Welcome to Guide 2 Fishing
Oregon Boat Insurance Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
Why You Need Boat Insurance Coverage
from:You need boat insurance coverage for several reasons. Accidents can occur at any time when you own a boat. Having insurance allows you to pay for damages to the boat or to personal property that was on the boat. If you are involved in a collision, you may be responsible for paying for damages to another boat. Insurance can help you cover these costs as well. Medical coverage will protect you, and any passengers you have aboard with you. Boat insurance coverage involves paying a premium, but in case there is an accident, you will be covered.
Another reason you need boat insurance coverage is that many marinas insist you have insurance before using their docks. Because boats are oftentimes very close to one another, the potential for damage is greater. Marinas will not take responsibility for damages that occur while the boat is docked or when you are leaving or entering the marina. Boat insurance coverage is needed to protect everyone. You will have to show proof of insurance when you rent a docking slip. Some marinas sell this type of insurance, but you should read the policy carefully to see what it covers.
The third reason you need to have boat insurance coverage is because of natural disasters including hurricanes, tropical storms, earthquakes, and fire. If you live in a region where these natural disasters occur often, you may be required to buy boat insurance coverage specifically for natural disasters. If this type of insurance is not required, but you want to protect your boat, buying a smaller amount of this coverage is recommended. Boat insurance may cover the cost of a new boat in the event of a natural disaster.
The last reason you need boat insurance is in the case of theft or excessive water damage to your boat. Boats are stolen from marinas and private property all the time. Having boat insurance coverage will allow you to replace the boat or make repairs to the boat if it is found. Excessive water damage includes damage to the external parts of the boat that caused it to sink or take on water. If this happens, you will have to replace internal parts including flooring, upholstery, and mechanical parts as well. These parts can be expensive when you don’t have boat insurance.
As you can see, there are many reasons to purchase boat insurance coverage. There are many policies to choose from and you should choose a policy that covers what you need it to. Protecting yourself from costly repairs allows you to enjoy the time spent on your boat.
Oregon Boat Insurance Specific links
Oregon Boat Insurance News
Patagonia, land at the end of the world - The Oregonian - OregonLive.com
Patagonia, land at the end of the world The Oregonian - OregonLive.com, OR - Although lightly populated, with only about a million people living in an area the size of Oregon, Washington and California combined, Patagonia can handle ... |
FEDS TAKE CONTROL OF TIDEWATER EMBEZZLEMENT CASE - Curry Coastal Pilot
FEDS TAKE CONTROL OF TIDEWATER EMBEZZLEMENT CASE Curry Coastal Pilot, OR - 24, 2008, in the District of Oregon, while the CFO of Tidewater, the defendant devised and carried out a material scheme to defraud and obtain money by ... |
Boating safety class begins Saturday - The Daily Astorian
Boating safety class begins Saturday The Daily Astorian, OR - The boater education card will save money on boat insurance. Boaters can be cited and fined $97 for operating watercraft without the card. ... |
Editorial: Experience, accomplishments give Krieger edge - NRToday.com
Editorial: Experience, accomplishments give Krieger edge NRToday.com, OR - Winston, Lookingglass, Camas Valley and residents on the southwest Oregon coast are fortunate to have two thoughtful, able and hard-working candidates ... |
Support Pajamas Media; Visit Our Advertisers - Pajamas Media
Support Pajamas Media; Visit Our Advertisers Pajamas Media, CA - Millions over the past three decades with degrees flee to tax-free Oregon or Nevada, but millions more come replace them from impoverished and depressed ... |