Spending time on the water should be relaxing. Having boat insurance adds even more peace of mind.

Boat insurance can increase your good time by ensuring your investment is protected. Serving Miami Beach, FL, Assure-Us can help. These professional agents answer six common questions to take the stress out of buying boat insurance.

What is boat insurance?

The name says it all. Boat insurance protects your boat from damage. It also guards against bodily injury to you or someone else. Boat insurance applies to most motorized watercraft.

What’s covered under a policy?

Each policy will vary. But, at minimum, boat insurance includes liability and damage coverage. Liability protects against both bodily harm and destruction of property if you are found at fault. Collision and comprehensive coverage are also typically standard. 

Is boat insurance required?

Boat insurance is not required in Florida. However, boat insurance has countless benefits. Being uninsured is risky. Additionally, some lending agents may request a policy if you still owe a balance.

Do I need boat insurance all year?

In short, yes. While you may think about canceling your policy during the off-season, accidents can still happen at any time. Fire, storms, vandalism, and theft can still reach your boat, even in storage.

How much does boat insurance cost?

Only an agent can determine a policy’s price. They will weigh several factors, including a boat’s size, type, and age. The size of the motor is also considered.

Does my homeowner’s policy cover my boat too?

Although homeowner’s policies offer some coverage, these are extremely limited. By contrast, only boat insurance can provide full protection.

Schedule an appointment with Assure-Us

Before you head for open waters, call Assure-Us. Serving Miami Beach, FL, the agency will create a boat insurance policy that keeps you afloat even if disaster strikes.