Boat/Watercraft Insurance

Boats and watercraft are a great way to get outdoors and spend time with friends and family. To make the most of your watercraft ownership, it is crucial to ensure your watercraft is adequately protected. At Save-on Insurance Services, Inc, we can help residents in California keep their boats and watercraft adequately protected.

Why Do I Need Watercraft Insurance?

Even though some areas will allow you to operate a boat or watercraft without insurance, it is always a good idea to have a solid insurance policy.

If your watercraft is damaged or lost during a fire, burglary, or another occurring natural disaster, the cost of repairs or replacement of the watercraft will be your financial responsibility. This could complicate your finances if you make payments on the boat or watercraft.

It is also important to have insurance in the event of a liability.

What Does Boat/Watercraft Insurance Cover?

Boat and watercraft insurance policies can be customized to your particular needs, but in most cases, a policy will cover the following areas:

• Collision/Damage- If the boat is damaged or lost in an accident or natural disaster, the insurance policy will kick in to pay for the repairs or the replacement of the craft. This is an excellent way to protect your investment in the boat.
• Liability- If someone is injured while on your boat or operating your boat, you might be held liable for their medical expenses. You could also be responsible for legal fees if legal action results from the incident. A solid insurance policy will help you pay for these types of expenses.

If you want to learn more about boat or watercraft insurance in California, don't hesitate to contact us at Save-on Insurance Services, Inc. We will be happy to answer your questions today.