Understanding the Importance of Boat Insurance for Accident Protection
When you buy a car, you procure auto insurance to shield yourself and your vehicle. However, many people fail to follow the same logic when they buy a boat. They often bypass boat insurance simply because it’s not legally required, exposing them to significant financial risks in the event of an accident. To ensure total protection in case of a boating mishap, feel free to contact us at Insurance Solutions of South Central Kansas in Wichita, KS to find out more.
Boating Accidents
Just like roads, waterways can pose dangers, too. Boating accidents are common occurrences and can impose substantial financial burdens on boat owners. Following a boating accident, you might be liable for all damages inflicted on the other watercraft and injuries caused to people. You could also be accountable for personal property present on the boat. All of these potential liability issues make it vital to carry boat insurance that—at a minimum—includes liability coverage. Like auto insurance, your boat policy should incorporate property damage liability and bodily injury liability coverage.
Additional Boating Coverage
To stay fully protected out on the water, it’s recommended that you secure collision coverage. This operates similarly to auto insurance policies—it caters to the damage inflicted on your boat in an accident. Comprehensive coverage could be your best bet if you’re seeking protection that extends to land. Equipping your policy with all these coverage types is your strongest defense to keep yourself financially shielded in the face of an accident.
Securing Boat Insurance
If you own a boat, never venture out without the proper insurance to safeguard your vessel and yourself. Contact us at the Insurance Solutions of South Central Kansas in Wichita, KS.
