Boating can be one of the most enjoyable, relaxing, and exhilarating past times. Whether it is taking the family out on a cruise or going fishing with friends, boating can be a lot of fun. The last thing that you think about is, “Do I have the proper insurance on my boat?”
Boat insurance, in essence, combines a home and auto policy together. You have the injury liability while socializing and entertaining guest that you do with a home and combines it with the potential collision risk that you have with an auto policy. Just because you combine these two risks together, it doesn’t mean that you should be paying double or even more for the policy. It means that you want to be with the right carrier that understands the risks involved and the right agent that can give you the correct advice.
If you would drive a car or own a home with no or little insurance, then you shouldn’t drive a boat without insurance either.