If you’re a responsible driver, you wouldn’t get behind the wheel without proper auto coverage. If you own a boat or watercraft, hitting the water without adequate boat insurance is no less risky.
Memorial Day (end of May) is traditionally considered the start of boating season. Here in Florida, it starts earlier than that. It’s never too early to start preparing for a great boating season as owning a boat comes with unique risks and liabilities. As a responsible boat owner, you need to make sure you’ve got sufficient coverage to protect yourself, your family, your property and your investments.
Boat Insurance
Your Ship Could Be Sunk Without It
Boat & Watercraft Insurance: Coverage for Your Fellow Floridians
You have a responsibility to your water-faring neighbors, too. What would happen if you were found legally liable for an accident on the water involving damage to another’s person or property? Without adequate boat liability insurance, a cash judgement against you (along with associated legal fees) could easily force you into bankruptcy.
What Does Florida Boat Insurance Cover?
A typical boat insurance policy covers the most common risks associated with physical damage to your boat:
- Sinking
- Fire
- Storm
- Theft
- Collision
Typical boat insurance also covers damage to a range of boat-related items and property. Such property includes the boat itself and motor, along with the trailer used to haul the craft to water. Equipment permanently affixed to the boat is also routinely covered, along with anchors, oars, trolling motors, extra fuel tanks, tools, removable canopies, seat cushions, life jackets and preservers, skis and tow ropes, dinghies, and more.
Many boat insurance policies also cover labor costs for repairing and/or replacing your boat and associated equipment. And most policies provide basic liability coverage. Liability isn’t required by Florida law, but you risk losing everything without some degree of liability protection. Bodily Injury Liability is an important coverage when you're on the water. If you get into an accident, and injure someone, this is the coverage that is going to protect you. It will pay for the other party’s medical expenses, lost wages, and pain and suffering. The cost for your legal defense can come out of this coverage amount. Llewellyn Insurance Services can help you check your Florida boat insurance policy to make sure you have enough coverage to protect your assets.
Some boat and watercraft policies also cover damage done by uninsured boaters, akin to auto insurance. Uninsured Boater coverage protects you, your resident relatives, and occupants of an insured boat in the event of a bodily injury, including any resulting death sustained in an accident caused by the owner or operator of a boat that does not have insurance (Uninsured) to cover your injuries.
Many boat insurance policies also cover labor costs for repairing and/or replacing your boat and associated equipment. And most policies provide basic liability coverage. Liability isn’t required by Florida law, but you risk losing everything without some degree of liability protection. Bodily Injury Liability is an important coverage when you're on the water. If you get into an accident, and injure someone, this is the coverage that is going to protect you. It will pay for the other party’s medical expenses, lost wages, and pain and suffering. The cost for your legal defense can come out of this coverage amount. Llewellyn Insurance Services can help you check your Florida boat insurance policy to make sure you have enough coverage to protect your assets.
Some boat and watercraft policies also cover damage done by uninsured boaters, akin to auto insurance. Uninsured Boater coverage protects you, your resident relatives, and occupants of an insured boat in the event of a bodily injury, including any resulting death sustained in an accident caused by the owner or operator of a boat that does not have insurance (Uninsured) to cover your injuries.
How Much Does Boat & Watercraft Insurance Cost?
You have a responsibility to your water-faring neighbors, too. What would happen if you were found legally liable for an accident on the water involving damage to another’s person or property? Without adequate boat liability insurance, a cash judgement against you (along with associated legal fees) could easily force you into bankruptcy.
Does Florida Law Require Boat Insurance?
The short answer is “no.” However, state law isn’t the only consideration here. For example, if you purchase your boat on loan, your lending institution will probably require you to carry boat insurance. If you store your boat at a marina or boatyard, said facility might require you to maintain a certain level of boat insurance.
Why Comprehensive Boat Insurance from Llewellyn Insurance Services?
Finally, if you’re a responsible boat owner, carrying adequate boat insurance just makes sense. Protecting your passengers and your water-going neighbors with adequate boat insurance coverages is the right thing to do. Plus, a boat can represent a sizable investment. Even if you bought your boat with cash, could you afford to just throw that money away and buy a new boat if something happened?
Discounted Boat Insurance with Multiple Llewellyn Insurance Services Policies
If you purchase boat insurance through Llewellyn Insurance Services, you may qualify for discounted rates if you already have other policies with us. Whether you’re already a Llewellyn Insurance Services policyholder or not, ask us about multiple-policy discounts for bundling boat insurance with other policies.
For a Free Boat Insurance Quote, Call Llewellyn Insurance Services
A comprehensive boat insurance policy from Llewellyn Insurance Services will help shield your assets against unexpected trouble on the waters. If you’re shopping for boat insurance in Sarasota, Pinellas, or Manatee, County Florida, we’d be thrilled to hear from you. As an independent insurance agency in St. Petersburg Florida, we partner with numerous insurance carriers, and can do the shopping around for you!
We’ll answer all your questions about Boat insurance and help you make informed coverage decisions. Call us and we’ll get you covered! For a free Boat insurance quote, call Llewellyn Insurance Services today at 727-894-5555. Or for a free online Boat insurance quote, just fill out the get a quote form on this page.