Your boat insurance policy covers you in the event there is damage or loss to your boat. Boat insurance typically covers the majority watercraft that has a motor, but it typically doesn’t cover watercraft without a motor, such as kayaks. For coverage on these types of personal watercrafts, residents of Cullman, AL should talk with Insurance Solutions Inc. to determine if they have limited coverage under another policy, such as their homeowner’s policy. If you are new to boat insurance, you probably have several questions, so here are the answers to the most popular asked questions about boat insurance.

Are Passengers Covered?

Yes, boat insurance will cover you as well as your passengers should there be an accident. The passengers on your boat are covered under the liability portion of your policy. However, it’s important that you verify in advance whether your policy covers water skiers that are being pulled behind your boat.

Is Theft of the Boat Covered?

A comprehensive boat insurance policy will cover the theft of your boat itself; however, the personal possessions you have on the boat may or may not be covered; it depends on your policy. For this reason, it is important that you carefully review your policy’s comprehensive coverage to determine what may not be covered. For instance, if you will be carrying fishing equipment on your boat, you may want to consider purchasing an additional rider policy to cover potential losses.

Is Engine Damage Covered?

The coverage for engine damage varies from company to company and policy to policy. Some policies may have machinery damage exclusion, while other policies may not. In some situations, it depends on the age of the motor itself, so it’s important to discuss this type of coverage with your individual insurance provider.

The exact type and amount of boat insurance needed will depend on a variety of factors, such as the value of your boat, the age of the boat and the size of the motor. To find the best coverage, it is recommended that you discuss your options with your policy provider.

To learn more information about boat insurance, residents of Cullman, AL should contact Insurance Solutions Inc.