What does boat insurance cover?

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Your boat is a valuable asset that you worked hard to acquire. Countless hours spent in the office and the consistent discipline to purchase the necessities and forgo expensive desires have brought you to this moment. Why, then, with all the hard work it took for you to buy the boat of your dreams in Cumming, GA, would you sacrifice your financial stability by going without insurance.

There is certainly more to boat insurance than having a cushion that pays for damages to your vessel while it is docked. You also need an assurance plan that covers damages you cause while on the water. The agents at Wichalonis Insurance Agency can tell you more about boat indemnity plans. Read on to learn about what a good policy may cover.

What does boat insurance cover?

Boat insurance in Cumming, GA may cover the following:

  • Collision Damage
  • Property Damage
  • Bodily Injury
  • Non-collision Related Incidents

You may also want to consider additional coverage for roadside assistance, which finances your boat’s recovery when the vessel breaks down in the middle of the ocean. Some owners also purchase plans that cover fishing equipment as well as damages related to oil spills. It may not be a bad idea to purchase boat insurance that provides protection against uninsured motorists. Boat insurance is, after all, not legally required. The likelihood of a collision being with someone who does not have an indemnity plan is, therefore, quite high.

Call Wichalonis Today!

Some homeowners make the mistake of believing that their boats are covered under their home insurance plans. The reality is that your vessel is only covered under your home insurance plan while sitting in your garage or driveway. Your home assurance plan does not extend to the dock or the ocean. You need a boat insurance plan that covers property damage, bodily, injury, and other factors that arise when you take a ride on the water.

The agents at Wichalonis Insurance Agency can help you find the boat assurance plan that works best for you and your budget. Call today to get covered!