NEW ARTICLES  HOT ARTICLES  TOP RATED  ADD AN ARTICLE  UPDATE AN ARTICLE  GET RATED 
  HOME     MY ACCOUNT     POWER SEARCH     REGISTER     SUPPORT     SUGGEST CATEGORY  

Exploring the Different Types of Boat Insuarance
8185 Travel & Leisure > Boating Mar 1, 2007 Ethan K. Roberts Exploring the Different Types of Boat Insuarance When searching for boat insurance, you may be overwhelmed when you find that there are many different types of boat insurance policies available. In general, insurance companies only offer one general watercraft liability coverage policy; some others may offer additional coverage that you are able to purchase. If you have financed your dreamboat, the lender probably requires you to obtain specific coverage. There are many different types of coverage available that you can add, as an addition to your standard policy.

The standard policy, the watercraft liability insurance coverage, is required by law in most states. This insurance policy provides coverage in the event that damage occurs to a person or property as a result of actions taken on your boat. This is true whether or not it is during transportation or actually on the water. This is a law requirement in having this type of liability coverage, and each area will have its own requirements as to how much you will need. It is wise to consult with an insurance agent to find out what is necessary to meet the requirement of the law.

It is possible that medical payment coverage may be required in your area. This type of coverage pays for the medical expenses, up to a specified amount, for you and any passenger on your boat that result in an accident covered by the policy. As a suggestion, regardless of whether this insurance is required or not, it would be wise to consider it. Medical expenses as a result of an accident can become extremely high.

Another additional type of coverage to the standard liability coverage is the wreck removal and pollution coverage. This should also be strongly considered. If your boat sinks or is involved in an accident for any reason, you are required to remove it at once in accordance with the law. If oil or gas leaks into the water as a result of an accident, you will be fined. The wreck removal and pollution coverage provides coverage for this type of incident, without the coverage you will be required to pay for the removal and fines out of your own pocket.

Just like in automobile coverage, you should definitely insure yourself against uninsured boats as well. This works in the same manner as uninsured motorist insurance your automobiles. If another boater, who does not have any type of insurance or enough coverage, collides with your boat on the water, this coverage will pay for the replacement of your boat and any needed repairs.

Most all insurance policies you purchase should cover the boat, motor, and trailer used to transport your boat. Liability coverage is not the only type of coverage that you will likely need in many cases. Make sure that you protect your boat, optional coverage that includes theft, vandalism, losses caused by storms, fire, sinking, capsizing, stranding, and collision. Speak to your insurance agent and find out what type of insurance is required by your area and the types of coverage they can offer you.

Article Source: http://www.articlerich.com

Ethan K. Roberts writes about boat insurance coverage and other topcis. Visit his other sites on boat insurance tips and houseboat renting. Note to publishers: Please keep links intact when re-publishing, thanks.


Write a Review   Add to My Favorite   Refer it to Friend   Report Article  

Average Visitor Rating: 0.00 (out of 5)
Number of ratings: 0 Votes

Visitor Rating


Other links owned by this user
When searching for boat insurance, you be overwhelmed when you find that there are many different types of boat insurance policies available. In general, insurance companies only offer one general watercraft liability coverage policy; some others
Category:

So you have spotted your dreamboat, it is the one you absolutely must have. Once you have purchased your boat you will definitely want to consider boat insurance. While I?m sure you?re aware that boat insurance exists, however, you may not be aware that
Category:

Are you considering a boat charter and are unsure what is available or what look for? Well here is your answer; this article will provide you with fun and interesting facts about boat charters. Boat charters are fun and exciting for any type of get
Category:

At first glance financing a boat is a terrifying task. Most bankers approve or disapprove boat loans in less than an hour; they enjoy offering instant gratification on loans. If the lender has an Internet web site, they can often make a decision in
Category:

The purpose of this article is to explain the various types of air guns available and enable you to make informed decisis. Air guns come in various forms, such as target and hunting types, as well as different caliber and weight for pellets. Deciding
Category:

Eyeglasses in the world day have become so fashionable that even some people will wear them without the having the need. However, some people need glasses and do not wear them for one reason or another. Some reasons include, they cannot afford go
Category:

In today? world, mot people have inveted in one form of an air conditioner or another. We have either window air conditioner in our home or central air conditioner. They keep u cool in the extreme ummer heat without fail; however, have you ever
Category:

Other links at Travel & Leisure > Boating
Many people learn to sail by going sailing with their friends or parents. But how do you get started if you do not know anybody with a boat? Or perhaps you want to undertake formal training to acquire a recognised qualification. Many yacht charter
Category:

An analysis of using small sail boats.
Category:

Want to become the No. 1 Boat Seller? Here are a few amazing tips to become the best and achieve the highest boat sales.
Category:

Sinc th discovry that an ntir hous can b put on top of a boat and mad to float up and down th rivr in lisur, boatyards hav nvr bn th sam. Day in and day out, ths yards hav bn trying as much as possibl to surpass ach othr with
Category:

Whn you choos Caribban yacht chartrs for your nxt vacation, it will b almost lik having your own xclusiv luxury hotl on th watr. If you choos th crwd option for your sailing vacation, you won?t hav to lift a fingr. If you alrady hav
Category:




Site Sponsor
Directory Statistics

Articles: 68214
Categories: 501

Yahoo Entertainment
Valid XHTML 1.0 Transitional   Valid CSS