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These risks may include:
·
Sinking
·
Fire
·
Storms
·
Theft
·
Capsizing
·
Stranding
·
Collision
·
Explosion
The property covered includes equipment permanently
attached to the boat as well as:
-
Anchors
-
Oars
-
Electric trolling motors
-
Extra fuel tanks
-
Tools
-
Detachable canopies
-
Seat cushions
-
Life preservers
-
Skis and their tow ropes
-
Dinghies
It can also protect you
against liability lawsuits, should you injure
someone with your boat or damage their property.
Liability coverage includes:
Watercraft liability coverage provides protection for legal liability because of an
accident resulting from the ownership, maintenance,
or use of your watercraft, including bodily injury,
property damage and legal defense.
Watercraft medical payments coverage pays medical expenses up to the limits in the policy
for you, your resident relatives and other occupants
of the boat injured by an accident arising out of
the ownership, maintenance, or use of the
watercraft.
Additional coverage’s include those for:
Newly acquired watercraft covers your newly acquired watercraft for damage caused by an
insured loss.
Reasonable repairs covers repairs incurred to protect covered property from further
damage.
Emergency service pays up to $500 for reasonable costs that you incur resulting
from specified emergency service to your boat, motor
or boat trailer
Wreck removal
pays the reasonable expenses you incur for any
attempted or actual raising, removal or destruction
of the wreck of your watercraft when damage is
caused by an insured loss and removal or destruction
is required by law. |
