At ANA Insurance Brokerage Inc., we provide insurance coverage to boat owners in Southgate, CA. California boat owners need to know numerous things about boat insurance coverage.
The following are four things boat owners should know about insurance coverage in California.
Insurance policies can include coverage for uninsured/underinsured boaters.
Boat owners can end up in accidents with boaters who are uninsured. In this situation, it helps to have uninsured/underinsured boater coverage. With uninsured/underinsured boater coverage, boat owners don’t have to worry about facing significant financial loss after an accident with an uninsured party.
Many California marinas require coverage.
While boat insurance isn’t required by law in California, boat owners should know that marinas can and frequently do require all boats on their properties to be insured. If you keep your boat in a marina, you’ll probably need to be insured to continue using marina facilities.
Boat owners who are still paying off a boat loan need to have insurance.
Boat insurance is also required by lenders who finance boat purchases. If you’re still making payments on the loan you used to buy your boat, you’ll need to insure your boat.
Boat insurance can cover towing costs.
Boat owners may need towing services if their boat breaks down. Towing costs can be costly. Fortunately, boat insurance policies often cover towing costs, so boat owners don’t have to pay these expenses out of pocket.
Call us at ANA Insurance Brokerage Inc. if you want to learn more about boat insurance in California or get a quote on an insurance policy for your boat in Southgate, CA.
