I don’t use my boat often. Do I really need boat insurance in Coppell, Texas?

Some people enjoy going boating so much that they eventually wind up buying their own boat, so they can go out on the water whenever they want. There’s plenty of fun and relaxation to be had, from water skiing to fishing and taking the kids to go out swimming in the middle of a lake. However, despite our best-made plans, it’s easy to become so busy with the demands of work and family that you can find yourself not using your boat all that much.

With that in mind, it seems prudent to wonder: If you don’t use your boat often, do you really need boat insurance in Coppell, Texas?

While you are not required to obtain boat insurance, it’s prudent to make sure that you will be covered for unexpected situations. You spent a great deal of money to purchase your boat as well as for regular maintenance, and it’s prudent to protect your asset regardless of how much you use it.

For example, what if you were planning to take your boat out to go fishing with your friend, only to discover that the outboard trolling motor has been stolen? Alternately, imagine getting involved in an accident and damaging another person’s watercraft, as well as parts of the dock. You must be prepared for such incidents, even if you only take your boat out a few times per year.

It’s possible that your homeowner’s insurance policy might give you some protection for your boat, but coverage is typically limited to small amounts that may be woefully inadequate to pay for the repair of the outboard motor and other damage. What’s more, you may wind up being responsible for damage caused to someone else’s property.

For the sake of your peace of mind, we urge you to contact us to speak with an independent agent as soon as possible. This way, we can provide you with the specific details for your particular boating insurance needs.