Is it mandatory to have boat insurance to operate a boat in Blaine, MN? The short answer is NO! However, while it might not be a legal requirement, you need it for your own good. That’s why the Deluxe Insurance Group is ready to offer this coverage to protect your valuable investment.
Even if you don’t fear theft or damage, there are still other liabilities you should be concerned about. In this short guide, we’ll show you why boaters need to buy boat insurance.
What Does Boat Insurance Cover?
You can personalize your boat insurance to suit your specific needs. That way, you can cover your boat, passengers, personal items, and yourself.
Here we’ll discuss some specific coverages you’re likely to get with boat insurance.
Boat Injury Liability
This policy protects you financially if your boat is involved in an accident that results in injuries to another person. It will stop you from making out-of-pocket payments to cover medical bills and income loss, among other losses.
Property Damage Liability
Again, if your boat is involved in an accident that leads to property damage, this policy will have your back.
Suppose another boat was damaged, or some other property was damaged by your boat. In that case, property damage liability will protect you from out-of-pocket expenses to cover the damage. Usually, the policy will apply in case of collision. However, it can still cover other situations such as oil spillage and wreckage removal.
Get Boat Insurance Today
You’ve invested a considerable amount of money and time into your boat. There’s no way you’d want to risk such a hefty investment. That’s why you need to purchase boat insurance now to enjoy time with your boat stress-free.
Are you a boat owner in Blaine, MN? Contact Deluxe Insurance Group for more information about boat insurance.