If boating is one of your pastimes, it’s crucial to consider boat insurance. However, you might be unsure about what boat insurance covers precisely. We provide boat insurance coverage at the Atrium Insurance Group in Centennial, CO.

Property Coverage

Property coverage is essentially an investment protection for your boat. Should your boat sustain damage or total loss, this coverage will foot the bill to repair or replace it. If you have a lien on your boat, you will likely be required to have this coverage. However, even boat owners without a loan should consider it, especially if they can’t afford a replacement.

Liability Coverage

Liability coverage isn’t mandated by law in Colorado. That being said, if you intend to use a marina, they may require you to have liability coverage. It’s a sound move because liability coverage will account for the damages if your boat causes damage to somebody else’s boat or property.

Medical Payments Coverage

Should you or a passenger be injured in a boating accident, medical payment coverage will cover the expenses.

Uninsured Watercraft Coverage

We highly recommend uninsured watercraft coverage as well. If someone else is responsible for an accident that damages your boat and they do not have liability insurance to cover the cost, uninsured watercraft coverage will cover the cost of repairing or replacing your boat.

Clean Up Coverage

Certain policies will also cover the costs associated with cleaning up a fuel spill or salvaging your boat from the water. These costs can quickly escalate if your boat is totaled.

Coverage for Equipment and Accessories

You can choose optional coverage, including items like your boat trailer and fishing equipment. That way, you’re fully protected in the event of an accident or malfunction.

Boat Insurance Coverage at Atrium Insurance Group

Contact us at the Atrium Insurance Group if you need boat insurance in Centennial, CO. Our adept agents will discuss your needs and guide you in selecting the most suitable policy for your situation.