Should You Get Boat Insurance For A Jet Ski?

Jet skis are not typically required to have insurance in Austin, TX. However, some marinas may require liability insurance. Even if it’s not mandatory, considering boat insurance is a smart decision. These policies offer several benefits that can protect you and your watercraft.

Damages While Parked

Homeowner’s insurance policies often provide limited coverage for items on your property, especially if those items are eligible for separate insurance policies, such as cars, boats, and other watercraft. This means your homeowner’s policy may not offer sufficient coverage for damages or theft involving your jet ski. Boat insurance can fill this gap and provide the protection you need.

Liability Protection

Many jet ski owners opt for liability protection, which covers property damage and medical expenses if you’re responsible for an accident. Without liability coverage, you would need to pay out of pocket for damages or face potential lawsuits. Not having coverage puts all your assets at risk.

Additional Coverage

Boat insurance can also include additional coverage for theft, damage caused by natural disasters, and wreckage cleanup after an accident. Many policies offer optional add-ons, such as fuel delivery services, to ensure you don’t get stranded on the water.

Medical payments coverage is another valuable option, as it can cover your medical bills or those of a passenger injured in an accident, even if the accident is your fault. Without this coverage, passengers may sue you for medical expenses or lost wages.

Coverage options vary among insurance providers. An agent at Southwest Insurance Center can help you explore your options and find the right policy for your needs.

Financial Security

Obtaining boat insurance ensures you won’t have to sell your assets to cover property damage or medical costs. Instead, you can simply file a claim and let your insurance handle the expenses.

At Southwest Insurance Center, we understand the importance of having proper coverage. Our agents are here to help you find a policy that meets your needs. Contact us today to get started. We proudly serve the Austin, TX, area.