Bird Insurance Agency Boat Insurance: Your Ship Could Be Sunk Without It
If you’re a responsible Florida driver, you wouldn’t get behind the wheel without proper auto insurance coverage. If you own a boat, watercraft, or jet ski hitting the water without adequate boat insurance is no less risky.
Memorial Day (end of May) is traditionally considered the start of boating season. Here in Florida, it starts earlier than that. It’s never too early to start preparing for a great boating season as owning a boat comes with unique risks and liabilities. As a responsible boat owner, you need to make sure you’ve got sufficient coverage to protect yourself, your family, your property and your investments.
What Does Florida Boat Insurance Cover?
A typical Bird Insurance Agency boat insurance policy covers the most common risks associated with physical damage to your boat:
Typical boat insurance also covers damage to a range of boat-related items and property. Such property includes the boat itself and motor, along with the trailer used to haul the craft to water. Equipment permanently affixed to the boat is also routinely covered, along with anchors, oars, trolling motors, extra fuel tanks, tools, removable canopies, seat cushions, life jackets and preservers, skis and tow ropes, dinghies, and more.
Many boat insurance policies also cover labor costs for repairing and/or replacing your boat and associated equipment. And most policies provide basic liability coverage. Liability isn’t required by Florida law, but you risk losing everything without some degree of liability protection.
Bodily Injury Liability is an important coverage when you're on the water. If you get into an accident, and injure someone, this is the coverage that is going to protect you. It will pay for the other party’s medical expenses, lost wages, and pain and suffering. The cost for your legal defense can come out of this coverage amount also. Bird Insurance Agency LLC, can help you check your Florida boat insurance policy to make sure you have enough coverage to protect your assets.
Some boat and watercraft policies also cover damage done by uninsured boaters, akin to auto insurance. Uninsured Boater coverage protects you, your resident relatives, and occupants of an insured boat in the event of a bodily injury, including any resulting death sustained in an accident caused by the owner or operator of a boat that does not have insurance (Uninsured) to cover your injuries.
How Much Does Boat & Watercraft Insurance Cost?
Premium costs for a boat, jet skis and watercraft policy will depend on the agreed-upon values of the policy, chosen deductibles, insurability, and other factors such as size, type and cost of the boat. These limits can be extremely important in the event of severe damage or of a total loss, so it’s important to choose carefully. In this way, boat insurance is quite similar to other insurance policy types and Bird Insurance Agency can help you in every way.
Does Florida Law Require Boat Insurance?
The short answer is “no.” However, Florida state law isn’t the only consideration here. For example, if you purchase your boat on loan, your lending institution will probably require you to carry boat insurance. If you store your boat at a marina or boatyard, said facility might require you to maintain a certain level of boat insurance. Bird Insurance Agency is here to help you find the right boat insurance policy at the right price.
Why Comprehensive Boat Insurance from Bird Insurance Agency, LLC? It’s the Right Thing to Do
Finally, if you’re a responsible Ocala, Florida boat owner, carrying adequate boat insurance just makes sense. Protecting your passengers and your water-going neighbors with adequate boat insurance coverages is the right thing to do. Plus, a boat can represent a sizable investment. Even if you bought your boat with cash, could you afford to just throw that money away and buy a new boat if something happened?
Discounted Boat Insurance with Multiple Bird Insurance Agency, LLC Insurance Policies
If you purchase boat insurance through Bird Insurance Agency, LLC, you may qualify for discounted rates if you already have other insurance policies. Whether you’re already a Bird Insurance Agency, LLC policyholder or not, ask us about multiple-policy discounts for bundling boat insurance with other policies. Some additional discounts and coverages may include:
- Accident forgiveness
- Roadside Assistance
- Boat Removal
- Boating Safety