Is Your Boat Insurance Ready for Boating Season?

Man boating on lakeBoat Insurance During the Lay Up Period

As you are getting your boat ready for the start of boating season, it is important to review your boat insurance policy to make sure that it is providing the right amount of protection. When looking for the right policy, make sure to take a look at these coverage options.

  • Liability – if you are found to be at fault for an accident on the water that causes injury, the liability portion of your boat insurance will cover the costs of any medical bills. It will also pay to replace or repair any property that was damaged during the accident. Liability coverage will also help to pay for any fuel spill cleanup costs and wreckage removal after the accident.
  • Physical damage – if your boat is damaged while on the water, physical damage coverage will pay to replace or repair any permanently attached equipment, including the motor. Physical damage coverage will also provide protection for any damage that is done to your trailer.
  • Uninsured/underinsured watercraft bodily injury – if your boat is hit on the water by another driver who does not have boat insurance, or does not have enough coverage, uninsured/underinsured coverage will pay for any lost wages, medical treatment, and any other costs that are associated with the accident.

When looking for the right policy, it is important to make sure that you have protection during the lay-up period, or when your boat is being stored during the winter months. Even though your boat is not on the water, it is still at risk of being damaged, so having enough coverage will help to ensure that you will not have to pay for the damages out of your own pocket.

For all of your boat insurance coverage needs and to ensure that you are protected both in and out of the water, contact the independent insurance agents at Mayer Insurance in Apple Valley, Minnesota.