Three unique types of coverage you need in a boat insurance policy

As a boat owner in Fisherville, KY, it’s important that you invest in boat insurance coverage. At TruePoint Insurance, we provide boat insurance policies to consumers.

The following are three unique types of coverage you need in a boat insurance policy.

Liability coverage

Liability coverage is one of the most important types of coverage that you need when you’re boating. Liability coverage will pay for the costs of any expenses resulting from accidents that you are judged at fault for while boating.

Liability coverage can protect you if you face a lawsuit as a result of your boating activities. Liability coverage should include medical payment coverage for bodily injury that results from your boating activities. 

Salvage and wreck coverage

You should definitely make sure that your boat insurance policy includes salvage and wreck coverage. Salvage and wreck coverage pays for the costs of removing your broken down boat from the water.

It can be very expensive to remove boat debris from waterways. However, you are likely to be responsible for paying this expense if your boat is destroyed while you’re out on the water. Adding salvage and wreck coverage to your boat insurance policy can be a lifesaver if your boat is ever involved in a severe accident. 

Property coverage

You’ll definitely want to include property coverage for your own property in the terms of your boat insurance policy. This way, you know that accidental damage to your boat will be covered and you won’t have to pay for it out of pocket. 

Contact us today to learn about our boat insurance coverage options in Fisherville, KY. We provide boat insurance coverage as well as numerous other types of insurance coverage at TruePoint Insurance.