Boat Insurance In Durham And Raleigh, NC
Good Boaters Are Responsible Boaters
When the beaches are full and the sun is shining, anyone would be tempted to take their boat out on sparkling waters to enjoy a fun summer day under the sun. Unfortunately, accidents can happen, both on and off the water, that even your home insurance policy may not be able to cover. Boat insurance helps protect you, your passengers and your boat in case of an accident so you can have fun on the water without worry.
All About Insurance will tailor a policy to fit your boat and your budget. Give us a call at (919) 321-2886 or fill out an online quote form today.
Common Boat Insurance Questions
Home insurance only offers a limited amount of coverage for certain boats. Without proper insurance, you leave yourself open to thousands of dollars in damages, injuries, and even possible lawsuits.
A good boat insurance policy covers:
- Physical damage or loss provides compensation for damage to the boat due to fire, wind, hail, lightning, vandalism and theft.
- Bodily injury and property damage liability covers claims of bodily injury and property damage that the insured may cause while operating the boat.
- Guest passenger liability covers damage and injury that may be caused while a guest is operating the boat under the boat owner's permission.
- Medical payments help with the medical expenses of the driver and their passengers after an accident.
Boat insurance costs vary depending on several factors, including the insured boater's piloting record, their credit score, and the location and the value of the boat. On average, boat owners may pay between $25 and $41.66 a month for boat insurance.
Boat insurance is not legally required in most states, but many marinas will require boaters to carry a minimum amount of boat insurance.
Boat insurance is designed to cover the insured driver, their passengers and any others that may be involved in an accident concerning the insured boat.
Boat insurance covers a variety of water vessels from physical damage due to fire, collision, lightning, smoke, theft and vandalism. It can also cover lawsuits if the boat owner is sued for damage or injury caused while they are operating the boat.