Indiana residents love water sports and lakes in the sun that hurt the eyes. While the state doesn’t require boat insurance, it’s still a good idea in case you run across something for which you weren’t prepared. For instance, if your policy doesn’t cover weather hazards, then you’re out of the money to repair your boat from hail damage. Trestle Insurance Agency Inc., serving the greater Evansville, IN community, explains what to look for in boat insurance.

Specific Boat Coverage

Most policies cover collision and comprehensive, which simply means that the vessel is covered in case of collision, fire, theft, vandalism, and weather damages such as tornado damages. You’ll have this coverage if you’re paying on the vessel. That’s the only similarity, however, between home, auto, and boat insurance. 

Specific boat coverage means that if there’s a mishap while towing the boat on its trailer to a body of water, your auto insurance policy will cover said mishap. It has nothing to do with the actual vessel. It also means that your boat won’t be covered on every body of water. If you take it into a country south of the U.S., for example, don’t look for insurance in case of an emergency. The waters of the U.S. and Canada are covered.

You might want to consider extra coverage for towing when a boat is dead on the water. 

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Did you know that if your boat sinks, your boat insurance will handle recovering the wreckage as well as any fuel spilled in the accident?

Go on out and enjoy those sparkling waters as you ski and ride the waves. Trestle Insurance Agency Inc. in Evansville, IN has you covered, so call or come in for more information on boat insurance.