Whether you are a veteran boater or a new boat owner in Napa, CA, a boat insurance cover is essential as it covers you in case of an accident in the waters. When involved in an accident, you are likely to undergo some loss, damage or injuries on yourself and other occupants.
At Wine Valley Insurance Services, we provide you with all the necessary information you need to know before purchasing marine insurance or boat insurance. Many new boaters assume that their homeowners or car insurance will magically stretch to cover their boats, which sadly is never the case.
What does boat insurance cover?
Boat insurance typically has similar coverages like auto and home insurance. For instance, like car insurance, boat insurances protect you from a bodily injury that your boat may have inflicted on other boaters, property damage that your boat may have caused at the docks or on other vessels and any physical damage in case your boat has been damaged when you hit an object in the water.
Similarly, like home insurance, boat policy covers for liability when someone gets accidentally injured in your craft. Boat insurance compensates for the expenses incurred after the incident.
Other types of coverages include uninsured and underinsured watercraft coverage where if an insured boater collides with your watercraft and injures you or any of your passengers, your boat policy may help pay for the injuries irrespective of who was at fault. The same applies to underinsured watercraft.
Sometimes, your boat may sink and disappear or get stolen, burn or destroyed by storms. Comprehensive insurance ensures that your boat is compensated in case of these unfortunate incidences.
To learn more about boat insurance, quotes or other policies, visit us at Wine Valley Insurance Services in Napa, CA today.