Four Key Areas Covered by Boat Insurance

If you own a boat, you probably cherish the good memories you make on the water. Nothing beats the cool breeze and warm sun on the water. But do you know that one incident can destroy your pricey boat and leave you bearing huge losses? Well, that should not be your case, as you can protect your vessel with boat insurance at Dern & Company if you live in Milwaukee, WI. Like auto insurance, boat insurance comes with different coverage that protects you in different situations. Let’s look at some of the areas covered by boat insurance.

• Liability insurance: Liability coverage steps in when you damage another boat or cause injuries to someone in an accident you are at fault. The coverage pays for the damages, medical costs, or legal fees if you get sued.
• Medical payment: Boat insurance also covers medical expenses for you and your passengers if injured in a boat accident. This way, you can focus on recovery without thinking about out-of-pocket medical expenses.
• Property damage: Boat insurance covers your boat in the event of theft or damage due to an accident or sinking. The good thing about this coverage is that it covers your vessel in the water and on land.
• Uninsured watercraft coverage: Wisconsin does not require boat owners to carry boat insurance. In that case, you will find many uninsured boaters on the water. If any uninsured boater hits your boat, the coverage protects you.

Boat insurance in Milwaukee, WI

Anyone who owns a boat will tell you it’s an expensive investment that requires proper insurance. In case of an unfortunate event, the cost of replacement or repair would amount to thousands of dollars, not to mention the hospital bills. Why wait until you are sorry to purchase boat insurance? If you are looking for boat insurance in Milwaukee, WI, look no further than Dern & Company. Contact us today for an affordable quote.