What You Need to Know About Boat Insurance

We all need to get outside and enjoy nature more. Boat ownership makes this possible for millions of people. Owning your boat provides a great way to spend time with friends and family in the great outdoors. In order to make the most of your boat ownership, though, it is important that your boat or watercraft is sufficiently insured. At Armorcrest Insurance Services serving El Centro, CA we know that the only way to make wise insurance choices is by having solid insurance information available. This is why we strive to provide our clients and even our future clients with great insurance education. Keep reading to find out what you need to know about boat insurance. 

Why Do I Need Boat Insurance?

If your state does not require that you carry boat insurance, it is still an important investment. Boat insurance not only protects the investment you made into your boat, but it can also help protect you financially on a bigger scale. If your boat is involved in an accident resulting in injuries to others, you could be held liable for their medical bills as well as any legal fees that might result from the incident. This could leave you financially vulnerable. A solid boat insurance policy, however, will protect you from this risk. 

What Does Boat Insurance Cover?

Boat insurance will provide coverage in the following areas:

Property Coverage- If your boat is damaged or lost due to fire, natural disaster, or theft, your policy will pay to have your boat repaired or replaced. This is an important way you can protect the investment you made into the boat. 

Liability- If someone is injured on your boat or because of your boat, this type of coverage will pay for medical bills or legal fees that might result because of the accident. 

If you would like to learn more about our services, please contact us at Armorcrest Insurance Services, serving El Centro, CA.