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101 N Ivy St
Canby, OR 97013

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What Are The Risks Of Not Having Boat Insurance?

If you own a boat, you probably consider it a precious investment. And as with any precious investment, it requires special protection. The best way to protect your boat is to have proper boat insurance. Your boat insurance policy is like a safety net designed to protect you from many risks you may face daily. What are the dangers of not carrying boat insurance? Here is a list of them:

  • Damage to your watercraft. If your boat is damaged and you do not have coverage, you will have to cover all the expenses yourself. 
  • Medical expenses. Without boat insurance, you and your passengers will not be covered for medical costs incurred in an accident. Your health insurance might cover some of them, but extra expenses will remain uncovered. 
  • Liability consequences. If you cause an accident on your boat, you will risk liability for property and personal damage to others and their boat. Even a minor accident can cost you thousands of dollars without insurance. 
  • Theft and vandalism risks. As a boat owner, you probably invested a lot in your watercraft. Therefore, such unfortunate things as vandalism and theft can lead to a substantial loss. Boat insurance provides you with proper coverage in case your boat is stolen or vandalized. 

Oliver Insurance – Reliable And Trustworthy Insurance Company Serving Clients in Canby, OR

Do you live in Canby, OR, or any other nearby town in Oregon? Do you own a watercraft that you want to protect? Do not worry – Oliver Insurance is ready to assist you. Our insurance company specializes in various types of insurance, including boat insurance. You can visit our website or call us if you want to know more.  

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