What Does Boat Insurance Cover?

Boat insurance is the type of insurance that protects a boat/watercraft, engine, and gear from certain risks. It protects from such physical damages as vandalism, boat accidents, or theft. It also provides protection from natural elements, including bad weather, hurricane, floods, and fire. If one of these incidents occurs, and you do not carry boat insurance, you will have to pay for damages out of pocket. 

What Does Boat Insurance Cover?

Boat insurance covers sailboats, yachts, motorboats, and personal watercraft if it is stolen or damaged by a natural element, person, or another boat. Boat insurance also provides liability coverage, the purpose of which is to protect you as a boat owner if you accidentally injury someone or damage their property. A standard boat insurance policy covers the following: 

  • Machinery
  • Furnishings
  • Fittings
  • Permanently attached equipment
  • Hull

Additionally, you can also discuss with an insurance agent other types of coverage. It might be a good idea to also get coverage for the following components:

  • Boat accessories (geo-location instruments, radar, and others)
  • Boat trailers
  • Towing coverage
  • Special equipment (fishing equipment and accessories for example)

Some policies may also cover fuel spills and the cost of wreckage removal if you are involved in a boat accident on the water. 

DJ Kauffman Agency – We Help You Get Insurance Coverage You Deserve

Do you live in Hutchinson, KS or any other nearby town, and are you looking for an insurance company to purchase insurance for your boat? Then  DJ Kauffman Agency is ready to assist you. Our experienced and knowledgeable agents serve clients in Hutchinson, KS and other surrounding areas by helping them find a policy based on their personal requirements and budget. If you have any questions, feel free to visit our website or give us a call.