What Are Some Common Claims Made Under Boat Insurance Policies?

Boat insurance policies offer protection against a wide range of risks, including damage to the boat, medical bills if someone is hurt on board, and liability in the event that someone is injured or property is damaged due to an accident. An important consideration for boat owners is whether their policy will cover them if they are at fault in an accident. Policies typically require that you exercise reasonable care when operating your boat and maintain adequate liability coverage. The Ryan Insurance Agency can help you in Clarkston, MI. 

Learning About Insurance Policy Claims 

Boat insurance policies offer coverage for a variety of risks. Depending on the type of boat you have, it may be required to have certain types of insurance. For example, most boats that exceed 10 feet in length are required to have liability insurance, which covers any damage your boat causes to another person or property. Most policies will also offer coverage for medical expenses if someone is injured on your boat, as well as lost wages if they are unable to work. In the event of an accident or sinking, most policies will also offer coverage for the value of the boat itself. 

Boats can be expensive, and their owners want to protect themselves from large repair bills in the event of an accident. Some common claims that you might find on a boat insurance policy include accidental sinking, false arrest, liability protection, collision, and liability for personal property in the case of a fire caused by the boat’s electrical systems. Other common claims for boat insurance include: 

  • Sinking due to a mechanical failure
  • Hauling a boat that is damaged due to a collision
  • Personal injuries from a fall from a boat
  • Docking/gar slip and fall on a boat slip or pier
  • Collision with a fixed object like a dock or pier
  • Damage to a dinghy or outboard motor that you were towing
  • Boarding a risky dinghy
  • Damage to a jet ski due to a collision
  • Hauling a jet ski that is damaged due to a collision

Final Words 

Boats are often large assets, and these assets are at risk if not adequately protected. A boat insurance policy can help to protect the boat owner if the boat is damaged or destroyed due to a covered cause. Some common claims made under boat insurance policies include coverage for accidental damage, liability, and mechanical breakdown. For inquiries, The Ryan Insurance Agency in Clarkston, MI can help you get started.

What Are Some Common Claims Made Under Boat Insurance Policies?

Boat insurance policies offer protection against a wide range of risks, including damage to the boat, medical bills if someone is hurt on board, and liability in the event that someone is injured or property is damaged due to an accident. An important consideration for boat owners is whether their policy will cover them if they are at fault in an accident. Policies typically require that you exercise reasonable care when operating your boat and maintain adequate liability coverage. The Ryan Insurance Agency can help you in Clarkston, MI. 

Learning About Insurance Policy Claims 

Boat insurance policies offer coverage for a variety of risks. Depending on the type of boat you have, it may be required to have certain types of insurance. For example, most boats that exceed 10 feet in length are required to have liability insurance, which covers any damage your boat causes to another person or property. Most policies will also offer coverage for medical expenses if someone is injured on your boat, as well as lost wages if they are unable to work. In the event of an accident or sinking, most policies will also offer coverage for the value of the boat itself. 

Boats can be expensive, and their owners want to protect themselves from large repair bills in the event of an accident. Some common claims that you might find on a boat insurance policy include accidental sinking, false arrest, liability protection, collision, and liability for personal property in the case of a fire caused by the boat’s electrical systems. Other common claims for boat insurance include: 

  • Sinking due to a mechanical failure
  • Hauling a boat that is damaged due to a collision
  • Personal injuries from a fall from a boat
  • Docking/gar slip and fall on a boat slip or pier
  • Collision with a fixed object like a dock or pier
  • Damage to a dinghy or outboard motor that you were towing
  • Boarding a risky dinghy
  • Damage to a jet ski due to a collision
  • Hauling a jet ski that is damaged due to a collision

Final Words 

Boats are often large assets, and these assets are at risk if not adequately protected. A boat insurance policy can help to protect the boat owner if the boat is damaged or destroyed due to a covered cause. Some common claims made under boat insurance policies include coverage for accidental damage, liability, and mechanical breakdown. For inquiries, The Ryan Insurance Agency in Clarkston, MI can help you get started.

Boat maintenance for lake vessels

The Ryan Insurance Agency is here for the boat owners in the Clarkston, MI community. Our team understands how much enjoyment a boat can bring to our clients’ lives! Here are a few maintenance tips for your lake vessels that we hope you find useful.

Maintenance tips for lake vessels

While boats used in freshwater don’t require as much hands-on attention and care as those used in saltwater, it is still important to keep your vessel well-maintained. Here are a few tips that can help you keep your boat in top condition:

  • Keep it clean. Be sure to rinse and wash your boat regularly, and keep it free of algae, slime, and other dirt.
  • Pay attention to the motor. Be sure to check your motor regularly. This can help prevent small problems from turning into larger ones.
  • Be sure to winterize your craft before storing it. Don’t just put your boat away for the winter without any attention. Give the engine a once-over and drain any fluids that could freeze. Be sure that the cabin area is clean and free of any trash, leftover food, or other detritus. 

By practicing good boat maintenance habits, you can be sure to enjoy your time out on the water for many years to come! Most importantly, be sure to have insurance coverage that will keep your boat protected, no matter what comes your way.

Find out more about comprehensive boat insurance today

The Ryan Insurance Agency offers a variety of boat insurance policies for boat owners in the greater Clarkston, MI area. If you would like to find out more, just call or stop by our local office today!

