As a boat owner in Lees Summit, MO, it’s important to invest in boat insurance coverage to avoid some costly problems. We sell boat insurance to Missouri boat owners at Epic Insurance.
Below are three examples of problems you can avoid if you invest in quality boat insurance coverage in Missouri.
Losing your boat in an accident
If you carry a boat insurance policy with comprehensive and collision coverage, you will be compensated if your boat becomes damaged in an accident. You can even have your entire boat replaced if you carry replacement cost coverage.
If you don’t have any boat insurance, you will have to pay to repair your boat or replace it if it is destroyed.
Going into debt over liability costs if you’re responsible for an accident
Perhaps one of the biggest reasons why you need boat insurance is to protect yourself against liability damages. If you are found responsible in an accident where others are injured or experience property damage, you will be expected to cover the resulting costs.
Liability costs in such a situation could total hundreds of thousands of dollars or more. You could easily go into debt or be destroyed financially if you don’t carry liability coverage and you find yourself in this position.
Having to pay to remove your boat from public waters
Another costly scenario is having your boat break down out on the water. You could be held responsible for removing your boat from public waters.
Salvaging a broken down or destroyed a boat and removing it from the water can be very expensive. Fortunately, you can include coverage for salvage and wreck removal on your boat insurance policy.
Are you interested in learning about our boat insurance policies at Epic Insurance? Give us a call or visit our website to learn more about the insurance products we offer.