Boat/Watercraft Insurance

Whether you own a boat or are planning to buy one, it is important to ensure that your investment is protected. This means purchasing an insurance policy that will protect you in the event of the insured risk. Shenandoah Insurance Agency Inc. helps watercraft owners in Colorado to find the right Boat/watercraft insurance for their needs.

What does boat insurance cover?

Generally, boat insurance is designed to protect you against financial loss resulting from owning or operating watercraft. Here is part of what the insurance policy covers.

Physical damage - watercraft insurance will protect you in the event of physical loss or damage to your watercraft. This coverage will also include permanent equipment attached to the watercraft.

Bodily injury liability - if your watercraft causes an accident, this type of insurance will cover medical expenses and lost wages in case the other party sustains injuries. There may also be compensation for legal defense as well as death depending on the circumstances.

Property damage liability - in case you are involved in an accident for which you are at fault and someone's property gets damaged as a result, boat insurance will provide legal liability coverage. Such coverage will be up to the limit of liability that you choose.

Medical payments - in case you or any other person suffers injuries while operating or occupying the boat, medical payments will cover the cost of treatment.

Uninsured/underinsured boaters coverage - this coverage will pay you in case an uninsured or underinsured boat operator is at fault for an accident in which you suffered bodily injury.

Optional coverage

You can also choose to include optional coverage such as personal effects coverage, fishing equipment, and on-water towing.

Looking to purchase Boat/watercraft insurance that will give you the peace of mind you deserve? Shenandoah Insurance Agency Inc. arranges for different types of policy including home, auto, boat and umbrella insurance. If you would like to get a quote for home or auto insurance, kindly use our online rating tool. In order to purchase any other policy, visit our offices in Colorado or give us a call.