Watercraft & Boat Insurance in Littleton, CO
For many boating enthusiasts, nothing beats the feeling of being out on the open water, whether cruising around the reservoir, enjoying water sports or embarking on a relaxing fishing expedition. However, it’s essential to recognize the potential risks and uncertainties of owning a boat and the importance of obtaining boat insurance.
What Is Boat Insurance?
Boat insurance may help protect you financially if you cause injuries or damage to others while boating. A boat insurance policy may also help cover your watercraft and trailer if they’re stolen or damaged, depending on your coverage. You can typically get coverage for medical payments, liability and physical damage coverage, as well.
What Does Boat Insurance Cover?
Boat insurance typically includes the following coverages:
- Liability coverage may help pay for property damage or bodily injuries you cause while driving your boat and may help cover legal fees resulting from such an accident.
- Uninsured/underinsured coverages may help pay to repair or replace your boat if it’s involved in an accident with an at-fault person who doesn’t have appropriate insurance. These coverages may also help cover medical expenses for bodily injuries you suffer from these accidents.
- Medical payments coverage may help cover medical expenses for you and your passengers if you are in an accident involving your boat, regardless of fault.
Some additional coverage options may include roadside assistance, water sports coverage, total loss replacement, comprehensive coverage and collision coverage.
How Much Boat Insurance Do I Need?
The specific boat insurance coverage you need will depend on various factors, including your boat’s features, how you use it and whether your local government, lender or marina has any particular requirements. Your agent can help determine what’s right for your unique circumstances.
Why Do I Need Boat Insurance?
Even if boat insurance isn’t legally required in your area, it can still be a valuable investment. It may help protect your watercraft, yourself and your loved ones if an incident occurs. Ultimately, it’s much better to be prepared than to pay for costly incidents out of pocket.
Contact A Complete Insurance Agency Inc to discuss your boat insurance needs. We can ensure you have the right coverage for your vessel.