With summer right around the corner, many individuals have boating on the brain. For many, the thought of cruising the waves in the sunshine makes purchasing a vessel irresistible. If you fall into that category, it's important that you also understand the value of purchasing boat insurance. Here's a closer look at the benefits it offers.
How Boat Insurance Benefits You
1. Protect Your Investment
One of the most important aspects of a full-coverage policy is total loss replacement. This aspect of the policy helps cover the cost of a new vessel — usually up to the original purchase price — if your boat is destroyed.
As a result, you're able to reduce the extent of interruptions caused by unexpected issues and return to enjoying the water with your loved ones quickly. While every policy varies, the insurance coverage usually offers protection for fires, storms, and theft.
2. Reduce Out-of-Pocket Costs
Accidents happen. Yet, when you're deemed responsible for them, legal claims are likely. In such situations, you could face significant out-of-pocket costs related to property damage and injuries of other parties involved in the incident.
However, with boat insurance, the liability aspect of the policy kicks into effect. Aside from the deductible, the plan covers the resulting expenses up until the specified limits are hit.
3. Emergency Assistance
Even if you're committed to staying up-to-date on your maintenance schedule, it's impossible to completely avoid malfunctions forever. Unfortunately, when such arise on the water, you'll at least need help getting back to shore. Thankfully, many boat insurance policies have an option to add emergency assistance, which includes quick repairs and towing.
Ready to hit the water this summer? Make sure your vessel and your pockets are protected with the help of Wilson Insurance Agency in Dalton, GA. Since 1969, helmsmen across Whitfield County have turned to the local insurance agency for personalized policy assistance. The dedicated team is committed to honest, friendly, and dependable service. Request a boat insurance quote today by visiting them online or calling (706) 278-0549.