Every state has laws about which insurance policies are required, including boat insurance. In Washington, there is no state requirement that you must have boat insurance, but it’s often necessary for taking your boat onto certain bodies of water. It’s also best to have it in case of accidents and to protect yourself against liability. If you have a boat and need insurance for it, call Western Insurance Associates in Spokane, WA to get started.
Insurance Coverage for Accidents
It’s not uncommon for collision accidents to happen when boats are on the water. If you have an accident with another boat or another watercraft, and you are at fault for the accident, you will owe all of the due expenses. This can be highly expensive if you don’t have boat insurance, and it can mean a lot of financial hardship. Without boat insurance, you are open to lawsuits and having judgments made against you. When you have boat insurance, you will also have peace of mind that you are covered in case of an accident.
Comprehensive Boat Insurance
There are different types of coverage for boats, one of which is comprehensive coverage. This insurance covers your boat against other risks to it outside of accidents that happen on the water. This may be a wide range of risks that can cause damage to your boat. There is also property damage coverage, a type of coverage that pays for items that are lost during an accident.
Get Boat Insurance
When you own a boat, it’s important to cover yourself with boat insurance. Your boat is a significant investment, and it needs to be covered. If you’re in Washington, call us at Western Insurance Associates in Spokane, WA to get started with a boat policy of your own.