While boat and watercraft insurance is not required in the state of Arizona, the insurance agents at the Insurance Team recommend this type of insurance policy to protect the investment you have made in your boat, jet skis, or any other type of watercraft that you have purchased. Also, if you have borrowed the money from a lender to purchase your boat or watercraft, your lender may very well require you to have certain types of insurance coverage to protect the investment they have made in your boat or watercraft.
Liability boat and watercraft insurance will help you pay for any medical bills or property damage incurred by another person involved in an accident that is your fault. This will also extend to any medical bills or property damage suffered by a passenger on your boat if you have some type of accident.
If your boat or watercraft catches on fire, is vandalized, or is damaged or destroyed by a natural disaster, the comprehensive insurance coverage will help you repair it or replace it. It will also help you replace your boat or watercraft if stolen. On the other hand, collision insurance will cover your boat or watercraft if you collide with some other type of boat or watercraft or a stationary object.
To create a policy that works well for you and your situation regarding boat and watercraft insurance, contact the insurance agents at the Insurance Team. Call to make an appointment or to obtain a quote for boat and watercraft insurance today so you can relax while out on the water.