Understanding Your Boat Insurance Policy

If you have a boat or are considering buying one, you should understand your insurance obligations and what is permitted under your coverage.

Owning a boat opens you up to a whole new set of liabilities, particularly property damage to a third party or physical injury to someone else.

Policies also include a number of exclusions that you need to be aware of so that you are not caught in a situation where you may not be covered.

In this article, we look at a number of insurance, risk and liability issues that can arise when you own a boat. Understanding Your Boat Insurance Policy