Boat insurance can offer a safety net if you’re responsible for an accident, but what it covers depends on your policy. Many people are surprised to learn that coverage for at-fault incidents isn’t always automatic. The types of protection included, and the way claims are handled, can vary from one plan to the next.
The Insurance House, serving Tucson, AZ, explains.
How Your Policy Handles At-Fault Accidents
When you’re at fault in a boating accident, collision coverage is the key feature that steps in to repair or replace your vessel. If you hit a dock, another boat, or even an underwater hazard, this part of your insurance typically pays for your own damage (up to the limits set in the policy). Some policies include collision coverage as standard, but others offer it only as an add-on. Without it, you’d have to cover the repair costs for your boat out of pocket, regardless of fault.
Liability Coverage and Its Role
Most boat/watercraft policies also include liability coverage, which handles costs if you injure someone or damage their property. This applies even when you’re found responsible for the accident. However, liability protection won’t cover your own boat’s repairs; that’s still handled by collision coverage.
Important Limits and Exclusions
Your insurer may deny a claim in certain situations, no matter who’s at fault. Exclusions could include using the vessel in a race, renting it out, or operating it under the influence. Reviewing your policy’s limits and exclusions before hitting the water can prevent unwelcome surprises after an accident.
If you’re unsure about your coverage or want to be certain you’re protected when you’re at fault, contact your insurance agent at The Insurance House, serving Tucson, AZ. We can explain the details and help you adjust your policy to fit your needs.
