Boating is fun. You’re out on the water with the fresh breeze and the warm sun, perhaps you’re fishing, or the kids are swimming. The last thing on your mind is the financial implications of what would happen if an accident occurred. Watercraft can capsize, collide with another boat, hit submerged objects, catch on fire, and more. Appropriate insurance can help to financially protect your boat, crew, passengers, property, and your assets should something happen.
If you are one of the lucky Arizona residents to own a boat or you are giving consideration to purchasing a watercraft, make sure it’s properly insured. An inadequate boat insurance policy could be financially devastating if the property is damaged, a person is injured, or someone dies as a result of your negligence. A good watercraft insurance policy can not only insure your boat, but it can also cover your motor, trailer, and equipment as well.
Vanyo Insurance Group has experienced agents who can help you find the right watercraft insurance for your needs. We understand the common risks boaters face in Arizona, and how to evaluate what’s at stake when it comes to your personal financial protection. Once we’ve outlined what coverage would be best for your situation, our relationships with dozens of insurance companies allow us to find the right coverage at a great value.
Arizona Boat Insurance Requirements
Arizona doesn’t currently require insurance coverage for boats or other personal watercraft. However, many boats and other types of watercraft can be expensive to purchase and worthy of coverage.
Regardless of the value of your boat, every boat owner in Arizona is subject to lawsuits resulting from accidents they were a party to that injure or kill someone. It is not unheard of to see damages in excess of 1-million dollars in some cases. So regardless of the value of your boat, having watercraft insurance can help protect your financial well-being.
Beyond comprehensive boat insurance, additional insurance coverage options could be worthwhile or valuable, including:
- Reasonable repairs: This will cover the cost for repairs to protect the boat from further
- Emergency service: This will cover the cost of reasonable expenses accumulated as a result of rendered aid from emergency services.
- Wreck removal: This will cover the costs associated with the attempted or successful raising, removal, or destruction of an insured boat that has become a wreck.
Bundle Policies to Save on Boat Insurance
Do you have more than just a boat to insure? If you are in need of car insurance, home insurance, or insurance for your RV, ATV, UTV or camper, Vanyo Insurance Group can save you money when you bundle several personal policies together. Ask a Vanyo agent about bundling your watercraft insurance with other policies to see how much money you can save!
Contact Vanyo for a Watercraft Insurance Quote
Whether you own a speed boat, fishing boat or jet-ski, Vanyo Insurance Group can help you financially protect your property. A free consultation with one of our agents could help you find the right boat insurance and personal policies to suit your life situation. Contact Vanyo Insurance Group today to begin your no-obligation watercraft insurance quote.