AICO FINANCIAL

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Boat Insurance

Ensure your watercraft is protected with our specialized boat insurance. We offer comprehensive coverage for your vessel, so you can enjoy peace of mind while on the water.

Boat insurance covers direct and accidental losses to your boat and trailer. This type of policy is designed to address damages and injuries caused to others due to an accident for which you are legally responsible.

Were you aware that the 2020 recreational boating statistics report revealed 5,265 boating accidents, marking a 24.3% increase from the 4,168 incidents reported in 2019?

What does boat or watercraft insurance provide?

Boat insurance offers coverage for a range of damages to your boat, encompassing the hull, sails, equipment, and much more. This includes benefits like new boat replacement, liability for fuel spills, and coverage to pay for damages and injuries resulting from collisions with other boats, individuals, or docks.

In addition, it can also cover:

  • Fire
  • Hurricane
  • Collision
  • Sinking
  • Theft

Why is this type of coverage important?

Similar to insuring our homes or motor vehicles, boat insurance is intended to provide financial protection in case of loss. It also offers personal protection against lawsuits and potential medical expenses if you or your boat cause damage to others.

Frequently Asked Question

If you can’t find the answer to your question, please don’t hesitate to get in touch with us at [email protected]. We’re here to help!

The premium for boat insurance is determined by several factors, including:

  • The size of the boat
  • The model of the boat
  • The coverage options selected
  • The frequency of boat or watercraft usage
  • The location where the boat is stored

Let a Dedicated Financial Expert Secure Your Future. Get a Consultation

Contact us today to learn how our tailored financial and insurance services can protect what matters most to you.

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