Understanding the Importance of Boat Insurance

As a boat owner, you might underestimate the significance of boat insurance or remain unaware of the various risks it can shield you from. A myriad of protection types is available in your boat insurance policy, and opting for multiple coverages is usually preferable, ensuring protection against several risks associated with owning a boat. Call The Smith Insurance Group Inc. in Sandy, UT to get started.

Boat Liability Protection

Similar to auto insurance, boat insurance offers different types of liability coverage that can be included in the policy. This comprises coverage for bodily injury liability along with coverage for property damage liability. Each pays for distinct incidents that can occur during a boating accident. The bodily injury coverage will bear the costs of other people’s medical bills and subsequent expenses if they get injured in an accident where they’re at fault. Property damage liability covers damage inflicted on the other boat and may cover personal belongings within the boat. It’s typically recommended for every boat owner to utilize both types of coverage.

Additional Boat Insurance Coverage

To get coverage that reimburses the damage inflicted on your boat in an accident, you’ll need collision boat coverage. This can defray the repair costs for your boat. Comprehensive coverage is available to secure your boat while not on the water. This covers the boat against a wide spectrum of risks it faces while not being operated. This can safeguard your boat from numerous land-based risks.

Securing Boat Insurance in Sandy, UT

If you need a boat insurance policy, call The Smith Insurance Group Inc. in Sandy, UT.