Boat/Watercraft Insurance in Mississippi and Tennessee

When it comes to insurance, most people only think about what they do on land. That might include car, motorcycle, or home insurance. But what if you have more of a river-fairing lifestyle? Well, by that logic, you should also have boat/watercraft insurance. The agents of Storey Insurance in Senatobia, MS are ready to assist you in the boat and watercraft insurance process.

What Exactly Does Boat Insurance Cover

Typical Mississippi and Tennessee insurance options for boat and watercraft insurance covers jet skis, pontoon boats, fishing boats, ski boats, houseboats, canoes, and kayaks. Although getting your watercraft or vessel insured is not a requirement by state law, you should look into investing in it as you never know when you could meet with an unfortunate incident on the water. Registering your watercraft, however, is required every year, so try getting boat insurance when you need to re-up on your watercraft registration.

Physical Damage

This will protect your boat if there is physical damage present. This is an especially good idea if you are in high traffic locations where the risk of bumping into another boat that could damage yours is high.

Watercraft Liability

You never know if your boating activities might cause physical harm to an individual or property damage. In order to steer clear of this, you'll want to get some watercraft liability insurance to avoid paying tremendous out of pocket fees. In the same vein, medical payments coverage can protect you from having to pay outrageous medical bills in case you cause bodily harm to an individual.

Other Forms of Coverage

Depending on how active you are on your boat and your boating lifestyle, you might find it necessary to increase the boat's equipment limit. It would be smart to add replacement coverage to equipment that could get damaged as a result of other boaters, individuals, or inclement weather and natural causes. Fishing gear is a significant priority, and insurance levels depend on how vital your fishing lifestyle is to you.

Getting boat insurance might be a challenge, but the coverage you get in case of an accident is well worth the hassle. If you have any questions about boat or watercraft insurance, feel free to reach out to our Mississippi agents today or visit Storey Insurance at our office in Senatobia, MS.