case this happens. When you’re judged as being at fault for the accidents, you will be liable for costs like medical bills for the injured party and damage to the craft and personal belongings. The minimum boat coverage you should have is liability protection. This means coverage for both personal injury liability and property damage liability. When you have this coverage, you can go boating with more confidence and peace of mind.
Other Boat Coverage
There are also other types of boat coverage that you may want to have. When you have liability coverage only, it doesn’t cover any of your own damages. To cover damage to your own property in an accident, you need collision coverage. When boating, your boat may not just get damaged, it can also sink. Your insurance can pay for a boat replacement to help save you from having to pay for a new boat by yourself.
Get Your Boat Insurance Policy
Don’t go boating without insurance coverage. To find out more about boat insurance and to get started with a policy, call us at Rich Insurance Agency LLC in Kansas City, MO.
