Are you planning to buy a boat for the first time? Here are some suggestions to ensure you have adequate protection if your boat is involved in an accident or damaged by a natural disaster or criminal act.
Liability Insurance Coverage
Liability insurance coverage protects you against injuries and damages for which you are at fault. As a new boat owner, it’s important to consider the risk of being involved in an accident.
If you are found at fault, you may be responsible for legal fees, medical bills, and repair costs. Liability insurance helps reduce these out-of-pocket expenses by reimbursing you for the costs you are responsible for paying.
Natural Disaster Coverage
Weather patterns can be unpredictable when using your watercraft. Even experienced boaters may encounter situations that result in physical damage to their boats.
As a new boat owner, you may be at greater risk of encountering damage caused by high winds, heavy precipitation, or other natural disasters. Insurance coverage for natural disasters can provide financial relief by supplementing the costs of professional repairs needed for your boat.
Criminal Activity Coverage
A new boat may be at an increased risk of theft or vandalism. If you plan to invest a significant amount in purchasing your boat, it’s wise to protect your watercraft against potential criminal activity with the right insurance coverage.
Get Guidance From an Insurance Agent
Contact The Insurance House to acquire the insurance coverage you need. An agent serving Tucson, AZ, will guide you through the process and help you find the best policy for your new boat.
