The boat owner’s policy provides a combination of coverages. Most policies will provide coverage for liability, physical damage, and medical payments. Additional coverages often include emergency service, life salvage coverage, repairs after a loss, coverage for emergency first aid, and uninsured boaters coverage.
Uninsured boaters coverage allows the insured to be compensated for any bodily injury damages for which he or she is legally entitled, because of an accident with an uninsured boater. Other additional coverages are offered for an additional premium.
Most boat owners policies are written on an all-risk basis. Under all-risk, the insurer agrees to pay for any direct physical loss or damage to the covered property. All losses would be covered except those specifically excluded.
For more information, please contact our office at 877-9-THE FIG. You may also complete the questionnaire below to be contacted by one of our agents.