If you’re a boat or watercraft owner, preparing and protecting your vessel before taking it out on the water is crucial. There are over 17 million boats in the United States, including 13 million registered and 4 million unregistered. As a responsible boat/watercraft owner, you should be aware that boating accidents happen frequently. Therefore, it’s extremely important to have proper boat/watercraft insurance to protect yourself and your valuable possessions. Here are some things you need to consider when shopping for boat/watercraft insurance:
1. What boat/watercraft insurance covers
Typically, standard boat/watercraft insurance covers the following:
- Collision damage
- Bodily injury liability
- Property damage liability
- Comprehensive coverage
You can also purchase additional coverage to ensure you’re fully protected. It’s recommended to discuss this with an insurance agent who can help you choose the best coverage.
2. The value of your boat or watercraft
When shopping for this type of insurance, make sure to provide the insurance agent with information about the value of your boat or watercraft so that they can find the best coverage for you. Remember that the value of your boat isn’t always directly tied to the original purchase price.
3. The use of your boat/watercraft and its location
This is also one of the most important factors to consider when looking for insurance. For example, if you keep your boat in a marina, the owner’s association might have an insurance policy covering boats. However, if you keep your vessel at a private dock, you’ll need to get full coverage.
Alpine Ridge Insurance – A Reliable And Trustworthy Insurance Company
If you’re a boat or watercraft owner in Auburn, WA, or any other nearby area, and you’re looking for boat/watercraft insurance, Alpine Ridge Insurance is here to help. Our professional and experienced insurance agents will answer all your questions and help you find insurance based on your individual needs and budget.
