Do You Need Separate Boat Insurance?

Across the US, some 80 million people in enjoy recreational boating and Florida leads the nation with almost 1 million registered boats. According to WESH news in Orlando, the top 3 Florida counties with the most boating accidents are Monroe, Miami-Dade and Pinellas County, with Palm Beach County following closely behind. 

Many boat owners mistakenly assume their homeowner’s policy will be sufficient to cover their boat. Homeowner’s policies generally provide very little coverage for boats beyond a small sailboat. Any boat with an engine merits a separate insurance policy designed specifically for the liabilities involved with boating.  A boat insurance policy will cover you if someone is injured on your boat, and will also provide for either replacement cost or cash value in the case of a total loss of your craft. Your boat coverage will likely also provide coverage for bodily injury sustained by others from your boat. It can also include property damage to docks and other boats. Additional coverage available insurances against theft, fire and flood, vandalism, personal property onboard, or even towing coverage either at sea or roadside if required.

We can help you find out if you can save money by a boat policy with your either your home or auto insurance, and find the policy that will suit your boating lifestyle.