Category: Boat/Watercraft Insurance

If you like enjoying your boat in the water, you might wonder whether you need boat insurance. After all, it isn’t a legal requirement in Missouri unless your boat is financed by a lending institution. Like car insurance, boat insurance is a must-have investment if you want to protect your prized asset in Webster Groves, MO. While boat insurance doesn’t come free, it’s often worth the price you pay.

Hereis why investing in boat insurance from Travers Insurance is a good idea. 

Is Boat Insurance a Worthwhile Investment?

Protects your boat

Depending on the size of your boat, it can cost thousands of dollars. You can’t take chances with something expensive like your boat. Purchase boat insurance to ensure you are compensated if your boat is damaged or stolen. While boat insurance doesn’t prevent perils, it lessens your financial burden when perils strike.

Covers you against liability claims

While boating in the water is supposed to be fun, mishaps can happen while in the water. You may be at fault for an accident, which may cause bodily injury and property damage to others. Since these liability claims can be expensive, especially when sued, invest in boat insurance to cover such risks.

Provides medical assistance

While boat accidents are rare, they may result in injuries when they happen. Boat insurance covers medical costs for your and other occupants when involved in a boating accident.

It gives you peace of mind

If you want to have the best time on the water, investing in boat insurance is never a bad idea. Boat insurance calms your nerves, knowing that you, your passengers, and your vessel are covered when bad things happen.

Protect your boat today with watercraft insurance

Convinced that boat insurance is worth every dime? Please don’t hesitate to get in touch with Travers Insurance in Webster Groves, MO for all your boat insurance needs.

 

Whether you use your boat to sail, cruise, or fish in Webster Groves, MO, and its environs, you need to understand the ins and outs of boat insurance. Watercraft insurance saves the day when the unthinkable happens. Unfortunately, many boaters choose to ignore boat insurance because it’s not mandatory. However, this trend can turn into a nightmare when disaster strikes. If you are contemplating whether to purchase boat insurance from Travers Insurance Webster, here are the benefits to expect. 

Investment protection

How much does your boat cost? It’s probably thousands of dollars. That said, you need a proper boat insurance plan to protect your investment. Boat insurance pays for damages up to your policy limit when a covered peril occurs. Boat insurance saves you the headache of financing repairs and even replacing your boat after a catastrophe. 

It’s probably required

Whereas watercraft insurance isn’t mandatory in Missouri, your lender may insist you carry boat insurance to protect their financial interest. Given that lenders are in investment, it makes sense to protect the boat they have financed to avoid running into losses.

Liability coverage

While no one desires accidents, they can still happen. When accidents occur, you can be liable for bodily injury and property damages for losses you cause to others. Thankfully, with liability coverage, you don’t have to incur out-of-pocket expenses to cover third-party losses.

Provides more coverage than home insurance

Many boaters often take comfort that their boats are covered by home insurance. Although it’s true home insurance covers your boat, the problem is that it provides limited coverage. Typically, your home insurance will cover your boat up to $1,500. This amount can only be sufficient for small boats. 

Buy boat insurance today!

Having seen the importance of boat insurance, it’s time to buy coverage from Travers Insurance Webster. Contact us today for an affordable quote, or visit our Webster Groves, MO offices to talk to one of our agents.