Why You Should Have Boat Insurance

Many states don’t require that you have boating insurance, unlike auto insurance, but it’s a good idea to have it. Boats are not cheap, and if you get in a boating accident not only will you be responsible for any injuries, but also you likely won’t have money to fix your boat or replace it.

Even though you don’t have to have boat insurance in Marietta, GA many marinas may require insurance. If you enter your boat into any sort of event, you will probably have to show proof of insurance as well. Also, if you have a loan on your boat, then your bank may also require you have insurance. In addition to being required to carry boat insurance, there are other reasons you want to have boat insurance.

Lawsuits can happen and, if you are involved in one, your boat insurance policy will cover you so you can afford a lawyer. A policy can also help cover any damages that you have to pay.

Even if you are not involved in a boating accident, your boat can be damaged in a number of different ways and you want to protect your investment. A storm, a fire or an act of vandalism could damage your boat. Even if your boat is damaged outside of the water, your boat insurance will still cover it and it’s likely your boat will spend a lot of time in storage, where anything small could cause damage.

Insurance not only protects you but your passengers as well. Many policies will cover liability and medical payments for those onboard. Check with your agent at LG Insurance Group.

Many boaters choose to take boating education in Marietta, GA in order to reduce their insurance rates. Your homeowner’s insurance policy won’t cover your boat. Contact an agent at LG Insurance Group to find a boat insurance policy.