Watercraft & Boat Insurance in Lubbock, TX
Boat insurance is designed to help financially protect watercraft owners from the unexpected, whether it’s a collision on the water, theft at the dock or damage from a storm. This coverage may provide policyholders with a strong safeguard by addressing a wide range of potential boating hazards.
What Does Boat Insurance Cover? 
Boat insurance policies often include several key types of coverage for you, your passengers and your watercraft. These typically include the following:
- Physical damage coverage may pay for the cost of repairs or replacement if your boat is damaged or destroyed due to events like accidents, storms, theft or vandalism, depending on what’s outlined in your policy.
- Liability coverage may help cover legal expenses, medical bills and other related costs if you’re responsible for injuring someone or damaging their property while operating your boat.
- Personal property coverage may provide financial protection for personal belongings on board, such as gear, clothing and other valuables that may be lost or damaged, up to policy limits.
- Medical payments coverage may offer financial support for medical expenses if you’re injured in a boating accident, no matter who was at fault.
- Uninsured/underinsured boater coverage may help compensate you for out-of-pocket costs if you’re involved in an accident with an at-fault boater who lacks sufficient insurance.
Is Boat Insurance Required?
Boat insurance isn’t typically required by law, unlike auto insurance, which is mandatory in most states. However, some states require boat owners to carry liability coverage for their vessels, particularly those with more powerful engines. Even in places where it’s not legally required, insurance may still be necessary if you’re financing your boat or docking it at a marina, since lenders and facility operators often require proof of coverage.
Where to Get Boat Insurance
Contact Alan Henry Insurance Agency today to explore the ideal boat insurance coverage for your needs.