When you are a boat owner, you want to protect your investment in Florida as much as possible. This is going to require boat insurance. There are several ways for you to go about obtaining a policy. The more you learn about coverage, the more protection you can have.

LIABILITY INSURANCE

When you purchase boat insurance, you can have liability protection in place. This is going to protect you in the event that someone injures themselves while on board your boat. It may be common place for you to invite people out on the water with you, whether you are out on the Atlantic Ocean or anywhere else.

If someone hurts themselves, falls overboard, or something else happens, you are the one who is liable. This includes being liable for their medical bills as well as any property damage that you cause. It is also possible for someone to sue you for pain and suffering – and this can add up to a significant amount of money. To avoid going bankrupt all because of one accident, you can have insurance on your boat to provide the necessary protection.

DAMAGE

Damage can happen to your boat as well as to property that isn’t yours. This may occur if you pull to closely when you dock at a restaurant, if you were to hit another boat, or various other scenarios. You want to protect yourself as much as possible, and this is just another reason why you can protect yourself with the right insurance policy.

ACCIDENTS

You should always know what you are doing when you are out on the water and behind the wheel of your boat. There are plenty of courses that you can take so that you are better educated about how to captain a boat. Unfortunately, not everyone knows exactly what they are doing on the water. If you are involved in an accident, you want to make sure that you are able to make the repairs to your boat so that you can resume your leisurely water activities as quickly as possible. By calling to file a claim with your insurance company, they can take care of the majority of expenses.

DRY DOCK

From time to time, your boat may be in dry dock. During this time, various accidents can happen. This includes incidences where the boat falls off of the storage.

THEFT

Theft has been known to happen, particularly in South Florida. If your boat is stolen, you can file a police report. However, it may not be returned – and this is when you want the protection with boat insurance.

All sorts of things can happen to your boat, whether it is in the water or not. When you have a great boat insurance policy in Florida, it will be one less thing for you to worry about. Contact an independent insurance agent today to learn more about how to protect your investment.