Unlike auto insurance, boat insurance is not required in most states, and Ohio is no exception. Even though you do not have to secure boat insurance, having some level of protection from a boat insurance policy is a good idea.
Boat Insurance Coverage Options
The agents from the Ruddy Insurance Group in Niles, OH want you to know about the different coverage options available regarding boat insurance policies.
Liability Boat Insurance
Similar to auto liability insurance, boat liability insurance will cover any damage caused in an accident to someone else’s property or injuries they may sustain in an accident deemed to be your fault. This liability coverage can also cover the passengers on your boat or the other person’s boat.
Comprehensive and Collision Insurance
Whether you paid cash for your boat or borrowed the money to purchase your boat, comprehensive and collision insurance are two types of coverage options you will want to have to protect the investment you made in your boat. Comprehensive insurance will cover your boat if a fire or natural disaster damages it. Collision insurance will help you out if you collide with another boat or a stationary object. For example, if your boat hits someone’s dock and causes damage, your collision insurance will help you pay for those damages.
Before winter ends and spring is upon us, contact the agents at the Ruddy Insurance Group in Niles, OH to create a boat insurance policy that works well for you and your situation. Call today to start your policy so you can have the peace of mind you deserve this summer while relaxing on your boat!