One of the most popular things to do in Bend Oregon is to go boating, and as you drive up and down Highway 97, or other roads in the area, it’s not hard to miss seeing people towing their boats to one of the wide variety of lakes that Central Oregon has to offer, but the question is are these boats insured?
Why Insure A Boat?
One of the common misconceptions that many people make is that their boat is covered by their auto insurance, or homeowners insurance policies, when in reality, their boats are not, because, those insurance policy’s typically do not cover liability, damage or theft of the boat or watercraft, and that’s why it’s important to have a separate insurance policy that guarantees the boat will be insured and protected when it’s in use.
Boat Insurance Specifics
Every person who obtains insurance for their boat should make sure that they get the most insurance protection possible when it comes to insuring their boat; a typical boat insurance policy should include the following:
Coverage for physical damage – This form of insurance protection will cover any life jackets on the boat, anchor and systems that are used for navigation of the boat.
How Much Does Boat Insurance Cost?
People who live in the area know that boating is one of the most exciting things to do in Bend Oregon on any given day but if boating insurance is expensive, will the average boat owner want to use their boat more often? The answer is no; thankfully, boat insurance is not expensive, it costs an average of $24 per month and most insurance companies also offer boat insurance that includes options like towing, just in case a boat becomes stranded.
To get a free boat insurance quote, contact our insurance team at the Tye Farnsworth Insurance Agency today at (541) 318-8835 or click here for a free, online quote.