Why Boat Insurance is a Must, Regardless of Boat Type

Why Boat Insurance is a Must, Regardless of Boat Type

When you are a boat owner in Florida, you need to do everything you can in order to protect it. This means getting boat insurance as well as taking care of it throughout the year. It doesn't matter what kind of boat do you have – insurance should still be in place.

A good policy will allow you to enjoy spending time out on the water. There will be less to think about in terms of the “what if” of it all.

Theft is Common

While you’d probably not think about it, boats are stolen all the time. It doesn’t matter what kind of boat it is, either. They’re just like cars. Someone will want what you have and if they see the opportunity to steal it, they will.

If you have a boat insurance policy, then you get to call and file a claim. Otherwise, you’re left solely with a police report and they may or may not be able to recover your stolen property.

Anything can Happen on the Water

No matter how safe you are, anything can happen on the water. This includes accidents where you hit a buoy or even another boat hits you. Additionally, there’s the risk of someone falling overboard or hurting themselves in another way – and you’re the one held liable.

With a boat insurance policy, you would have injury and accident coverage along with liability coverage in case someone chose to sue you over what happened while out on your boat. Since you can never be too sure of what would happen, it’s best to have the policy in place for purposes of protection.

You Need to Protect Your Investment

Whether you have a yacht, a speedboat, a pontoon, or any other boat, you need to protect your investment. The only surefire way to do this is by having a quality boat insurance policy in place. This way, if there is damage, vandalism, or anything else, you will be able to file a claim with the insurance company.

Boats are expensive and you don’t want to have to pay for repairs or replacements out of your own money. No matter how safe you are and what you do to protect your boat, things can still happen. It’s much easier to know you can call your insurance company and file a claim rather than having to pay thousands of dollars on your own.

An independent insurance agent will be able to answer questions and help you to find a comprehensive policy. This way, you have the protection in place all your long. Your boat will be covered and it will make it easier for you to spend time on the water without having to worry about "what if" scenarios.