When you own a boat, one of the most important things you can do for your financial protection is to have boat insurance. This insurance can come with many different types of coverage in the policy. Boat insurance is similar to auto insurance and has the same basic coverage types. Some of the most important coverage you can have in these policies is liability coverage. No boater should be without at least this type of coverage. When you need boat insurance, you can call us at Advantage Insurance Network in Cincinnati, OH.

Bodily Injury Liability Coverage

Like on the motorways, the waterways are the scenes of many accidents. Boating accidents are common, and they can be financially devastating for the person who’s at fault. If you’re judged to be responsible for an accident while boating, you would have to pay the other party’s medical bills and other costs. This may include things like lost wages and legal fees. When you don’t have boat insurance, you would have to pay out of pocket for what could be multiple people’s high medical bills. This coverage can save you from severe financial problems after an accident. 

Property Damage Liability 

This type of coverage pays for damage to someone else’s property when you cause an accident. The accident may cause a lot of damage to another boat or watercraft, a dock, or other structures. You’ll need your boat insurance to pay for the damages when this happens. Never go without this coverage because repairing or replacing watercraft can be expensive. 

Get Boating Insurance

If you’re a boat owner and haven’t yet purchased a boat policy, call us at Advantage Insurance Network in Cincinnati, OH, to learn more.