Boat season in these parts is too short and too glorious to worry about the “what ifs.” When you buy boat insurance, you buy comfort, knowing that if something happens—a storm, accident, theft—you have some financial security. Boating is good for your mental health. Don’t let fear of financial risk keep you on the shore.
Basics of Boat Insurance
Broadly speaking, boat insurance addresses two areas:
- Property damage—Your boat and its contents can be damaged while in transit or while in the water, by you or by another. Bad weather, fire, and collision are a few examples of situations that could damage or destroy your boat, maybe even sink it. Thieves strike boats as well.
- Liability—You can be held responsible in a lawsuit if you cause an accident and injure another or the property of another. Even a careful boater could have problems that result in an expensive lawsuit.
Some small watercraft, such as a canoe, may have limited insurance coverage under a homeowners insurance policy, don’t wait until you make a claim to find out whether or not you’re covered. Tell Andreotti Insurance what type of watercraft you own, and let them determine what coverage you need.
Factors to Consider When Getting a Boat Insurance Quote
The rivers and lakes in Minnesota and Wisconsin are home to all sorts of watercraft—canoes, rowboats, pontoons and speedboats, to name a few. Different types of boats are used in different ways at different speeds in different conditions. Your risk exposure depends on whether you use your boat for skiing, fishing, or just cruising around. Where you boat is also a factor. For these reasons, a boat owner has a lot of think about when purchasing insurance.
- Even if your boat isn’t worth a lot of money, you still need insurance. An old, inexpensive boat can do a lot of damage. In fact, you may be more likely to need a tow if your boat isn’t in top working condition.
- Total up the value of all that is stored in your boat—oars, skis, life preservers, fishing equipment. Be sure you get adequate coverage for contents.
- Check if discounts are available. For example, some companies offer lower rates to those who take a boating safety course.
- If you allow others to drive the boat, make sure coverage extends to their actions.
- Ask whether the boat trailer is covered and whether the boat is covered while on the road in transit.
You need not tackle insurance on your own. Partner with a good, independent agency like Andreotti Insurance Agency.
Andreotti Insurance is a Full-Service Agency
Rely on the staff at Andreotti Insurance to assess your exposure to risk. As an independent agency, Andreotti Insurance works with many good insurance companies, so we will be able to find a policy that fits your needs and budget.
Once you get a quote and purchase insurance, you can get out and enjoy your time on the water, knowing that if anything happens, you will have Andreotti Insurance to help with the claims process.
Frank Andreotti has been in the insurance business for more than eighteen years. He is experienced and local. Call or stop in for a free quote. Andreotti Insurance is located at 6230 10th St N, Suite 430, Oakdale, MN 55128. The agency works with residents of the greater Twin Cities metro and eastern Wisconsin. Call 651-739-9302.