Boat/Watercraft Insurance
No matter what type of boat you have, ensuring it is always protected should be your priority. Knowing that your boat is protected enables you to enjoy boating, fishing, or other activities while on the water. We offer boat and watercraft insurance here at Rapid Rates Insurance in Texas.
Boat/Watercraft Insurance Requirements
Legally, boat insurance is not required in Texas. However, if you lease or finance your boat, your lender may require you to obtain insurance. Additionally, you may need to show proof of insurance if you decide to keep your boat docked at a marina.
Boat/Watercraft Insurance Coverage
You can choose from any of the following insurance options to help keep your boat protected:
- Bodily injury coverage- If you are liable for an accident with your boat and another person becomes injured, this will help cover the injured person’s medical bills and loss of income.
- Uninsured/underinsured coverage- This will help you pay for injuries if you or another person on your boat is injured due to an accident with another boater who does not have insurance or enough insurance.
- Property damage- This will help you pay for damages to another individual’s property if you are at fault for an accident caused by your boat. Wreckage removal and pollution liability coverage are also included.
- Collision- This will cover damage to your boat, motor, or other equipment that is permanently attached to it if you are involved in an accident with an object or another boater.
- Comprehensive- This will cover damage to your boat, motor, and other permanently attached equipment if theft, storms, or fire damage your boat.
Quotes
To obtain a quote for boat insurance, please give us a call here at Rapid Rates Insurance. We are located in Texas.
