Click to CallAs a boat owner, the thought of potential boating accidents might be a fleeting concern, avoided by being cautious. However, boating accidents can occur in an array of unpredictable ways. Given their frequency and the potentially high costs of dealing with them, going out on the water without boat insurance is risky. Protect yourself financially by securing a boat insurance policy. Contact us at Vance Insurance Group LLC in Oklahoma City, OK, to set up your boat insurance.
Liability Boat Coverage
One of the key protections to have while boating is liability coverage, which covers you in case of accidents. Failure to have this coverage could leave you accountable and financially responsible for an accident. Property damage and bodily injury liability coverage are necessary to cover costs associated with accidents. A boating accident can cause injuries and property damage, which can be costly without coverage. If you have boat insurance in an accident, the policy will cover expenses such as lost wages, watercraft damages, medical bills, and more.
Collision Coverage
Liability coverage alone does not cover the cost of your own boat after an accident. Collision coverage is necessary to address such issues, whether the boat is damaged or sunk entirely. Repairing or replacing your boat can be exorbitantly costly, making it imperative never to be without this boat coverage. With liability and collision coverage, you can have peace of mind in on-water accidents.
Securing Boat Insurance
Being insured is crucial as long as you own your boat. To get started with boat insurance, don’t hesitate to reach out to Vance Insurance Group LLC in Oklahoma City, OK.
