If you own a boat or have just purchased, it’s only wise to protect it whether you are actively using it or not. At Texarkana Insurance Agency in Arkansas, we are a reputable independent insurance agency. With our experience, we know and understand the needs of the locals. We process claims and policies efficiently and in time for our clients. We offer Boat/Watercraft Insurance. Insurance varies for different types of watercraft. The following are some of the coverages included in our Boat/Watercraft Insurance.
It pays for damage caused by a collision to your boat. It can be the cost of repair or replacement. Clean-up of wreckage is not included unless you make sure it is.
Bodily injury and property damage liability
If you damage someone else's dock, boat or any other property, this coverage pays for the damage. If you cause injury to someone, it pays for medical expenses and lost income. It will also pay for the cost of defending yourself if you're sued.
Comprehensive coverage pays for the cost of repairing or replacing your boat if it’s damaged in an incident other than collision.
Emergency boat services
Your boat can mechanically fail while in water. This can lead you to call for towing services to get your boat to the land. You can include this coverage in your boat/watercraft insurance to make sure you are reimbursed for expenses.
Boat/watercraft Insurance is important as there is a minimum insurance requirement in every state. If you buy your boat through a loan, the creditor will require you to have boat insurance. When purchasing Boat/Watercraft Insurance, it's important to understand all the terms. If you own a boat around Arkansas, we at Texarkana Insurance Agency are ready to help you protect your investment. Our agents make sure that each of our clients understands their policy. Call or visit us to get a boat/watercraft insurance tailored to meet your needs.