Unlike auto insurance coverage, boat/watercraft insurance is not required in most states but that doesn't mean you shouldn't invest in it. In the year 2013 alone, there were 4,062 reported boating accidents in the US that caused over $39 million in property damage. The first line of defense against the unexpected while operating your boat in Virginia is comprehensive and affordable coverage from your local, independent insurance agency.
There are certain situations, even in states that don't normally require coverage, where you must have some form of boat/watercraft insurance coverage. If you plan on using your boat as collateral for a loan, your bank may ask that you have the boat insured. Similarly, certain boat docks may also require that your boat is insured before you can dock it.
In other cases, boat owners may believe that their boat is insured as part of their homeowners insurance policy. While there are instances where a small boat may have limited liability coverage under a homeowners policy, most larger watercraft are not covered in this way.
If you are unsure about your current level of boat/watercraft insurance coverage it may be time to shop for a new policy. Protect yourself, your loved ones, and your assets by comparing quotes from multiple national providers online with the independent agents at The Insurance Boutique.
Accidents on the water are more common than you might think. And without insurance you can be found liable for costs associated with property damage and bodily injuries after a boating accident. As a boat owner it is important to keep in mind that your boat and boat repairs are not cheap.
Don't get caught without the right level of protection when you need it most. Instead, give yourself peace of mind and invest in comprehensive boat/watercraft insurance from The Insurance Boutique today.
The Insurance Boutique
2433 North Landing Rd.
Virginia Beach, Virginia 23456
Mon - Friday 9am to 5pm Weekends by appointment