There is nothing quite like an afternoon out on Lake Michigan fishing, skiing, or simply cruising with friends or family. If you consider the water your second home, your boat is the means by which you get there. You maintain it, winterize it, install safety features on it, and learn how to drive it; and you also need to insure it. Having the right boat insurance can means you can hit the water with confidence, spending less time worrying and more time living the good life.
Why Boat Insurance?
Do you know the hazards you face as a boat owner? Whether your watercraft is on the water or stored away for winter, you are at risk of loss or liability at all times. Imagine coming home from vacation to find that your high-end sailboat has been stolen from your garage. It is too big to be covered by your homeowners insurance, which means you must absorb the loss yourself. Worse, think of the long term financial damage you could face if you are responsible for a serious boating accident. If a victim decides to sue you for injuries, lost wages, and property damage, your liability could be hundreds of thousands of dollars. Boat insurance serves as a safeguard against accidents and losses that could otherwise prove very expensive.
Boat Insurance Coverage
We offer boat insurance to cover a wide range of watercrafts. Examples include:
- Fishing boats
- High-powered ski boats
- Pontoon boats
- Deck boats
- Personal watercraft
- And more
Our coverage options are broad, with policies that may include:
If you hit another boat, watercraft, person, or private property, you could be held liable for any damages and medical expenses resulting from the accident. Liability coverage helps take care of claims made against you, as well as legal fees and judgments stemming from a lawsuit.
When you sunk an investment into your boat, you did not actually want it to sink. If your boat is damaged, however, you will need collision and comprehensive insurance to repair or replace it. Whether you hit a stump under the surface or someone steals your boat and trailer, physical damages coverage can get you back on the water in no time.
When you or your passengers are injured in a boat accident, medical payments coverage can help pay for medical bills stemming from accident-related injuries, regardless of who is at-fault.
If you are hit by an uninsured boater or a boater with inadequate insurance to cover your injuries, uninsured and underinsured boater insurance can fill in the gaps. These types of insurance help pay your medical expenses, lost wages, and more if you are the victim of a boat-related accident.
Wreckage Removal and Cleanup
If you sink your boat, you may also be responsible for having it removed. Boat insurance can help cover the cost of removal, as well as any environmental cleanup that might be required following a fuel and oil spill.
Special Equipment Coverage
Your boat might be fully covered, but what about its equipment, accessories, and upgrades? If you keep fishing equipment, skis, and other accessories on board, you might consider special equipment coverage to help pay for their replacement after a covered event.
Towing and Assistance Coverage
If you run out of fuel on the water or experience a breakdown, towing and fuel delivery can cost a fortune. Add this coverage to your policy to protect yourself against an interruption in your plans.
Thiensville Boat Insurance Quotes
We help boaters in Grafton, Thiensville, Mequon, and the greater Milwaukee area find the coverage they need to endure the bumpy waters of life. Though you may not be able to control what the future holds, a custom-tailored policy from Insurance Innovations, Inc can help offer smooth sailing no matter what comes your way. Call us today to request your boat insurance quotes. We look forward to serving you soon.