There’s no question that owning a boat can bring quite a bit of enjoyment to your life. However, because a boat is also a liability, it’s important to insure it to be certain you are fully protected in the event of an unforeseen issue or accident. The top reasons it is a good idea for you to purchase boating insurance from Hyman Brown Insurance Agency Inc. serving Commerce, GA can be found here.
Theft or Fire
Just like cars, boats can be stolen. If your boat is stolen or if it catches on fire, and you don’t have insurance coverage, you have no recourse to recover your losses. If you are still paying on the boat, you will have to continue to do so without the ability to replace what you lost. Insurance makes sure you and your boat are protected and minimizes significant losses related to theft or fire.
Another reason to have boating insurance is to protect yourself in the event of a boating accident. Boating accidents can be severe, but all this is based on the type of boats involved, speed, and where the impact occurred. Insurance will protect you for damages to your boat, as well as other people’s property if the accident was your fault.
If you own a boat, and take others out on it, you may be held liable if they suffer an injury while on board. This is something that a quality boat insurance policy covers. As you can see, there are several reasons to invest in boating insurance. If you need more information, contact Hyman Brown Insurance Agency Inc. Our professionals can help you get the coverage needed in Commerce, GA.