What boat owners in Nederland, TX need to know about boat insurance.

Now that you have purchased your boat, you anticipate all the fun you will have onboard with your family and friends. Being out on the water may be fun, but it can be dangerous. Any watercraft is prone to damages, even more so than your car. Hazards like fires, storms, collisions, and lightning can damage your investment in an instant. For peace of mind and to ensure that your hard-earned cash does not sink with your boat if anything untoward happens, it is sensible to take out a boat insurance policy. 

According to FB Taylor Insurers in Nederland, TX, it is not compulsory to take out a separate policy to insure your boat. Some home owner’s policies will cover repairs to structural damage of boats. They may even include damage to motors, hull, and fixtures. However, one significant element that they do not cover is the liability component included in a specially drawn up boat owner’s policy. 

The boat policy includes liability insurance covering both property damage liability and bodily injury liability. If you accidentally collide with another watercraft, any damages you may be responsible for will be covered by your policy. Similarly, if anything happens on board that results in personal injury to you or your guests, the policy will cover any damages claimed against you in such an accident.

Remember, life is unpredictable on land and even more so on the water. So, instead of worrying about all the things that can go wrong, taking out a boat insurance policy will help you relax and enjoy being the captain of your boat. Before you hit the water, call FB Taylor Insurance to discuss which boat insurance policy will cover all your needs.