Category: Boat/Watercraft Insurance

As 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.

Spending time on the waterways can be a great way to enjoy the sunshine and time with family and friends all summer long. But you also want to ensure you’re protecting yourself and the people and things that matter to you. If you’re in the Oklahoma City, OK area and looking for boat insurance, Vance Insurance Group LLC can help. Here’s what you need to know.

First, some policy details are essential. You want basic, standard coverage that will protect you and others if there’s an accident. You also want to make sure the policy is protecting your property, as well as the property of others. That way, you can enjoy your boat and have plenty of peace of mind.

Second, it’s essential to talk with a trusted agent about your additional policy options. For example, if you have a lienholder on your boat, you may need a more complete level of coverage to protect against potential loss. You might also want coverage for theft or other types of damage and might want to consider policy limits that are higher than the minimum required.

Working with an agent is the best choice, with many different options. That way, you know you aren’t missing out on something important when protecting your boat. You want to get the right coverage and protect yourself and your loved ones while enjoying the summer.

Contact us today at Vance Insurance Group LLC if you’re in the Oklahoma City, OK area and looking for boat insurance. We understand that you need good information to make knowledgeable decisions, and we’re here to help you get the right policy.

Summers in the Oklahoma City, OK area can be quite hot. Due to this, finding a way to beat the heat is a great option and one way to do this is by getting your own boat to enjoy the local lakes and waterways. If you do want to buy a boat, having insurance for it should be considered a top priority as it will help to cover you and your boat in various ways. 

Boat Insurance: What You Need To Know

Reduce Risk of Liability Claims

A common reason that people will need to have a boat insurance plan is so they can reduce their risks of being named in a liability claim. There are some real liability risks that come with operating a boat and if you are at fault in an accident, you will have to pay for damages. As these can be expensive, having boat insurance is a necessity as it will offer coverage to help you cover these costs. 

Protect Your Boat

When you want to own a boat in the Oklahoma City area, boat insurance is needed to protect the asset. If you do get the right insurance, it will offer support to replace or repair the boat if a loss is incurred. This can include protection against the risks of theft, vandalism, or accident damage. 

Give Us A Call

As you are looking to protect your boat in the Oklahoma City, OK area, it will become apparent that there are a lot of choices to make when looking for coverage. The team with Vance Insurance Group LLC can offer any support that is necessary to choose a boat plan. The professionals with Vance Insurance Group LLC understand the value of this coverage and will help you identify your needs so you can build a quality boat insurance plan. 

If you own a boat, there are a lot of things you have to do to take care of that boat. One of these is getting boat insurance for it. Boat policies are written for the specific boat in question and how it will be used. The policy often takes into consideration the specific body of water that the boat will be in, which type of boat it is and its age. You may be eligible for discounts based on how safe a boater you are. If you need a boat policy specifically tailored to your boat, contact us right away at Vance Insurance Group LLC in Oklahoma City, OK.

Boat Damage

One of the biggest threats to boats is sustaining damage in a wide variety of circumstances. It may be bad weather or choppy lakes that cause the damage, or it may be a collision with another boat. If your boat ends up being damaged in one of the circumstances included in your boat policy, your policy can pay for the repairs. This applies to the hull of the boat, but it also applies to specific parts of the boat. Boat repairs can be costly, and a boat replacement is especially so, making it vital to have this type of coverage for your boat.

Liability Costs

If your boat causes an accident, is involved in an accident or has struck a dock, pier, or boathouse, you will likely be held liable for all of the resulting repairs and medical costs. This can be extremely costly and difficult to pay on your own, especially with a serious accident. To keep your finances protected, there is liability coverage in your boat insurance policy. 

Cover Your Boat

If you have a boat and don’t yet have a policy for it, contact us today at Vance Insurance Group LLC in Oklahoma City, OK. 

Vance Insurance Group, LLC serves the Oklahoma City, OK community, through offering multiple insurance policies. We strive to ensure that our clients find the coverage they need to protect their assets. The future is impossible to predict. That’s why we are committed to helping our clients find coverage that will give them a piece of mind.

Boat Insurance Options

During warm Oklahoma summers, many people take their boat for a spin by the lake. If you enjoy using your boat regularly, it’s vital that you have protection in place. Boat insurance allows you to cover your assets. Unfortunately, there is a lot of misinformation regarding the significance of boat insurance. Here is a look at some common boat insurance myths.

Boat Insurance Myths

Boat Insurance Isn’t Necessary

If you use your boat regularly, boat insurance can be a significant asset. Boat insurance protects you if you are involved in an accident. The policy also covers your boat if it is stolen or vandalized. Even if you keep your boat in storage and only use it a few times, boat insurance gives you an extra layer of protection.

I Can Rely On My Home Insurance Policy

Your home insurance policy may not cover your boat. Make sure that you research different policies to learn what they entail. However, the easiest way to ensure full protection on your boat is through boat insurance.

I Can Take My Boat Anywhere

Be aware that your policy may only cover usage to a particular area. Once you go beyond that area, you may not be covered. That’s why you should read through the language in your policy carefully.

Find Boat Insurance Coverage Through Vance Insurance Group, LLC

We recognize that purchasing a boat is a considerable investment. That’s why we will sit down with you and help you find the policy that suits your needs. Stop by our office in Oklahoma City, OK today.