Does My Home Insurance Policy Cover My Boat?
The sun is shining and the weather is warming up; summer is almost here! It is usually around this time that boat owners start taking their summer toys out of storage and preparing them for the water. If you are the proud owner of a boat, it is in your best interest to reach out to your Massachusetts insurance agency. Many boat owners make the mistake in thinking that their home insurance policy will cover their watercraft. Does it?
The answer: No, but it CAN cover your boat if you so wish. A typical home insurance policy will cover the physical structure of your home, replacement costs, personal possessions, liability and additional living expenses. While this typical policy will not cover your boat, you can opt for specialty coverage. Watercraft insurance is the policy for you. It can provide you with coverage against many different types of loss, such as: medical payments coverage, physical damage coverage and liability coverage.
If you are looking to cover your boat this season, look no further. Our Massachusetts insurance agency would be more than happy to discuss watercraft insurance with you. Reach out to our agency today for a free quote!
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