Boat Insurance in Parkland, FL

Enjoying leisurely boat rides can be both relaxing and delightful. While the excitement of boating is often the highlight, it’s crucial to recognize the inherent risks of owning a watercraft. To financially safeguard against unforeseen events, consider obtaining boat insurance.

What Does Boat Insurance Cover?

Boat insurance typically offers the following types of coverage:

• Physical damage coverage may help cover expenses if your boat is damaged from an accident, storm, theft or vandalism.

• Liability coverage may pay for legal fees, medical expenses and other costs related to claims that you caused injury or damage to a third party or their property. 

• Medical payments coverage may cover medical expenses for you and your passengers if an injury occurs because of a boating accident, regardless of who is at fault.

• Uninsured/underinsured boater coverage may help financially protect you if you’re involved in an accident with another boater without insurance or inadequate coverage.

• Personal property coverage may help pay to repair or replace personal items on the boat damaged in a covered incident, including equipment, clothing or electronics.

What Factors Affect Boat Insurance Premiums?

The following factors may influence boat insurance premiums:

• Type and value of the boat

• Age and condition of the boat

• Location and usage habits

• Boating experience

• Insurance coverage and deductibles

• Claims history

• Storage and security measures

Where to Get Boat Insurance

Contact The Byfield Agency to discuss your boat insurance options. We can make coverage recommendations based on your specific vessel and usage habits.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.