Some are under the impression that homeowner insurance extends to boats, but unless your boat is very small and doesn’t include a motor, you’ll need a separate policy for your boat.
It could be said that your boat insurance is like a mix of a car and home insurance policy.
- Your boat insurance is similar to your home insurance in that if someone is injured on your boat, your insurance covers your liability. Also, if your boat is lost, you will have a choice between receiving a replacement or the cash value of your loss.
- Your boat insurance is similar to your auto insurance in that boat coverage will often include coverage for bodily harm done by your boat to docks, other boats, and bodily harm inflicted to individuals. Your boat insurance policy may also offer coverage against vandalism, fire, flood, personal property for your fishing equipment, and theft. Depending on your policy, it may also include roadside assistance should you need to be towed while transporting your boat.
Your boat is a large investment, so protect is with a policy that fits your needs. The best way to do that is to work with an independent agency like Jordan Insurance that puts your needs at the forefront. At Jordan insurance Agency, we work for you, not the carrier, and will work diligently to help you find the right policy at the best price.
To learn more about your personal boat coverage options, contact our Weymouth, Massachusetts based agents at Jordan Insurance Agency. Put our 60 years of expertise and experience to use to make sure you have the right coverage for your situation. Give us a call today at 781-337-0427, fill out the form to the right, or visit us at 17 Front Street in Weymouth if you want to talk about your personal boat coverage needs.