Boat/Watercraft Insurance
If you own a boat or other type of watercraft here in Virginia, you may need to take advantage of insurance. Potter Insurance Agency Inc. can provide reliable policies for your boat on and off the water. We live in such a unique state that is filled with vast waterways and great scenery, which also leaves us exposed to many perils such as hurricanes, hail, and wind damage. Making sure that you have the appropriate coverage is necessary to protect your boat and other watercraft.
Watercraft Coverage
It is paramount in the state of Virginia that owners of watercraft and boats have insurance coverage to be able to pay for damages as the result of an accident. Policy limits tend to be very low, so it is not a great idea to depend on homeowners' insurance to cover your watercraft. Having a separate policy will ensure full coverage. You can choose anywhere between $100,000 and $1 million of coverage depending on your needs. However, state law does have a requirement. Any watercraft that is between 16 and 26 inches are classified as standard and must be insured under traditional liability limits. With this in mind, the type of policy you choose should correspond with the size of your watercraft.
Coverage options include:
- Bodily injury payments
- Guest passenger liability
- Damage to another's property
- Medical payments
Extended policy benefits are also available for those that want more coverage. On-water towing and roadside assistance are available as additional options. Whether you own a jet ski, yacht, wave runner, sailboat, or performance boat, you need to make sure you select the proper coverage to stay secured.
Get a Quote
Visit our Potter Insurance Agency Inc. office to obtain a quote and get your watercraft protected today. We will be more than happy to help you out with selecting a policy. There is only one way to protect your boat or other watercraft, and that is by obtaining coverage. Don't make the mistake of waiting until something happens. Contact our Virginia team to get started.