Why You Need Boat InsuranceBoat Insurance Quotes

Alabama state law does not require boat owners to carry insurance in order to register their boat. However, insuring your boat is never a bad idea, and, in some cases, necessary.

  • Your bank may require proof of insurance if you use your boat as collateral for a loan.
  • Marinas may require proof of insurance before entering into a slip rental agreement.
  • Owning and operating a boat comes with inherent risks, both on and off the water.
  • Your homeowners insurance provides little or no coverage for your boat.

Mallory-Tate Insurance Services can put together a policy that is best for you, your boat, and your wallet. Coverage options include:

Boat Liability Coverage

Accidents happen. If you are found to be at fault for a boating accident, liability coverage can help. Full Liability Insurance can cover:

  • The cost to replace or repair the third party’s property
  • Medical care, lost wages, and other costs incurred to a third party as a result of the accident
  • Potential loss of personal assets put at risk from a third-party lawsuit.

Other Boat Insurance Coverage

Basic Boat Insurance Coverage primarily helps with the costs of making repairs to your boat that are not associated with standard maintenance and upkeep. Common types of boat coverage includes:

  • Collision: Helps pay for repairs if your boat is damaged in a collision.
  • Comprehensive: Provides compensation for vandalism or theft, as well as damage caused by a non-collision incident such as a fire or storm.

Uninsured Coverage

Uninsured coverage protects you and your property if you are involved in an accident caused by a boater who does not carry liability insurance.

Specialized Coverage

Additional specialized coverage is available, such as:

  • Agreed Value Coverage
  • Medical Payments Coverage
  • Physical Damage Coverage
  • Fuel Spill Liability and Wreckage Removal
  • Personal Effects Coverage
  • Unattached Equipment Coverage
  • Emergency Assistance Package

If you still have concerns about the type and amount of your coverage, a Mallory-Tate agent will review your policy and options with you. We won’t be satisfied until you are satisfied.