Why Do You Need Boat Insurance?
Your boat is an investment that means a lot to you, and knowing that your boat is protected so to be ready for a day trip on the water is an important aspect beyond knowing that you will be financially covered if something happens.
It is no less important to have the best boat insurance policy from a reliable boat insurance company, so that you are always safe in the most unexpected circumstances.
A good boat insurance policy not only covers the boat, but also helps protect you and your boat from adverse events such as accidents, collision, physical damage and theft, in addition to medical coverage and damage by third-parties, whether on the water or on land.
Boat insurance also covers the cost of salvaging a sunken boat, towing services and towing coverage and cleaning up any oil spills.
It is also important to remember that boat insurance is often required by your state, your marina and/or your boat finance company (if applicable).
Boat insurance is very different from home insurance, so it’s best to take out insurance with a company specializing in insuring boats.
Experts recommend not relying solely on your home insurance policy. In many cases, your homeowner policy may not even cover liability protection, and damage is typically covered only under $2,000. However, your umbrella policy is a great addition to your marine policy, as it extends liability protection at an affordable rate.
When it comes to choosing which boat insurance company, you should partner with experts who are also boaters.
That’s where Ahoy! insurance comes in.
Ahoy! tailors the right coverage specifically for your boating needs and can provide coverage for your specific requirements and lifestyle (for example, do you have expensive fishing equipment? or you like to bring friends on board?)