Boat/Watercraft Insurance

It's no secret that Minnesota residents love lake time. But before you head out to enjoy the great outdoors, it is important to have proper insurance coverage. Here's what you need to know.

What is Boat/Watercraft Insurance?

Personal watercraft and boat insurance is exactly what it sounds like—a policy that covers accidents, weather damage, theft, and more. This type of policy is also required in some circumstances, such as when you’re still making payments to a lender. It also protects you against injuries if you’re involved in an accident on the water and someone in your boat or another vessel becomes injured as a result.

Why Do You Need Boat/Watercraft Insurance?

Owning a boat or personal watercraft can be a lot of fun but making sure you have enough insurance coverage is important. The liability risk you encounter while on the water can be huge and it’s vital to be covered. In addition, you’ve spent a lot of money on your boat and you want to ensure it can be repaired or replaced if it is ever damaged or stolen.

What You Need to Know About Buying Boat/Watercraft Insurance

To put it simply, buying a boat or personal watercraft insurance policy isn’t difficult. A member of our team will ask you a few simple questions about your watercraft and help you determine your coverage needs. This includes going over various optional upgrades and determining a set liability amount. Just like buying auto insurance, you’ll select a deductible and pay a portion of your premium to get the policy started.

Why You Should Use an Independent Agency

There are a variety of reasons to use an independent agency for your boat and personal watercraft coverage needs. First, we are not tied to a single carrier, which gives us a greater level of flex in finding the right one for your unique situation. Second, we offer personalized service that you can’t get anywhere else. What’s not to love about that?

Do you need coverage for your boat or personal watercraft? Please contact our team at Hoff’s Insurance Specialists today for a no-obligation rate quote. We are proudly located in Sauk Rapids, MN.