Boats are often left in marinas where they may be stolen or exposed to harsh weather conditions. Insurance can help protect your assets, but the question is, do you need recreational insurance or a different type of policy?
Legal Requirements
Most states don’t require boat owners to have insurance. Those that do typically only require liability insurance that covers the other person’s medical bills or property damage in case of an accident.
Marinas may require insurance to dock your boat. Always inquire if insurance is mandatory and whether you need recreational or boat insurance. Some marinas aren’t particular as long as you have insurance, while others require a specific type of policy. The Anson Insurance Group, located in O’Neil, NE, can assist you in obtaining the coverage you need for your boat.
Recreational vs. Boat Insurance
Recreational Insurance
Recreational insurance is designed to cover multiple types of vehicles, including boats and other watercraft, such as jet skis. It’s typically broad insurance and may include additional benefits, such as roadside assistance. Recreational insurance in O’Neil, NE, is usually liability insurance, but you may be able to purchase additional coverage, such as comprehensive coverage.
Boat Insurance
Boat insurance is specifically designed for boat owners. It offers additional benefits and coverage unique to boats, such as:
- Damage to the boat
- Wreckage clean-up
- Liability coverage
- On water fuel delivery
- On water towing services
- Damage from marine life
These policies are uniquely tailored to meet the needs of boat owners. However, the specific benefits of a policy usually differ depending on the insurance company.
At The Anson Insurance Group, we work with you to ensure you have the necessary coverage. Our live agents will discuss your concerns with you, assess your risk factor, and determine your legal obligations. Contact us to discuss boat insurance in O’Neil, NE, today!
