Boat / PWC

Boat insurance is designed to provide coverage for various aspects related to your boat or watercraft. While coverage can vary depending on the specific policy and insurance provider, here are some common coverages included in boat insurance:

Damage to Your Boat: This coverage helps protect your boat's hull, sails, equipment, furnishings, motor, and trailer in the event of damage caused by covered risks such as collisions, accidents, storms, or theft.

Liability Coverage: Liability coverage helps protect you financially if you are found responsible for causing damage to another person's property or if someone is injured while on your boat. It can help cover legal fees, medical expenses, and other costs associated with a liability claim or lawsuit.

New Boat Replacement: Some boat insurance policies offer coverage for new boats, providing the cost of replacing your boat with a brand new one of similar make and model in the event of a total loss.

Agreed Hull Value or Actual Cash Value: This coverage option determines how your boat's value is calculated in the event of a covered loss. Agreed hull value provides coverage for a pre-agreed amount, while actual cash value takes depreciation into account when determining

the payout.

Fuel Spill Liability: If your boat causes a fuel spill, this coverage helps protect you against the costs associated with

 cleaning up and restoring the affected area.

Medical Payments: This coverage can help cover medical expenses for injuries sustained by you or your passengers while on your boat, regardless of who is at fault.

Salvage Coverage and Wreck Removal: In the event that your boat sinks or becomes stranded and needs to be salvaged or removed, this coverage can help cover the costs involved.

Uninsured Boater Protection: If you are involved in an accident with an uninsured boater who is at fault, this coverage helps protect you by covering bodily injury or property damage expenses that the uninsured boater would have been responsible for.

In addition to these standard coverages, there may be optional coverages available for towing, personal property, fishing equipment, and more. It's important to review your specific boat insurance policy to understand the coverage options and limits provided by your insurance provider.