Although boat insurance is not legally required in Florida, it doesn’t mean that you shouldn’t opt for coverage. With recreational boating on the rise and more people taking to the waterways every day, the risk of an accident is at an all time high. The only way to protect yourself, your passengers, your boat, and others on the water is to carry adequate insurance coverage.
What Does Boat Insurance Cover:
Although coverage may vary from policy to policy, your boat insurance policy is likely to include the following:
- Liability Coverage: Covers both property and bodily damage if you are deemed to be at fault in an accident.
- Towing: If your boat or watercraft is disabled, towing coverage provides monetary support for towing your boat to a marina or harbor of your choosing.
- Collision and Comprehensive Coverage: If your boat is damaged in an accident or a covered incident such as theft or vandalism, this coverage helps pay for the repairs.
- Uninsured Boater Coverage: If your boat is damaged or you and your passengers are injured because of an accident involving an uninsured boater, having this coverage means that you won’t be on the hook for repair costs or medical expenses.
How Should a Boat be Stored?
During the offseason, your boat needs to be stored and protected from the elements. The best option – indoor storage – is also the most expensive choice, but it provides a temperature-controlled environment that is protected from theft, vandalism, and storms.
When it comes to protecting your boat, let the Zenith Insurance Group in Pinellas County earn your business. Our dedicated team of insurance professionals knows the industry inside out and can answer your questions while customizing a boat insurance policy that meets your needs while staying on budget.