It is now officially summertime, and that means it is boating season. At Mountainview Insurance, we know that there’s no better feeling than hitting the waves and feeling that warm summer breeze on your skin. Yet, before you take your boat out on the lake this summer, there are some things you need to know about boat insurance.
While there is nothing better than the feeling of relaxing on your boat in the summertime, but there is always the risk that something bad could happen. That’s why it is so important that you know what your boat insurance does and does not cover before you head out on the lake. Boat owner’s policies were invented to protect everyone and everything including, you, other boaters, your boat, and your equipment. Your boat insurance may also cover:
There are two main types of liability coverage that boat insurance offers: personal liability and medical payments.
Personal liability covers the costs that you would be legally obligated to pay to an injured party in the event of an accident. Coverage includes:
Medical payments cover medical expenses that are incurred due to an accident involving your boat. Coverage includes:
While property and liability coverage are the two basic types of boat insurance, you can always purchase additional coverage. There are several different types of extra coverage that you can choose from, such as:
The more safety precautions you take for your boat, the more you might be able to save on your boat insurance. Here are a few ways that you can save money on your boat insurance:
At Mountainview Insurance, we want to make sure that you are staying as safe as possible on the water this summer. We have access to two main boat insurance markets, which allows us to cover everything from small personal watercrafts to yachts.
If you would like to know more about boat insurance before hitting the waves this summer, or about any of our other insurance products, please contact Mountainview Insurance at 604-557-0255 or by requesting a quote on our website.
We’re ready to understand your insurance needs and to work for you to get the coverage you need.