Watercraft & Boat Insurance in Boynton Beach and Stuart, Florida
Owning a boat can be an exciting endeavor, but it is still an expensive investment. Therefore, it’s essential to have proper protections in place to safeguard your purchase financially. A robust insurance policy is one way to financially protect yourself and your boat. Understanding the importance of boat insurance ensures that boaters can confidently enjoy their time on the water while knowing they are financially protected in unpredictable marine environments.
What Does Boat Insurance Cover?
Boat policies typically includes the following types of coverage: 
- Physical damage coverage can assist in offsetting expenses incurred when your boat undergoes damage or is rendered unusable due to accidents, storms, theft, vandalism or other perils specified in the policy.
- Liability coverage can provide financial protection if you are found responsible for causing injury to other people or damage to their property while operating your boat. It may cover your legal fees, third-party medical expenses, and other related costs.
- Medical payments coverage can cover health care expenses for you and your passengers if injured in a boating accident, regardless of who is at fault.
- Uninsured/underinsured boater coverage can help financially protect you if you are involved in an accident with another boater without insurance or inadequate coverage.
- Personal property coverage can assist with losses involving personal items on the boat, such as equipment, clothing and other belongings.
How Much Is Boat Insurance in Florida?
The cost of boat coverage in Florida, as with any other location, can vary depending on several factors, including the following:
- Type, size and value of the boat
- Age and condition of the boat
- How you use the boat
- Geographic location
- Coverage limits and deductibles
- Boating experience and history
- Insurance provider
Typically, insurance premiums in Florida can vary from a few hundred dollars to over a thousand dollars annually. For a tailored quote reflecting your circumstances, contact Wiglesworth-Rindom Insurance Agency directly.