What happens if I don’t have boat insurance?

For people in the Federal Way, WA area, nothing is quite as nice as spending an afternoon on their very own boat. When you own a boat, you can have many great experiences, but also need to make sure that you are properly protecting your asset. One of the best ways to do this today is through a boat insurance policy. If you do not have boat insurance, a number of different things could occur. 

No Coverage for Losses

One of the biggest issues with not having boat insurance is that you will not receive any coverage for losses that you incur. When you have a boat insurance policy, you will receive coverage for a variety of losses including theft, boat accident damage, weather damage, or even vandalism. Since replacing or repairing a boat can be very expensive, having this type of coverage in place could prove to be quite advantageous. 

Lack of Liability Protection

An added benefit of having boat insurance is that you will receive liability protection. While boating is a generally safe activity, mistakes and accidents do happen from time to time. If you are at fault during one of these accidents, you could be held liable. Since the costs of a liability lawsuit and judgment can be significant, it is important that you have boat insurance in place to protect you from liability. 

If you have a boat in the Federal Way, WA area, it is very important that you keep it properly covered by insurance. When you are shopping for a new boat insurance policy, you should contact the team at Hart Insurance. The professionals at Hart Insurance are aware of the importance of carrying boat insurance and can ensure that you have the right coverage for your situation.