Arizona may not be the wettest state in the U.S., but that doesn’t stop residents of the Copper State from enjoying some recreational boating. Whether you are popping up to Lake Pleasant for the day or spending the weekend at the popular Lake Havasu, you will need boat insurance that covers you and your watercraft against potential hazards.
There are many risks that come with owning and operating a boat. You could collide with another boat, run your boat aground, run out of fuel in the middle of the lake, or even lose your boat to a storage building fire during the off-season. With the right boat insurance, you can protect yourself against a wide range of perils, from theft and vandalism to emergency assistance and towing.
Types of Boat Insurance Coverage
There is no such thing as a one-size-fits-all boat insurance policy. You have specific risks that demand unique coverage. At Neeley Insurance, we ask many questions about your boating habits to help us determine which level of coverage you could most benefit from. Examples include:
- What kind of boat do you have?
- How old is your boat?
- Have you taken a boater safety course?
- Do you store it in a public marina, a private dock, or in an off-season storage area?
- How often do you use your boat?
- What purposes do you use your boat for?
Types of Boat Insurance Coverage
Like auto coverage, there are many different types of protection available in a boat insurance policy. Examples include:
Property Insurance
If your boat is damaged by a collision or other covered events, such as a fire, the collision and comprehensive coverages in your policy could help pay for the loss. You are responsible for only a deductible, and insurance can take care of the rest.
Liability Coverage
If you injure someone else or damage their property while you are operating your boat, you could be sued for the damages. Liability insurance pays for medical expenses, legal fees, and other costs associated with a boating accident you are responsible for.
Emergency Assistance, Towing, and Salvage
When your boat is stuck like a duck in water, emergency assistance coverage can cover the cost of someone having to bring you fuel, tow your craft to land, or provide other types of help. You can also include coverage in your boat insurance that pays for the retrieval of a sunken vessel, as well as environmental clean-up after a chemical spill.
Special Equipment and Accessories
The factory-included parts attached to your boat are typically covered by the property insurance on your policy, but you may need additional coverage for special gear and equipment, such as ski equipment, navigational equipment, anchors, and more.
Other Types of Coverage
There are many other types of boat insurance coverage that your agent may recommend. Examples include boat trailer insurance, uninsured boater insurance, and medical payments coverage. The type and amount of coverage that is right for you will depend on your individual needs.
Affordable Boat Insurance in Arizona
It costs money to operate a boat; so why spend extra money on premiums when you could be keeping more of your hard-earned cash? As an independent agency, our job is to shop and compare boat insurance from multiple carriers until we find a policy that fits your needs and budget. We can also help you find significant discounts, such as:
- Multi-policy discounts
- Safe boater discounts
- Claims-free discounts
- And more!
For more information about boat insurance or to request your free quote, contact our office today.
