14 Jun, 2023
IS MY BOAT COVERED BY HOMEOWNERS INSURANCE? The answer to this question is mostly based on the specifics of your claim, but typically, coverage on your watercraft (extending from your homeowners policy) is limited at best! While Boat Insurance is not required in New York in order to register a boat with the DMV, it is certainly a good idea to have insurance in place for your personal watercraft to ensure that it is fully protected! Just like your home, your boat can be damaged, stolen, or destroyed, and having insurance is important. Equally important for every boat owner is considering the potential liability your vessel may present, including damage to others or their property. This should be a key factor when selecting the appropriate coverage for your Boat Insurance policy. Having a reliable backup plan is crucial in the event of considerable damage or liability involving others, while safeguarding the fruits of your hard work and accomplishments.