Boat Insurance: Get Protection From Unforeseeable Events

The market for selling and purchasing boast has registered a notable rise in many regions, including Clarkston, MI. If you are among the proud owners, The Ryan Insurance Agency wants you to feel safe every time your vessel is in the water and when it is off the shows. Purchasing liability risk insurance is among the things that should come by default when you own a boat. 

While owning a boat comes with pride, the risks involved are magnificent. They range from keeping up with maritime regulations to the cost of maintenance. That way, it goes without saying that you cannot afford to live without decent boat coverage.

Understanding The Essentials of Boat Insurance Policy 

Insurance plays a pivotal role when your boat needs repair if it gets damaged. The insurance may replace your vessel if it gets stolen or damaged beyond repair after purchasing replacement insurance cover. However, there are regulations that you must understand before moving forward. Here are some guidelines on viable policy options.

Boat Damage Coverage 

The policy has the power to protect your vessel both in the water and on land. Regardless of the state of your boat, the insurance coverage protects it from all physical damages. It shields pre-installed equipment alongside any additional ones. Here is a review of some of the losses covered:

  • Sinking
  • Burglary
  • Vandalism
  • Explosion 

A Closer Look into Boat Liability Insurance 

Your future finances are safe with the kind of insurance coverage. Whatever lays ahead is a mystery, and you may not tell what might happen when your boat is in the water. You can find yourself on the receiving end if an accident involving your boat leads to property damage or injuries. That said, you need to protect your vessel as much as you cover yourself and your crew.

Contact The Ryan Insurance Agency today for your boat liability insurance cover around Clarkston, MI. They will keep you safe from unforeseeable adversities.

Do I need boat insurance in Clarkston?

Anyone that is in the Clarkston, MI area of the country should look into purchasing a boat. Those who have a boat in this area can use the many Great Lakes and other waterways that are popular destinations during the summer months. If you would like to get a boat here, you also need to get boat insurance. There are several reasons why an owner may need to get a boat insurance plan when they are here. 

Insurance Protects Your Assets

A reason you will need to obtain a boat insurance plan is that it will protect your assets. A boat insurance plan is a very effective way to protect your vessel as it will provide you the resources needed to repair or replace your boat if it is damaged or stolen. This coverage will also be required if you took out a boat loan.

Insurance Includes Liability Coverage

When you operate a boat, you must be safe and careful. However, even if you are, there is a chance that you could cause a boat accident. Due to this risk, you need to make sure that you have proper insurance coverage. A boat liability insurance plan will give you support if you are found to be liable for damages in accident. 

Those in the Clarkston, MI area and are looking for a boat insurance plan should call the Ryan Insurance Agency team. The insurance team with The Ryan Insurance Agency understands how important this coverage is. They can help you assess your needs and options regarding coverage and help you build a plan that will cover your boat and ensure you are in full compliance with requirements. 

Three reasons why you need boat insurance coverage

If you’re a boat owner in Clarkston, MI, there are many reasons why you need to invest in boat insurance. At The Ryan Insurance Agency, we provide boat insurance policies that protect you financially and give you peace of mind while boating. 

The following are three reasons why it’s important to have boat insurance coverage. 

Boat insurance protects the value of your boat.

Boats are expensive possessions. You must spend a good sum of money to purchase a boat. If you don’t insure your boat with collision coverage, your boat could quickly lose its value if an accident occurs. You would then have to pay out of pocket to repair it.

With boat coverage, you enjoy the peace of mind of knowing that damage to your boat will be paid for by your insurance provider. 

Boat insurance can cover medical bills if you are injured while boating.

Unfortunately, boating accidents can happen. You want to be careful to avoid accidents, but when they happen, it’s essential to get the medical treatment that you need. Medical treatment for an injury while boating can be expensive even if you have health insurance. You might have to pay a large deductible before your health insurance coverage kicks in.

With boat insurance, you enjoy coverage for medical expenses resulting from boating accidents. 

Boat insurance protects you from liability expenses.

If your boat causes damages to the property of another party, you will be held liable for the resulting expenses. Boat insurance will cover these expenses so that a boating incident resulting in property damage doesn’t hurt you financially. 

Let us help you find the right boat insurance policy in Clarkston, MI. We’re here to answer your questions at The Ryan Insurance Agency

Getting Uninsured/Underinsured Boat Insurance

Michigan is well known for its many beautiful lakes and waterways. Investing in a boat is the perfect way to enjoy nature. However, before ever heading out, the boat and the captain need to be protected from a variety of situations. In the Clarkston, MI area, our agents at The Ryan Insurance Agency can help you get the coverage your boat needs. 

While boat/watercraft policies cover many different things, you should ensure that you have adequate uninsured/underinsured boater coverage. This will protect you financially if you have a collision at the dock or are hit while on the open water. It’s a prudent piece of coverage to include. 

But this is not the only part of a boat policy that you need to pay attention to. Liability coverage is important should anyone have an accident on the boat. The policy should also cover any physical damage. The mechanical equipment should also be covered whether the ship is docked or on the water. Theft and vandalism should also be addressed. Your agent may recommend maintaining coverage throughout the year, even if the boat is used only part of the year. The policy should also cover all personal possessions inside the boat, including sports equipment and water toys. 

In the Clarkston, MI area, our team at The Ryan Insurance Agency wants you to have the coverage that you need so that you can truly enjoy the many beautiful lakes in Michigan. Getting the coverage you need is simple. Visit our office and let us help you get a quote. We’ll go over your options and answer any questions that you may have. Today is the best day to get the coverage you need.