Here at Align Insurance Group, we provide a variety of insurance coverage options, including boat insurance for Spanish Fort, AL residents. Take a look at the details and advantages this coverage provides.
What is Boat Insurance?
Boat insurance is coverage that protects you in instances when you damage your boat or destroy it, and it becomes a loss. This type of coverage offers protection for a variety of watercraft with motors, including:
- Paddle boats
- Yachts
- Fishing boats
- Leisure crafts
- Pontoon boats
What Types of Coverage Are Available with Boat Insurance?
The types of coverages available with boat insurance include:
- Collision damage
- Property damage liability
- Bodily injury liability
- Comprehensive
- Additional coverage options
Collision Damage
Collision damage includes the repair or replacement of your boat. This type of coverage may or may not include wreckage clean up. If not, this type of coverage may be offered as an additional coverage option.
Property Damage Liability
This damage liability coverage is used when you damage someone else’s property or equipment.
Physical Damage
If you involved in an accident while on the water, physical damage coverage takes care of the boat and equipment that is damaged.
Comprehensive
Comprehensive coverage is similar to that of full coverage for a vehicle. This coverage takes care of everything collision does not cover, including vandalism, wind, rain, and fire.
Equipment Coverage
Equipment coverage is insurance for all the equipment you have in your boat or motored watercraft. This equipment can include but is not limited to GPS, towable items, and a variety of fishing gear.
Uninsured/Underinsured Coverage
It’s not uncommon for boaters to carry little to no boat insurance. Uninsured or underinsured insurance coverage handles damages and other repairs, as well as medical instances.
Towing Coverage
This coverage is similar to roadside assistance. Towing coverage is there if your watercraft becomes immobile and helps you safely get to shore.
Align Insurance Group provides boat and watercraft insurance in addition to other types of insurance, including flood, home, commercial, auto, and umbrella insurance. Contact us to learn more about our insurance coverage. We’re always ready to help.
