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Anchoring Your Boat With Insurance Coverage

Boat Insurance Irving TXIs Your Boat Properly Protected?

Since your boat is a part of your personal property, you may assume that it is protected by your homeowners insurance. Unfortunately, that is a common misconception that could leave you sunk financially. Generally, homeowners insurance and auto insurance policies do not cover your liability, possibility of theft, or physical damage.

How, then, do you stay safe out on the water, at the dock, and in tow? To best protect your boat, insurance agencies have created a product specifically for it- boat insurance. Boat insurance is important to carry as a boat owner because it protects you in three definite areas.

  • At Your House: While there is a chance your homeowners insurance will cover your boat while at your home, your boat insurance will offer protection for the other assets on your boat, including your anchor, navigation system, and life jackets.
  • On The Trailer: Although your auto insurance policy may cover the trailer on which you tow your boat, it is important that you talk with your insurance agent to discern if your boat will be covered while it is en route to the water.
  • On The Water: Are you and your passengers protected while out on the open water? So you can have the peace of mind you need to relax on the water, boat insurance can step in. This type of coverage ensures that any physical damage and liability will not become an expense you have to cover.

Fortunately, getting the boat insurance you need to rest easy no matter how the waves (both literal and figurative) buffet is simple. To get the best coverage for your boat, contact Global Financial & Insurance Services. Our team of experts is here to meet all of your Carrollton, Irving, and Stafford coverage needs. For all of your Texas boat insurance questions, call us today!