Welcome to Adriana's Insurance

4 Handy Benefits of Buying Boat Insurance

21 Aug
4 Handy Benefits of Buying Boat Insurance

4 Handy Benefits of Buying Boat Insurance

     With social distancing throwing a wet blanket on the usual ways that people have fun, sailing has emerged as a popular alternative for recreation.  That being said, if you spend a lot of time on the open water, it’s wise to confirm that you have the right insurance before taking to the seas. Financial Expert Juan Castillo advises that “Whether you own a bass fishing boat or a yacht, it’s important to find the right boat insurance that will come to the rescue if you experience damage or theft… Make sure you understand what your boat insurance covers before heading out on the water.” Here are a few awesome ways that boat insurance has your back:


1.    Protection from Consequential Damage:

               Some boat insurance policies provide compensation for loss and damages caused by ordinary wear and tear.  For example, if your boat experiences mold, rot or other forms of water damage, insurance can lighten the financial burden that comes with repairs.


2.    Compensation for Towing Costs:

               Towing a boat isn’t exactly the same thing as towing a car.  It involves a lot more logistics and overhead.  This is why investing in a boat insurance policy which covers towing is advisable.  The last thing anyone wants is to pay out-of-pocket for boat-towing.


3.    Compensation for Salvage Costs:

               It’s often the case that whenever a boat sinks, it has to be extracted from the water to prevent pollution.  As you can imagine, this is a process that would cost a fortune.  Boat insurance can spare you the trouble of being stuck with salvage costs in addition to losing a vessel.


4.    Specialized Protection for Equipment:

               Not all boats are created equal.  Some vessels are fitted with very sophisticated technology and equipment.  If your boat has machinery on it which would benefit from targeted insurance, it wouldn’t hurt to look into some specialized coverage options.



               A lot of sailors depend on homeowners’ policies to protect personal property such as boats.  But this is inadequate if you genuinely want to cover all your bases.  In addition to having homeowner’s insurance, it’s best to specifically invest in boat insurance to avoid extreme losses.  Boat insurance is a great way to expand your options and protect yourself from a wide range of accidents.  For more information, visit our website or give us a call at 1-800-639-7654 to find out how Adriana’s Insurance Services can help you sail in safety. We got you covered!