With the weather warming, it’s important that you take measures to ensure the protection of your boat. Whether it’s hitched to your vehicle while traveling down the road or docked, to get complete protection for your boat you must purchase multiple types of insurance.
Boat Insurance Protects Your Boat While It’s in Water
Much like auto insurance, boat insurance protects you from events that risk your ability to enjoy your watercraft. From fires to water accidents to storms to theft, with the right boat insurance, you have complete protection while you are in the water. Unfortunately, your boat insurance coverage may not protect your boat while it’s out of the water, so it’s important to purchase other types of insurance to ensure your boat is adequately protected on land, including home insurance.
Homeowner’s Insurance Protects Your Boat While It’s on Your Property
While your boat is in the water, your homeowner’s insurance will not provide you with protection; however, it may provide you with coverage while it’s on your property (for instance, if you store your boat in your driveway). Although this coverage is minimal, it can help protect your boat from damage from falling debris, theft and vandalism. To protect your boat while traveling, you may need additional insurance.
Auto Insurance Protects Your Boat While Hitched to Your Car
Although car insurance varies widely, with the right insurance product you can protect your boat while it is hitched to your vehicle. In fact, you can purchase coverage to ensure both your boat and your trailer are protected while you’re traveling. Ask your agent about a comprehensive auto insurance policy that provides coverage for extra perils.
Insurance Coverage for Spillage
If you are in a wreck on the water, your boat can be severely damaged. Depending on the extent of the damage, you may experience oil and fuel spillage that can damage the ecosystem where the accident happened. If this happens to you, you could be liable for the expenses associated with cleaning up the area if the accident was your fault. Fortunately, you can purchase spillage insurance to help you cover some of the costs instead of paying for it alone.
Having a boat provides many years of fun, but you should also protect your investment in a variety of locations. Purchasing different types of insurance helps you get comprehensive protection.
Get the coverage you need. Call Mitchell & Mitchell Insurance Agency at (888) 512-8878 for more information on San Francisco boat insurance.