Boat/Watercraft Insurance in Florida
Boats and watercraft are a fun way to get outdoors and make memories. However, you are at particular risk whenever you are operating a boat or watercraft. This is why it is important to have adequate insurance coverage. Abney Insurance, serving Oakland, FL, and the surrounding areas, can help you better understand your boat and watercraft insurance needs in Florida.
Do I Need Boat/Watercraft Insurance?
Even if you are operating a boat in an area that does not require insurance for legal operation, it is still a good idea to have coverage. This is because you risk liability while operating a boat or watercraft.
If your boat is damaged, you will be financially responsible for repairing or replacing the boat. If your boat is involved in an accident, you will be held accountable for the damage to other craft. You will also be held responsible for any injuries that might take place to someone on your boat or on another craft that is involved in an accident with you.
What Will Boat/Watercraft Insurance Cover?
This type of insurance will provide coverage in the following areas.
- Damage- If your boat is lost or stolen because of a natural disaster, burglary, or fire, the policy will pay for repair or replacement of the boat.
- Liability- If someone is hurt on your boat or because of your boat, the policy will pay for medical bills or legal fees if legal action results.
What Happens If I Do Not Have Insurance?
If you choose not to carry insurance, you could be held liable for damages, medical bills, or even legal fees if someone is injured on your boat or because of your boat.
If you want to learn more about boat insurance or any other insurance products, don't hesitate to contact us at Abney Insurance, serving Oakland, FL, and the surrounding areas.