When you own a boat, you may be wondering if you need insurance for it. It isn’t required, though you should really think about getting some for your own protection. While considering whether or not you want insurance in Avon Lake, OH, you should figure out what it covers. Meiners Insurance offers a list of coverages to consider below.
Here are some things that your boat insurance will cover
Your boat itself. Though some plans will cover more than others, your insurance could cover the cost to repair it if it is damaged. It could also replace it if your boat gets stolen. Your boat doesn’t even have to be in the water to be covered!
Property damage. If you damage someone else’s boat or property (such as a dock), you will be held liable for it. Your insurance will cover these costs.
Medical bills. If you or your passengers are injured in an accident, you are going to have to pay for the medical bills, which can add up quickly. Your liability insurance will cover these expenses.
Legal fees. Your liability insurance will also cover any legal fees if you end up getting sued over the accident.
Other people’s negligence. Your boat insurance will likely have underinsured and uninsured insurance. This is used to cover any expenses that the other party may not be able to pay with their insurance.
The best way to make sure that you have enough insurance is to talk to a professional. If you are serious about it, you should contact us at Meiners Insurance in Avon Lake, OH. We will be glad to go over your options to ensure that you feel good about your insurance.