Michigan is known for its natural beauty and many lakes, so it’s prudent to be aware of how boat insurance works.  Boat Insurance is a smart move, not only to protect your boat but also to protect your legal liability in certain boating situations.  We will cover more about boat insurance and what that entails below.  You can get more information about boat insurance by visiting Luft Insurance Agency in Escanaba, MI.

Boat Insurance

Boat Insurance carries many parallels with automobile insurance as there are similar laws that govern the operation of each vessel.  For instance, you cannot operate a boat in Michigan on a lake or over open waters while being impaired.  The same BAC levels that govern the use of automobiles also apply to boaters while operating in the state of Michigan.  Boat Insurance (much like automobile insurance policies) covers accidents under collision insurance and events that could hold liability for the boat operator.  

Liability Events

These events could be under the guise of taking a couple of friends out on your boat and ending up crashing into a buoy or pier and causing injury to your friends.  If the event can cause a lawsuit due to your negligence, then it’s a good idea to have liability insurance in your boat insurance policy.  

Theft & Damages

Boat Insurance also covers theft of your boat and damages caused to your boat, even if it’s stored up for the winter.  Accidents and incidents happen year-round so it’s a good idea to have boat insurance to cover those what-if events that could happen.

Learn More

More information is available by contacting Luft Insurance Agency in Escanaba, MI today!