Considerations for Boat Insurance Add-Ons
If you use your boat for storage or transportation of items, it may qualify for insurance add-ons. Similarly, if your watercraft is utilized for new activities, it may warrant an insurance upgrade. Here are some conditions warranting insurance add-on considerations.
Standard Insurance
Standard boat insurance usually offers liability, theft, and vandalism protection, providing useful coverage in common situations. However, it might not offer adequate security for unique scenarios. Before opting for add-ons to your boat insurance policy, go through your current insurance details, including all materials and equipment coverage.
Storage
Storing valuable items in your boat may significantly enhance your boat’s worth during active use. Electronics, furnishings, and other costly items should be included in your current boat insurance policy to cover the cost of repairing or replacing any stolen or damaged items.
Towing Equipment
Towing equipment can be a substantial investment. If your current insurance policy doesn’t cover your towing equipment, consider itemizing all crucial equipment you own. An add-on can provide the necessary protection for your towing apparatus.
New Activity
Engaging in a new activity with your watercraft may increase liability risks. Water skiing, for instance, could potentially lead to injuries. In anticipation of participating in a new activity, you may require extended insurance coverage.
Insurance Agent Advice
At Hart Insurance, our agents are dedicated to serving your needs. Please contact an agent serving Federal Way, WA, for advice on suitable boat insurance add-ons.
