Even though the calendar says winter, we know that spring is not far behind. For owners of boats and other water vehicles, that means getting them ready for the water. Of course, most anglers keep their boats wet year-round. Whether you are a weekend warrior or a serious boater, you should definitely be looking at boat insurance.
According to many sources, some people think their boat is covered by homeowners insurance. In very limited cases it is true; however it is not for the vast majority of boat owners. Much like you need certain insurance for your car, you should also have at least liability coverage for your boat. Because even though you think of yourself as a master boater, accident can happen.
Basic boat insurance includes: Liability, which covers costs related to bodily injury and property damage suffered by others in a boating accident you cause; Boat coverage, which is a lot like comp and collision for your car in that it covers repairs to your boat after it is damaged in a collision or damaged in several types of non-collision-related incidents like a fire; and Medical coverage which can help with costs related to injuries you may suffer in a boat crash.
Because most states do not require boat insurance, you may want to purchase Uninsured coverage to help if your boat is damaged by an uninsured boater.
So before you launch your skiff for a three-hour tour, make sure you have the coverage you need to keep you afloat should an accident occur. Talk about your boat insurance needs with your insurance professional and make sure everything is ship shape.