Watercraft & Boat Insurance - Texas

Boat insurance is essential coverage for boat owners; these watercraft are vulnerable to accidents on the water or in storage, which can lead to high expenses. After a covered incident occurs, boat insurance can help cover accident-related costs and reduce out-of-pocket expenses. Selecting a policy can be challenging, which is why the agents at Remco Insurance are here to help. 

Types of Boat Insurance 

Levels of boat insurance vary among policyholders but often include three primary coverage options: 

• Liability coverage
• Collision coverage
• Comprehensive coverage 

Carrying all three coverage options can significantly reduce out-of-pocket accident expenses. You may be forced to cover high costs out-of-pocket if you don't have adequate boat insurance. Other coverage may also be available (e.g., medical payments coverage and uninsured watercraft coverage). The Remco Insurance agents can help you evaluate your options and learn more about selecting the right policy. 

Does Boat Insurance Cover Theft? 

If you carry comprehensive coverage for your boat, you might be financially protected if your boat is stolen. Liability coverage generally does not cover theft. Comprehensive coverage may also insure you against other perils, such as vandalism and fire damage. 

Is Boat Insurance Required? 

Texas does not require boat owners to carry insurance. However, certain marinas and storage facilities may require proof of financial responsibility. Regardless of requirements, having boat insurance can be a great way to reduce accident-related expenses. Boat accidents may be financially burdensome to recover from without insurance. 

Where Can I Find Boat Insurance Coverage? 

If you are a boat owner near Austin, Texas, the dedicated agents at Remco Insurance can help you learn about potential boat insurance policies so you can select the right coverage for your unique situation. 

Get covered today by calling us at 800-282-2000. 

 

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