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Do I need boat insurance for a non-motorized boat?



Depending on where you live, you may not be legally obliged by the state to carry boat insurance for a non-motorized boat, but that is not the only reason to insure your boat. If you have invested in a sailboat, kayak, canoe or RIB (rigid inflatable boat), the boat insurance protects your investment if the personal watercraft is damaged in an accident. It should also protect you if an application or lawsuit is filed against you.

Do I need boat insurance?

A non-motorized boat can be involved in an accident, just like any other jet ski. If a boat is involved in an accident that causes damage to or property, your boat insurance protects you against financial losses. The cost of a claim or lawsuit can lead to extreme financial damages. Make sure your canoe, kayak or RIB is covered.

Liability coverage for boat insurance: Why it matters.

Boat insurance can be purchased to cover physical damage and protect against liability. Liability coverage can be critical in cases of bodily injury or death. If you are sued by another party who claims that you are responsible for a personal injury or death, the cost of defending yourself against the compensation can be paid through your policy. assets, including pension funds, investment funds or the value of your property. You have worked to collect assets that could be lost in a lawsuit, and the liability protection for a non-motorized boat provides an essential form of protection.

Are you responsible? person, you will still be held liable in the event of an accident. If a friend or co-worker is injured while using your boat, you may be required to pay damages in a claim or lawsuit.

Added coverages

Each boat insurance varies depending on what the insurance company offers. You may want a policy that provides emergency sleep and assistance coverage. Look for a boat insurance policy that offers complete protection, including emergency sleep and assistance.

How much boat insurance do I need for a non-motorized boat?

In some cases, a non-motorized boat may be covered by your homeowner, but only a review of your existing insurance will reveal the police boundaries. Make sure you know these limits before an accident occurs. The limits are usually low and it is smart to find out if you need extra coverage based on the value of your jet ski. A kayak, small sailboat, RIB or canoe can have a value that is much higher than the usual limit of $ 1,500 in a standard policy for homeowners.

Evaluating the risk

Even if you follow the safety rules while on the water, many boaters who share the water are inexperienced, consume alcohol or take risks that could endanger your health and safety. These boaters may not have insurance. Instead of taking a risk, you can protect against a number of problems that can arise by insuring your jet ski. These policies are generally very affordable. For peace of mind, we encourage you to talk to one of our friendly agents about the boat insurances available on the market and the options that fit your budget.


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