Boat and Watercraft Insurance
Get to know your boat and watercraft coverage
Owning a boat isn’t all blue skies and smooth sailing, sometimes the water gets rough. Boating accidents can be pricey. Are you prepared to pay?
Physical Damage Coverage
Helps pay for the cost to repair/replace the boat/watercraft, it’s motor, any permanently attached equipment and the trailer in the event of an accident or damage.
Emergency Assistance Package
Coverage to reimburse you for the cost of on-water towing, labor or emergency services like the delivery of fuel, oil, or battery in the event your boat is disabled while on the water.
Personal Effects Coverage
Covers fishing gear and other personal property that was on the boat/watercraft in the event of an accident or theft.
Why Do You Need Boat and Watercraft Insurance?
Boat Insurance is the ideal solution for protecting not only your boat but your pocketbook too.
Many people make the mistake of believing that their boat is fully covered under their homeowner’s insurance policy, but this may not be true. Did you know that there are often size limits, restrictions on horsepower and damage coverage?
Bancorp’s Boat and Watercraft Insurance Covers:
- Medical Payments
- Guest Passenger Liability
Watercraft Insurance protects you both on land and at sea. If you are involved in a boating accident, our policies will help you pay to repair or replace not only your boat but also its machinery, auxiliary equipment, permanently attached equipment and personal property. In addition to collision, you will be covered for fire, lightning, theft and vandalism.
Additional coverages may also be purchased. Ask your Bancorp Insurance agent about towing options, fishing equipment, uninsured/underinsured boater’s coverage and many more options that may be available to you.