On a beautiful day like today, one of the many great things about summer time is heading out on a boat to enjoy the open water. It really doesn’t matter whether it’s the river, the lake, the bay, or the ocean- being out on the water is unlike anything else. If you’re a boat owner, then chances are you’re itching to get out on the water during a day like today, but before you until those lines, make sure you have the right watercraft insurance attached incase anything were to happen.
With watercraft insurance, you receive coverage in the following areas:
Medical Payments Coverage
Any medical bills that could result from a boating accident are covered here.
Physical Damage Coverage
This one’s pretty straightforward- it covers your boat, motor, and trailer. Remember to choose a deductible (the amount you would pay on a claim) before your policy kicks in that’s right for you and your financial situation.
Liability Coverage
If there’s an accident on the water that involves your boat, then here is where your liability coverage kicks in, especially if you’re the one that caused the accident.
So when you’re out on the water today enjoying the sunshine and warm weather, take serenity in your boat’s insurance policy. Don’t go without this important coverage because you never know when disaster can strike out on the water. Hopefully Mother Nature never produces a storm that severely damages your boat, but if she does, your policy has you covered. We at Paradiso Insurance can tailor any watercraft policy to fit your specific needs