Do you love boating in Blaine, MN? If yes, you must consider boat insurance. While boat insurance isn’t mandatory in Maine, it can save the day when you least expect it. So, whether you own a fishing, sailing, or cruising boat, you must consider boat insurance.
Although boat insurance is a worthwhile investment, you must know it has gaps. Luckily, there are “riders” or “add-ons” you can consider to boost your boat insurance policy. Deluxe Insurance Group highlights common add-ons you should consider for your watercraft insurance.
Add-ons to Consider for Your Boat Insurance
Umbrella Insurance
Your liability coverage can easily run out when you cause a significant boating accident. When your limit is exhausted, you will have to cover the difference from your pocket. Thankfully, if you have invested in umbrella insurance, you don’t have to incur out-of-pocket expenses. Umbrella insurance takes over from where your underlying coverage leaves off.
Emergency Coverage
Like your car, your boat can stall when in water. Of course, you can call rescue services, but this option is quite costly, and sometimes, breakdowns can strike when you are low on budget. The best way to cushion yourself from boat breakdowns is by investing in emergency coverage. This policy comes to your rescue when your boat stalls miles away from the shore.
Personal Effects Coverage
The chances are that you have personal items in your boat. The sad bit is that your boat insurance won’t cover personal assets when disaster strikes. Unless you have home or renter’s insurance, include a personal effects coverage add-on on your boat insurance to cover your fishing gear, electronics, and other personal belongings.
Fuel Spillage/Wreckage Removal Coverage
Most states require boaters to incur fuel spillage cleaning costs to protect marine life against pollution. The cost of spillage cleaning — even if small — can be expensive. Fuel spillage coverage covers cleaning and environmental costs, including legal fees when sued.
Contact Us Today
Would you like to strengthen your boat insurance with add-ons? Get in touch with Deluxe Insurance Group in Blaine, MN for affordable endorsements.
