What Does Boat Insurance Cover?
Boat insurance offers the following coverage options –
Collision Damage – collision coverage is optional but important if a boat or private watercraft is damaged in an accident. The coverage typically pays the cost of repairs minus the deductible.
Property Damage Liability – this type of coverage protects you if you cause an accident and damage someone else's boat or property.
Bodily Injury Liability – this type of insurance coverage pays for the medical expenses for any injuries caused when driving your boat.
Fuel Spill Liability – this optional policy is offered to cover any expenses incurred due to a fuel spill.
Hull Coverage – this type of insurance protects any physical damage to the boat, and often includes motors, trailers, and accessories.
The best boat insurance you can have meets your legal and contractual obligations while allowing you to feel confident based on your calculated risk exposure. If you own a boat in and around the Jersey Shore area and would like to talk with us regarding the boat or classic car insurance, call us today at 732-528-7200 or contact us by using our online form.