Are you looking for boat insurance brokers in Bothell that can provide you with high-quality plans that are comprehensive and reliable? You can count on American Insure-All® to bring you results every time.
Here’s what you need to know about getting boat insurance, especially if you’re a first-time purchaser:
Are you legally required to have insurance for your boat?
In the state of Washington, no. However, liability coverage may be required on certain types of boats that have more than 50 horsepower or personal watercraft. Vessels used in state-run marinas or parks may also require Insurance to be docked there. Talk with your agent about the requirements for your boat insurance. If you have a loan on the boat, your bank might require it, and the marina that it’s docked at might also need it. You won’t be able to get a loan from your bank without providing them with proof of insurance that covers the full value in the event of a loss. Most marinas also require proof of liability insurance before accepting a contract for a mooring or slip.
Doesn’t my homeowner’s insurance cover my boat?
Most homeowners insurance policies that cover boats are usually limited to boats under a specific size or value and don’t include liability or other losses that can occur with a boat. Boat Insurance, meanwhile, is designed to address these issues.
What does boat insurance generally cover?
These types of policies are generally “all-risk” policies, which can cover a wide array of situations that can happen to your boat. This can include theft, vandalism, fire, lightning, sinking or grounding, or lost or stolen belongings. If you own personal watercraft, water sports equipment, or fishing gear, make sure that your policy covers these things. In the event of a loss, ensure that you have towing coverage so your boat can be safely hauled off. Many plans also feature coverage if you were in an accident involving an uninsured boater.
Is liability insurance necessary for my boat?
In short, yes. It’s better to be safe than sorry, and liability insurance can help you even if you’re not at fault. Not only can it cover medical costs, but also potential legal fees so you can adequately defend yourself. Most liability policies are pretty affordable, so talk to your agent about what works best for your boat or other watercraft.
Ready to secure your boat with the help of boat insurance brokers in Bothell that genuinely care about getting you the best coverage? American Insure-All® this just a phone call away from bringing you quality service that you can count on every time. For more information about our services, or to consult with our team, give us a call today at (888) 411-AUTO.