You have gotten a boat and can not wait to explore the lake, ocean, and sea. And while it is exciting to fantasize taking in the sun, breeze, and other natural forms while on the water, you, as a responsible person, know that you, your family and friends, and your boat and its contents, need coverage just in case. This is why it is important to know the basics of boat insurance.
There are variations when it comes to boat insurance in what it covers. For one, the type of boat is considered. Other considerations when it comes to boat insurance includes where you will traffic and the number of months you will travel on the boat. There are even more considerations when it comes to boat insurance. However, the following includes the basics when it comes to boat insurance:
If you are at-fault by your boat and/or by your boat’s contents causing damage to other boats, property, and/or individuals, this coverage will cover the other party’s loss and injury caused by you.
This is coverage for your boat and its components, including anchors, motors, onboard safety equipment, extra batteries, extra fuel tanks, etc. If you have a boat trailer, it may or may not be covered.
Other Types of Coverage
There may be medical coverage and other types of coverage available.
You can earn discounts by being a safe boater or if you successfully complete a safe boating course, for instance.
To truly enjoy your boating experience, you must be at peace, and you can have that by ensuring you are properly covered with boat insurance. For more information for the state of Wisconsin, contact Dern & Company today. Located in Milwaukee, WI, they have been serving this and surrounding areas for more than 25 years now. Dern & Company are partnered with a broad range of carriers. Thus, with their experience and partnerships, they will lead you in the right direction concerning boat insurance. So, if you live in Milwaukee, WI, or a surrounding area, they are more than willing to assist you. Contact them today!