All About Boat Insurance

Boatowners insurance works much like auto and homeowners insurance. Policies provide basic coverages that you can customize to meet your specific needs.

Here are some of the coverages you should look for in a boatowners policy:

• Liability to others
• Medical payments
• Damage to your craft and related equipment
• Medical expenses for guests as towed water-skiers

Here are some of the hazards boatowners insurance can cover.

• Damage in hauling or launching
• Loss of motor overboard
• Fire, lightning, explosion
• Sinking and stranding
• Underwater damage
• Theft