Unlike auto coverage, boat insurance isn’t required by law in Connecticut. However, there may be other reasons why you might be required to insure your watercraft. For example, you might need some form of coverage if you operate a boat as part of a business or dock at a marina that requires insurance. But even if these circumstances don’t apply to you, it’s still wise to invest in watercraft coverage. Here are a few reasons why. 

4 Reasons You Should Still Invest in Boat Insurance Even If It Isn’t Required

1. Minimize Boat Repair & Replacement Costs

Getting in any kind of boating accident can leave your watercraft with expensive damage. Rather than having to pay out of pocket for repairs—or a total replacement—having a policy with comprehensive coverage will help cover all types of damage that result from a collision.

Comprehensive coverage will also help pay for costs associated with non-accident incidents, including boat theft, vandalism, and severe weather damage.

2. Get Help in Emergencies

Just as some car insurance plans include roadside assistance coverage, some boat policies will cover costs to get you and your craft out of danger. For example, some will pay for towing, battery jumps, and fuel replacement if you get stranded out on the water.

3. Protect Against Property Damage

Even if you’re not worried about your own vehicle, you may still want to have a basic policy to cover damages you’re responsible for while operating your boat. Most plans will pay a certain amount to repair or replace any vehicles you collide with. These policies may also offer coverage if your boat crashes into other types of property, such as docks.

4. Cover Medical Damages

Boating has some risks. For instance, passengers may be harmed as a result of a boating accident or hurt while water skiing. As the owner and operator of the craft, you can be held liable for these injuries—even if they weren’t your fault. If you have reliable boat insurance, the policy will help cover any associated medical costs in the event that an injured party sues you.

Offering all types of protection in Windham County, CT, K.L. Smith Agency will help you explore all your options in a stress-free and easy-to-understand fashion. Dedicated to customer service, this Willimantic-based insurance agency is recognized for developing policies that not only offer peace of mind but also keep premium costs to a minimum. To learn more about how these agents can help you save, visit their website. For a custom quote on coverage, call (860) 423-9294.