What Does Boat Insurance Cover?

Whether you own a sailboat, a fishing vessel, a pontoon or a personal watercraft, such as a Jet Ski, boat insurance can offer critical financial protection both on the water and on land. The right policy may make all the difference, curbing out-of-pocket losses and expenses and enabling you to repair, replace and maintain your boat. Still, understanding the details and capabilities of boat insurance requires a hands-on approach. At Georgia State Auto Insurance, we’re ready to help.

Does My Policy Include Liability Coverage?

Many boat insurance policies include third-party liability coverage. This aspect of your policy can account for situations in which you cause bodily harm or property damage to someone else. For example, if you crash your vessel into another boat or collide with a swimmer, your insurance could help pay for the resulting medical bills. Alternatively, if you damage someone else’s hull, pier or building, your policy could assist with repair costs.

What About Damage to My Boat?

Boat insurance can also cover repair or replacement costs if your vessel is damaged. In the aforementioned scenario in which you crashed into someone else’s property, your liability coverage could compensate them for their losses. However, you’ll need collision coverage if you want to receive aid for your own repair expenses. Comprehensive coverage may offset costs if your vessel is damaged by fires, criminals or severe weather.

Additional Coverage Options

You might also want to enhance your boat insurance policy with additional coverages. Consider the following options:

• Uninsured and underinsured watercraft coverage can help pay for your losses if someone else is to blame but does not have sufficient insurance.
• Medical payments coverage may assist with costs if you or your passengers are injured in a boating accident, regardless of fault.
• Personal property coverage can cover belongings you store or transport on your vessel, such as fishing and scuba gear.
• Emergency assistance coverage can offer financial aid if you need help due to a breakdown on the water.

We’re Here to Help

If you’re a boater in Macon, GA & Centerville, GA, contact Georgia State Auto Insurance to discuss available policies and find the right coverage.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.