Watercraft & Boat Insurance in Joplin, MO
Boating is fun, but it can also be risky. Even if boating insurance is not required in Missouri, it’s recommended that you carry a boating insurance policy if you want to financially protect your property.
What Does Boat Insurance Cover?
Boat insurance may cover physical damage caused by accidents or natural calamities, or expenses brought about by third-party bodily harm or property damage claims. While coverage may differ depending on the insurer, a standard policy may offer the following financial protections:
- Comprehensive coverage may cover damage caused by non-collision events like fire, theft, weather events and vandalism.
- Collision coverage may help pay for repair costs if your boat hits a dock, an object or another watercraft.
- Liability coverage may be helpful if you’re deemed liable for third-party bodily injury or property damage:
- Bodily injury liability coverage may pay for medical expenses and other losses if a third party was injured due to a boating accident for which you were responsible.
- Property damage liability coverage may pay for your legal expenses and affected parties’ losses if you’re liable for inflicting damage to someone else’s property.
How Much Does Boat Insurance Cost?
The cost of a boat insurance policy may vary, but insurers may consider the following factors in calculating your premium:
- Your location
- Your boating and navigation history
- Your claims history
- The age, size and type of your boat
- The horsepower of your boat’s engine
How to Get Boat Insurance
Contact Winnett Insurance Agency Inc. today to learn more or request for a personalized quote.