Whether you like to feel the wind in your sails, the fish pulling at your line, or the water whizzing past your skis, there’s nothing quite like owning a boat. You put a lot into buying and maintaining it, so the last thing you want to think about is losing or damaging it in an accident or other unexpected event. Feel better about the investment you made in your boat with a watercraft insurance policy from Jarosch Insurance.
We offer boat insurance for many different types of watercraft, some of which include:
- Pontoon boats
- Deck boats
- Ski boats
- Wake boats
- Bass boats
- Personal watercraft
- And more
Know Your Risks
Do you know what types of risks you take on when you operate watercraft? It’s not just your boat you have to worry about; it’s your passengers, other people, and their personal property you should be concerned with, too. In fact, third-party injuries and property damage can result in lawsuits with judgments worth tens or even hundreds of thousands of dollars. How much would you stand to lose if it happened to you?
Types of Boat Insurance Coverage
If you have a well-rounded boat insurance policy tailored to your individual risks and needs, you can relax knowing you are covered against a wide range of perils and events. Your policy may include coverage for:
This is the part of your policy that protects you against financial responsibility when you damage someone else’s property or injure them. It can cover your court costs, legal defense fees, and judgments for repairs, medical bills, lost wages, and other related expenses when you are sued for a boating-related accident.
If the damages exceed the chosen limits for your policy, you may have to pay any excess liability out of your own pocket. That is why we often suggest choosing high-limit liability coverage to better protect your income and assets in the event of a lawsuit.
How much did you pay for your boat? Whether it is new or used, chances are you’ve sunk thousands of dollars into your watercraft. Physical damages coverage assures your boat will be repaired if it is damaged due to a covered event. If the cost to repair your boat exceeds its worth, the insurer may reimburse you for your loss with a cash settlement instead.
You can’t imagine hitting the water without liability insurance, but the reality is that many boaters due. If you are injured by an uninsured boater, this coverage lets you rely on your own policy to cover your injuries and those of your passengers.
Medical payments coverage can give you access to quick cash when you or your passengers need medical attention after a boating accident. Claims against this coverage do not require designation of fault, meaning it pays benefits regardless of who is to blame for the incident.
If you carry special equipment onboard your boat, such as fishing gear or skis, be sure to ask about additional coverage that extends to those items. Replacing them could cost thousands of dollars above and beyond the cost of your actual watercraft if your boat sinks or capsizes.
If you own a boat, you probably own a trailer, too. If something happened to it, you could spend thousands of dollars finding a replacement. Be sure to ask about additional coverage for your trailer when you purchase your policy.
Towing and Emergencies
Things don’t always go as planned when you’re on the water. Boat insurance can provide additional protection for the unexpected, whether you need fuel delivery, towing, or some other special assistance.
In the event your boat sinks or capsizes, you may be required to have it retrieved. Boat insurance can include coverage for wreckage removal, saving you from extensive out-of-pocket costs.
How Much Coverage Do You Need?
Never judge your boat insurance coverage needs based on the policy a friend may have or on what is most affordable. Instead, your coverage should be customized to fit your unique needs and minimize your exposure to risk. An independent agent like Bob Jarosch can help you determine which coverage limits and deductible could be right for you. Some of the factors that affect your boat insurance coverage needs include:
- How much income and assets you need to protect
- The value of your boat
- Where you use your boat the most
- The frequency with which you use your boat
- And more
Why Choose an Independent Agent?
It’s hard to beat the convenience and service that comes with using an independent insurance agent. When you choose us, you are teaming up with someone who is looking out for your interests – not the insurance companies. We do not work for insurers, which means we can offer you competing policies from multiple Arizona insurance companies. This makes it easy to comparison shop for your boat insurance policy from one knowledgeable and helpful source.
Boat Insurance Discounts
Discounts can further reduce the cost of your boat insurance premiums if you qualify for them. Although the types of discounts can vary between insurers, it is not uncommon to receive a reduced premium if you remain claims-free, install protective devices, take a boater safety course, or insure multiple watercraft on the same policy. You may even qualify for a discount if you lay-up your boat for the winter.
To find out more about Arizona boat insurance and how Bob Jarosch can help you save on coverage, contact our office to request a free quote. We look forward to serving you soon.