If you are a boat owner living in Florence, AL, you know how much enjoyment comes from cruising the waterways. Whether you’re relaxing, soaking up the sun, enjoying cool breezes, or dropping a line to catch a fish or two, boating is a fun pastime. At McBride Benefit Solutions, we understand the importance of customer safety and financial security. These are key reasons to contact us about getting boat insurance, even though the state does not require it.
Benefits of Having Boat Insurance
Unless your boat is financed and the lender requires insurance, or if you don’t plan to dock at marinas that require insurance, you may not be legally obligated to have coverage. However, without insurance, you could be putting your financial future at risk. If your boat is involved in an accident, you may be held responsible for medical costs for those injured, as well as paying for damages to their property. Additionally, you would need to pay out-of-pocket for any damage to your own boat.
Types of Insurance to Consider
There are three main types of boat insurance to consider: comprehensive, collision, and liability coverage.
Comprehensive Insurance: This type of coverage protects your boat from unforeseen events, such as inclement weather, vandalism, or theft.
Collision Insurance: Collision insurance covers damage to your boat when it is involved in a collision, whether with another boat or an object.
Liability Insurance: Liability insurance is essential. If your boat is responsible for an accident that causes injury to a person, property, or another boat, this coverage helps pay for medical expenses, repairs, and replacements for the affected party.
Contact McBride Benefit Solutions
Enjoy all there is to see and do without stress when boating around Florence, AL. Contact McBride Benefit Solutions today for insurance that provides security and financial protection.
