Ohio law doesn’t require that you have boat insurance. However, boat insurance can be a good thing. Especially if your boat is larger than the others. There are several options when insuring your boat and they will depend on the type of boat or watercraft you have. A vessel that is less than 16 feet long will be called a personal watercraft. This can include jet skis.
Boats are considered 16 feet to 25 feet. Anything that is over 25 feet will be considered a yacht. Many insurance companies will allow a personal watercraft to be insured under a homeowner’s policy and anything larger will usually require its own coverage. When looking for a policy at Best Choice Insurance, you will need to be aware of a few things. Know the navigational area and where you are covered in the water. Some companies will offer protection that covers up to 75 miles from the U.S. coastline, but other policies can be more restrictive.
Each boat insurance policy can differ slightly, but boat insurance can cover bodily damage caused by the boat, property damage to other boats or docks caused by your ship, and damages caused directly to your vessel. Comprehensive boat insurance can include things such as vandalism, fire, flood, and theft, property damage against any fishing equipment, and towing assistance.
Coverage can vary by the type of watercraft you have and the type of body of water it is used on. Medical payments coverage will help pay for any needed care for injuries that result in a boating accident. This can cover you and your passengers, and it doesn’t matter who is at fault. Unattached equipment coverage helps pay for replacement or repairs to equipment that isn’t attached to the boat but is designed for use on a boat such as life-saving equipment.
Contact Best Choice Insurance to get a quote on boat insurance.