Boat and Watercraft Insurance — Why Should I Buy a Policy?
There’s an old saying that goes, "It’s better to be safe than sorry." That is a good thing to remember if you have a boat or other watercraft in Clarkston, MI, and you are questioning why insurance is necessary. There is more than one good reason why insuring your boat/watercraft is the responsible thing to do. When you call us at The Ryan Insurance Agency, our agents will go over all the things you need to know about having or not having proper coverage.
About Insurance for Your Boat
While Michigan does not require a boat or watercraft owner to carry an insurance policy, there are exceptions that do require proper insurance coverage. Like most things that are financed or leased, the insurer will most likely require you to have insurance to protect the property.
Whether you are an avid boater or even if you are a casual boater, there are times you will want to take a break at a nearby marina. For the protection of other watercraft docked at the marina, chances are you will need to show proof of insurance before dropping anchor. If you plan to enter any organized racing events, you’ll need coverage.
What Happens When the Watercraft is Not Insured?
If you choose not to have a policy, you put yourself, the boa5/watercraft, and your finances in a negative situation because you will be paying out of pocket. With a policy, physical damage caused by a collision, weather, fire, or theft is covered.
If you cause an accident while cruising the water, a policy covers legal expenses, medical bills, and property damage.
Contact Us
Keep your boating time in Clarkston, MI, protected at all times with a call to The Ryan Insurance Agency to put a policy in place. Our goal is to help keep your boat afloat. Call us, we’re standing by.
