Mauceri-Bynum Insurance can help make the time you spend worry free. Or agency will work to get you comprehensive protection that your friends and family, your watercraft and your boating equipment. You can insure the average boat for about a dollar a day, making this coverage easily affordable for those who need it. You'll be able to get out on the water with the peace of mind that you will be taken care of.
Do you know what you need in a Texas watercraft insurance policy? Mauceri-Bynum Insurance can assist in securing the right coverage for your needs. Just contact us today to get started.
Here are some important options to consider when shopping for Texas boat insurance.
You will want to be covered no matter where you are. Some insurance companies offer coverage which extends up to 75 miles from the U.S. coastline, into Canadian coastal or inland waters, and into the Pacific coastal waters of Mexico. In California, Florida and Oregon, coverage for additional areas can be purchased.
Watercrafts depreciate over time, just like cars do. Actual cash value policies can make it difficult to replace a boat that has been stolen or destroyed, since money will be paid on the current value of your craft. Agreed value coverage allows you to insure your boat for the amount it was worth when bought, getting you much more money if it is a total loss.
Just like car insurance, personal liability coverage gives coverage to other boaters and boat owners in the event you are at-fault for an accident. If you are at fault, this coverage will pay to repair or replace the property of someone else as well as for their medical care, lost wages, and other costs incurred.
Should the need arise, your medical payments coverage will handle of the cost of needed care that is the result of a boating accident. This coverage is available from $500 to $10,000 and covers you, your passengers, and even your water skiers/tubers, regardless of who is at-fault.
If your watercraft, its motor, any permanently attached equipment, and your trailer if it is stolen or damaged, then physical damage coverage pays for the cost to repair or replace it.
Many people on the water opt out of boat insurance, since it is not mandatory. Should you get hit by an uninsured or underinsured boater and you are injured, this type of coverage pays for medical treatment, lost wages, and other costs associated with the event..
If your boat is seriously damaged or sinks, there is a chance that it may leak fuel or oil into the water. As the boat’s owner, you are held responsible by law to have this cleaned up, which can be very pricey.
Most boat trips see the boat storing a large variety of personal effects, including clothing, jewelry, cell phones, scuba/snorkeling and other sporting equipment, and fishing equipment. Limits vary by state, so check with us for what's required in Texas. Personal effects coverage does not include jewelry, watches or furs. You don't want your possessions going over the side without being insured!
This coverage takes care of anything that is used during the operation of a boat, which do not fall into the personal effects category. This includes items like lifesaving equipment, water skis, anchors, oars, fire extinguishers, tarps, etc.
The Emergency Assistance Package provides coverage for towing, labor and delivery of gas, oil or loaned battery if the watercraft is disabled while on the water.
Your boating needs are unique to you – contact us today to have our team help you get great coverage!
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