Boat insurance policies work much like auto insurance policies. There are many different types of coverage that you can get for your policy. It’s important to have various types of coverage to protect you against the many risks you face as a boat owner. When you own a boat and don’t have insurance, we can help. To get started with your own boat policy, call us at Toney Insurance Services in Snellville, GA.
Liability Coverage
Just as with auto insurance, it’s never a good idea to go without liability coverage. Having both bodily injury and property damage liability coverage is a must. Bodily injury liability protects you in case someone is injured due to an accident with your boat. This can include the medical bills that come from it, legal costs, and even their lost wages. Property damage liability protects you against the costs of damage to someone else’s watercraft after an accident. All of these types of protection pay for the bills that come from someone else after you’ve been in an accident with them.
Collision and Comprehensive Coverage
To pay your own expenses, you will need collision and comprehensive coverage to pay for the damages to your boat. Collision coverage pays for the damages to your boat when you get into an accident with someone on the water. Comprehensive coverage pays for some risks your boat may face when it’s off the water. Both of these types of coverage are needed to keep you from being in financial turmoil if you have an accident or other damaging incident with your boat.
Get Boat Insurance
If you need boat insurance, call Toney Insurance Services in Snellville, GA, today.
