Boat insurance is similar to auto insurance. When you have boat insurance, your insurer covers damage to your boat and others in many situations. While living in Milwaukee WI does not mean you must have boat insurance, Dern & Company understands that you want to have the most protection possible.

So, does boat insurance cover any damage that you cause? Here’s what you need to know.

Boat Insurance Covers Some Damage You Cause

Boat insurance provides you with the option to cover physical injuries and property damage that you cause while boating. Boat insurance is versatile, and there are several add-on options you can consider to provide more protection beyond standard insurance.

Liability Coverage Is Crucial

When you have boat insurance, your policy should include liability coverage. Liability coverage is meant for damage or injuries that you cause while boating. Specific limits are in place, and you may choose to add more liability coverage to cover more expenses.

Physical Damage Coverage Is Helpful

You might also consider a policy that adds physical damage coverage, which is intended to cover damage that occurred outside of your control. For example, your boat may have been damaged because of a fire, or perhaps the weather caused your boat to crash into another boat.

Boat Insurance Is Not Required

Unless you operate a commercial fishing boat, boat insurance is not a requirement in Wisconsin. Still, it is a good idea to cover damage you could be considered at fault for.

Do you still have questions about boat insurance and the best coverage for your property? Contact Dern & Company to learn more about boat insurance in Milwaukee, WI.