If you are a boat owner or you are planning to purchase one, you should understand how important it is to protect your possession. The best and most reliable way to do it is to get boat insurance. If you still believe that boat insurance is an unnecessary luxury, here is the list of top reasons why you should have it.
To Protect The Boat Itself
A boat is not cheap, and for most owners, it is an expensive investment. The purpose of boat insurance is to protect this valuable investment from theft, accidents, vandalism, and breakdowns – whether the boat is in the water, at the dock, or on the trailer. A typical boat insurance policy covers the following things: engines, furnishings, lifesaving equipment, sails, hulls, and covers.
To Protect Yourself
If you damage another boat or injure another passenger or swimmer while you are using your boar, you will be liable for covering bodily and medical injury costs. If you have boat insurance, it will provide you a defense attorney who will represent you in court. Your insurance company will also pay for all the damages you have caused.
To Protect The Environment
If your boat sinks to the bottom of the ocean or lake or leaks fuel and oil into the water, you will be responsible for cleanup and removal. It is an expensive and time-consuming process required by law that can put a strain on your budget if you do not have proper insurance.
If you are from Easton, MD, and you have questions about boat insurance, do not hesitate to contact Ashley Insurance. Our experienced agents will provide you with all the detailed information about this type of policy and help you find perfect insurance coverage for your boat. Call Ashley Insurance serving Easton, MD today to find out about the options available.