What type of insurance should I have to protect my boat in case of an accident?

If you own a boat in Washington, it’s important to have the right insurance to protect your vessel in the event of an accident or loss. Boat owners should consider purchasing property and casualty insurance, known as marine insurance, to protect their property. Property and casualty insurance provides coverage for the vessel itself and its contents. This type of insurance helps pay for repairs and replacements if your boat is damaged due to an accident, theft, fire, or other types of loss. It also covers liability, which protects you from paying the costs of any damages or injuries you cause while operating your boat. It’s important to note that liability coverage may only apply when you are operating a boat within the U.S. waters. Depending on your situation, you should also consider purchasing additional insurance policies such as boat towing and salvage insurance, vessel medical payments, and uninsured boater coverage. Towing and salvage coverage helps pay for towing and recovery of your boat if it is damaged or sunk, while medical payments helps cover medical bills for any injuries you or your passengers may suffer in the event of an accident. Uninsured boater coverage pays for the cost of any damage or injury you may cause to others if the other boat’s owner is uninsured. Having the right insurance in place can help you feel secure that you have the coverage you need in case of a boating accident. Make sure to do your research and shop around before purchasing a policy to make sure you’re getting the best coverage for the best price.

What type of insurance should I have to protect my boat in case of an accident?

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