The weather is finally starting to warm up in Texas. So, that means it will soon be time to get the boat back on the lake! One of the very first questions first-time boatowners ask us is, “Do I need boat insurance?” The short answer is yes; you absolutely need boating insurance. Check out this video detailing a few of the reasons you need to be sure you have boat insurance before taking your boat out this summer.
Reasons You Need Boat Insurance
- It is Often Required – Even though Texas does not require boat insurance, most boat owners are still required to have it. If you lease or finance your boat, your financial institution will require your to have boat insurance. It is not uncommon for marinas to require it as well.
- Liability – Like auto insurance, boat insurance will help pay for any bodily injuries or property damage that occurs while boating if you are legally liable. If you do not have boat insurance, you will have to pay what you owe out of pocket.
- Protection for Your Boat – Again, boat insurance policies often include comprehensive and collision coverage similar to an auto policy. These coverages will cover any damage done to your boat by yourself or others. Comprehensive coverage even offers protection from theft.
- Protection for Your Personal Property – Most people do not go out on the lake empty-handed. Luckily, boat insurance will cover all the extra stuff you bring out on the boat with you. From fishing equipment to tubing gear, it needs coverage.
- Coverage for Medical Payments – Boating accidents can lead to very severe injuries. Boat insurance will cover any injuries that occur while on the lake or getting on and off the boat.
For more information on the boat insurance policies we offer, contact Arthur Blake Insurance in Dallas, Texas, today! Our team has been servicing clients in Dallas, Fort Worth, Plano, and Frisco since 2001, so you can rest assured we will find the policy that is right for you. To hear from our previous clients, visit our Google Business Listing for reviews and additional information!