On The Seventh Day Of Insurance Christmas I Learned All About Watercraft Insurance

“On the seventh day of Christmas my true love gave to me seven swans a swimming, six geese a laying, five gold rings, four collie birds, three French hens, two turtle doves, and a partridge in a pear tree.”

After a rough couple of days I decided to get away from it all with a trip to the lake. I know its December and cold, but I can still relax and see if any fish happen to be biting. I loaded up the boat and headed to the lake ready to enjoy my free time. It was a great day my true love gave me seven swans while out on the lake and we let them swim and enjoy the view right along with us.

Anyone who has ever been on the lake knows just how fun and relaxing it can be, just make sure that you are properly covered. If your boat is anything larger than a row boat you should consider watercraft coverage. Watercraft coverage is simple to purchase and is relatively inexpensive.

Here are some things to consider when buying insurance for your boat. Make sure that you choose to have fuel spill liability and wreckage removal coverage. I know that this is not something that anyone wants to have happen at the lake but in the event of an accident, and if your boat sinks in that accident, you will be responsible for the removal of the boat from the bottom of the lake. It is not OK to just leave it there. You will be fined if you try it. Furthermore, you are responsible for all of the fuel and oil that have now contaminated the lake. Cleanup can be expensive, especially if the lake is very deep, and that is why you want to make sure that your insurance will cover the cost.

Today I won’t be doing any waterskiing, but water sports liability coverage is something that I always make sure is included on my policy.

Another valuable coverage that can really set your mind at ease is on-water towing. Breaking down on the water is not like breaking down on the side of the road. Being stuck out is the middle of the lake is not a whole lot of fun. It’s nice to know that you have coverage for the expensive of being towed back to the marina. Maybe that fun day at the lake didn’t quite turn out like you’d like it to have, but it sure could have been a lot worse.

Call your insurance agent if you have any questions.

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Houston Personal Watercraft Insurance Information

Houston personal watercraft (also called jet ski) insurance is available with several options. The least expensive option is liability only coverage. This is similar to an auto liability policy with coverage in Texas starting at around 20/40/15. That would cover injury to another person up to $20,000, or up to $40,000 for multiple persons injured in the same accident. Property damage usually starts at $15,000.

This type of basic coverage could be around $10 per month depending on rating factors like age, driving record, and other factors. You can increase the limits at additional cost. This is advisable because if there is an accident the damages could be much higher than the minimum coverage.

Jet ski’s are a lot of fun and in the excitement of a new purchase some customers don’t think about insurance. This is a mistake because there is a serious liability hazard involved with these crafts. For example if a swimmer is run over by a personal watercraft you own, you will probably be liable for injurys. Think about how you will feel if there is a serious accident if you don’t have insurance!

For additional cost you can insure your personal watercraft for collision, theft, sinking, and other covered hazards. The extra cost will depend on the Jet Ski’s value, the deductible you select, your driving record, and other factors. This coverage will often be around $15 extra per month. This is very good coverage to have and I recommend it unless your watercraft has a very small value. Consider adding your trailer if applicable. Most policies will allow you to add coverage for accessories with a small up-charge.

Other options could include medical payments coverage, uninsured watercraft, towing and assistance, wreck removal, and pollution liability coverage.

Lamb Insurance Agency, (Farmers Insurance) Auto, Ho

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