Boat/Watercraft Insurance in Florida

One of the great things about Florida is that there is plenty of water and sunshine most of the year for boat/watercraft enthusiasts. Owning your own boat or watercraft is a great way to get out in nature and make memories with your friends and family. We enjoy educating our clients on important insurance topics such as boat/watercraft insurance. Keep reading to learn about how to keep your boat/watercraft safe this boating season.

Why Do I Need Boat/Watercraft Insurance?

A boat or watercraft is considered a vehicle just like a car. You operate this vehicle on the water but it can still pose risks to you, your passengers, and others. There are many problems that can arise on the water including crashing with another vehicle or crashing into something else. In addition to these incidents, other damage or loss can arise from storms, fires, and theft. Boat/watercraft insurance is put in place to make sure you are not left with big out of pocket expenses if something should happen to your boat/watercraft. In addition, insurance can kick in if you are held liable because of damage your boat/watercraft may have caused.

What Does Boat/Watercraft Insurance Cover?

Your insurance policy can be customized to suit your specific needs, but in most cases, boat/watercraft insurance will cover the following areas:

Damage/Loss - If your boat/watercraft is damaged due to fire, storm, or accident, the costs of repairs or replacement can be covered under an insurance policy. If your boat/watercraft is stolen, the value of the craft can be reimbursed to you through the insurance policy as well. This protects the investment you have made into your boat or watercraft and ensures that you are not left with big out of pocket expenses.

Liability - Accidents can happen with a boat/watercraft. If an accident involves another person or another watercraft you could be held liable for damages or injuries. An insurance policy can kick in to make sure you are not left financially vulnerable because of these expenses.

If you would like to learn more about boat/watercraft insurance in Florida, please contact our friendly staff today at Percheron Insurance Group