Boat/Watercraft Insurance

While numerous insurance policies will often be a requirement in various states, watercraft insurance will likely not be mandatory. Due to this, boat owners may choose not to get coverage, leaving them with out-of-pocket expenses when emergencies happen. Spokane Valley Insurance can help you avoid this, with insurance helping you keep yourself and others safe during your escapades around Washington. Below, we discuss some options to consider getting.

Personal Property Coverage

Personal property coverage protects your possessions while aboard. If your clothing and electronics are damaged, it will help pay for your repair and replacement costs. Fishing equipment may also be damaged during loading and unloading, increasing your expenses in the long run. Personal property coverage will come in handy here, allowing you to meet your repair needs.

Physical Damage Coverage

Physical damage coverage pays for your repair costs when your boat gets damaged by various perils. Examples of these are fire, hail, lightning, and vandalism. This policy also helps you cover the replacement costs if your watercraft is stolen. In addition to this, if your boat gets destroyed due to collisions with nearby structures, such as floating objects and docks, physical damage coverage will reimburse you for the expenses.

Liability Coverage

Liability coverage ensures that bodily injury costs and property damage costs to 3rd parties are taken care of. If a guest gets injured aboard your boat, this coverage compensates you for the hospital bills. If their property also gets damaged, this policy helps you replace the items in question while ensuring that any legal costs are taken care of.

Emergency Towing and Assistance Coverage

This coverage will kick in when you need help with your boat. A few emergency services that it will take care of include fuel delivery, a change of broken parts, and towing.

If you need any of the above policies within Washington, consider contacting Spokane Valley Insurance today. We will help you create customized coverage to suit your needs.