Michigan is known for its lakes and summertime is the perfect time for boating. Whether you’ve had a boat for years or just bought a boat you will need insurance and we can help.
Why do you need boat insurance?
Though having boat insurance is not required in Michigan, we strongly recommend it to protect not only your boat, trailer, motor, etc. from damage from a collision but also consider your liability risks. Many people think that their home or auto insurance may include coverage for their boat, but unfortunately in most cases it does not especially if it is not specifically listed.
Boats are a unique possession. Some boats can be added to your homeowners policy based on the length and horsepower for others the best coverage may require a separate policy. Did you know that some companies offer a discount when you have more than one policy? You may save by combining your boat, home and auto policies with the same company.
What exactly does boat insurance cover?
- Collision Damage: this includes the repair or replacement of your boat, but may not include wreckage.
- Property Damage Liability: Covers damage you might cause to someone else’s boat, dock, or other property.
- Bodily Injury Liability: Coverage may include medical bills, lost income and legal expenses.
- Comprehensive Coverage: Compensation if your boat is vandalized, stolen, or damaged in any other way.
Some policies allow you to add coverage against theft, vandalism, fire, flood, property coverage for fishing gear, and even roadside assistance.
Is my boat covered everywhere?
Being in Michigan, we have many advantages when it comes to boating. We are never too far away from a beautiful lake to visit on a perfect summer day. Since some of our Great Lakes border Canada, this leads to many questions about coverage when in international waters. Contact Doyle & Ogden Insurance and find out if you are covered.
Still confused? No problem, Doyle & Ogden provides you with an experienced agent to explain the differences in policies offered, so you can make the coverage decision that’s right for you.
Get a free insurance quote online or call us at 616-949-9000 and ask for our boat experts.
