Boat/Watercraft Insurance in Florida

Having boat and watercraft insurance is being fiscally responsible. It can prevent a sea of financial strain should an incident happen. The state of Florida does not require you to have watercraft insurance on your boats and other watercraft. However, some marinas will require insurance for you to rent a boat slip or use a mooring on their premises. If your boat or watercraft is financed, your lender will require you to have insurance to protect their investment.

Does My Homeowner's Policy Cover my Boat?

Your homeowner's insurance policy does cover a small portion of personal liability and medical payments if you own a boat. But it will not cover anywhere near enough for a boating accident. The medical payments would pay for the other party's injuries, but not your own. This is why getting watercraft insurance is so important to protect your assets and your family.

What Does Watercraft Insurance Cover in Florida?

When you purchase watercraft insurance from JetStream Insurance Group LLC, you can rest assured that your assets and the health of your family are w. The liability portion of your policy covers an accident when you are operating your boat, and you injure a person or damage property. The liability portion pays for the damages that you cause. You can also purchase collision insurance to cover repairs to your boat or to pay it off if it is totaled in a wreck. Uninsured and underinsured motorists will pay for your losses if the other boat driver is at fault, and he has either no insurance or not enough to cover your expenses. You can also add coverage on your boating items and accessories, such as skis, floats, anchors, motors, and fishing equipment that you carry on the boat.

Watercraft insurance will also cover towing and wreckage removal on the water as well as cleanup of oil spills after a collision on the water. It also pays for injuries of someone on your boat, and if you cause an accident, it will pay for the other party's medical expenses, loss of work, and rehabilitation needs.

Our expert agents at JetStream Insurance Group LLC in Doral, FL can help you to obtain all the insurance you need to cover your boat and your expenses in the case of an accident. You can call us or come by the office in Doral, FL to find out more information on watercraft insurance.