You know what they say, that the best two days of being a boat owner are, “the day you buy it” and “the day you sell it.” Despite the old saying, owning a boat can be a blast. Around here in the summer, it is one of the best ways to escape from the stress of everyday life. Whether you enjoy time on your boat with friends and family, or alone on the peaceful water, it’s a great way to enjoy the warm months in the Ocean State or the Bay State.
Massachusetts and Rhode Island Boat Insurance
Owning a boat requires a very high level of responsibility. As you know, operating a boat or other watercraft brings a substantial risk of injury or property damage. One of the things you’re responsible for is getting the right insurance for your boat or yacht.
A common mistake when people need protection for their watercraft and related liability, is to include some limited coverage on their homeowners policy. But at Lapointe Insurance we want our clients to have a comprehensive solution that provides the coverage they need. The smarter way to insure a boat is through a separate policy. Many types of boats don’t qualify for coverage under a standard homeowners policy, and the coverage isn’t as broad as what is offered by a boat owners policy.
Coverages can vary between carriers, but a good boat owners policy will protect you in the following ways:
- Property coverage for your boat, outboard motors, equipment, and trailers to replace or repair them when damaged.
- Liability coverage to pay for costs associated with lawsuits that may arise from an accident.
- Uninsured Boater Coverage to protect you if you are involved in an accident with a boat operator who has no insurance or other means to pay for a claim.
Deductibles can be adjusted on these policies, and we always encourage boat owners to purchase limits that will provide enough funds to pay for the injuries and loss of earnings that victims may sustain.
At Lapointe Insurance, we want our clients boating in Massachusetts and Rhode Island to enjoy their time on the water without worrying about it. Our team specializes in writing MA and RI boat insurance policies so you can be sure we’ll get you the right coverage for the best price possible.
We know that not all boaters are the same. Sailors, fishermen, power boaters all have different risks that we will take into account so we can create a policy tailored to your needs. We’ll quote several carriers to get you the best rate with the coverage you need.
If this is your first time owning a boat, or you’re a seasoned captain, it’s always a good time to review your policies. We are here to help you. Either fill out a form online, or call or stop by one of our convenient locations in North Attleboro, Fall River or Westport MA to get the right boat insurance policy.