4 Benefits of Boat Insurance

Whether you are a startup or a seasoned boater in Baraboo, WI, you must familiarize yourself with the benefits of boat insurance. Whereas boat accidents aren’t as common as auto accidents, it’s essential to purchase boat insurance to protect you, your boat, and passengers when a boating accident occurs. If you own a boat or you are considering buying one, below is a rundown of the benefits you will accrue when you secure your boat with insurance from Johnsen Insurance.

Protection of your boat

Given how expensive your boat is, it’s pivotal to secure it with insurance in case of an accident. The good thing about boat insurance is that it protects your boat both inside and out of the water. Collision coverage covers your boat from physical damage when it collides with another boat or stationary project. On the other hand, comprehensive coverage protects your boat against non-collision perils, including fire, theft, vandalism, falling objects, and some natural calamities.

Liability protection

Considering that boating accidents can occur, you need liability coverage for accidents that you are deemed liable for. Boating accidents can be costly. They can result in property damage, bodily injuries, and even legal suits. To that end, you need liability coverage to pay for accident-related expenses that can cripple you financially. 

Medical benefits coverage

Since boating accidents can result in injuries, you need boat insurance to cover medical costs for you and your passengers. Without boat insurance or health insurance, you will have to incur out-of-pocket medical bills when you sustain watercraft-related injuries.

Emergency assistance 

Can you imagine your boat breaking down miles away from the shore with no help in sight? While you can call professional hiring services, it can be expensive. Fortunately, with an emergency assistance add-on on your boat insurance, you get services like towing, gas delivery, and other services to get you out of the water safe. 

Boat insurance in Baraboo, WI

Are you ready to get started with boat insurance? Please contact Johnsen Insurance for an affordable and personalized boat insurance quote. 

Three things your boat insurance policy should cover

If you take out a boat insurance policy in Baraboo, WI, you must understand what your policy covers. At Johnsen Insurance, we offer boat insurance policies to boat owners to protect them against liabilities and to protect the investment they make in their watercraft.

The following are three things your boat insurance policy should cover. 

Protection against physical damage to your vessel

Your boat insurance policy should protect the value of your vessel. Boat owners need to invest a good sum of money in purchasing a boat. For this reason, carrying boat insurance is important to ensure that boat repairs will be covered in the event of an accident.

Protection against liability lawsuits

Operating a boat poses some liability risks for boat owners. You could face a lawsuit if your boat causes damages to the property of another party. Lawsuits can be costly for boat owners when it comes to legal costs and the amount of any possible settlement. 

A boat insurance policy should include liability coverage to protect the policyholder against lawsuit damages. This gives boat owners financial security.

Protection against medical bills resulting from accidents

Another possible expense, a boat insurance policy should cover medical bills. If a boating accident results in physical injury, the resulting medical bills can be quite expensive.

One of the most important types of coverage on any boat insurance policy is bodily injury coverage. You should make sure your policy includes a good amount of coverage for medical payments to protect yourself and others out on the water. 

Ready to compare boat insurance policy options in Baraboo, WI? Let us know. We’re here to answer all your questions. Call us or visit our website at Johnsen Insurance