Perhaps you just got your first watercraft, and you’re wondering how to get boat insurance that suits you. The state of Texas doesn’t require you to have boat insurance, but it’s always safer to prepare for the unexpected. Whether you have your boat in Clear Lake, Kemah, or another location, you’ll want to make sure your boat has coverage even when you’re not there. Not to mention when you’re actually enjoying your watercraft.
Of course, like people, no boat is the same. You can customize your boat insurance and damage coverage to fit your budget and needs. A variety of boat insurance is available that will allow you to protect yourself, your passengers and crew, and your property.
Choosing Boat Insurance that Suits You
For the most part, there are five different types of boat insurance you can pick and choose from: property coverage, liability, repair cost, uninsured watercraft, and watercraft medical payments. Before buying insurance, you should pick which ones you need along with the coverage amounts that suit you.
Property coverage comes in handy when someone or something damages your boat. It can happen from an accident with another boat or a brush-up against the pier, buoy, or floating debris. It can also cover the damage your boat incurs from vandalism, fire, or theft.
Like other insurance, liability coverage is important. This insurance covers other people’s medical bills or someone else’s repair or replacement fees if you’re the one at fault during an accident. This coverage is different from watercraft medical payments coverage, which covers the medical bills for yourself and your passengers in an accident.
Some insurance providers also offer repair cost coverage for watercraft. This insurance covers the repair costs for your boat, trailer, motor, or other equipment when someone or something damages them. And, if you end up in an accident with another boat that doesn’t have its own insurance, uninsured watercraft coverage is beneficial.
Contacting Texas Insurance Agency
If you’re unsure where to start, Texas Insurance Agency is an independent insurance agency that works for you. With our help, you can get the boat insurance you want and need. We can help tailor your insurance and damage coverage to your needs and budget. Call or visit us today to learn more about how you can get the insurance coverage you need for an affordable rate.