Boat & Watercraft Insurance: Florida Boaters Shouldn’t Skip These Coverages 

Living in Florida means enjoying endless days on the water, whether you’re cruising the river or fishing off the coast. Understanding which insurance coverages you need is essential for protecting your investment and peace of mind.

Essential Boat and Watercraft Coverages

Florida’s waterways are busy, and unexpected events can happen. Here are some key coverages local boaters should consider:

Liability Coverage
Liability coverage helps financially protect you if you’re found responsible for injuries or property damage while operating your boat. This is especially important in Florida, where boating accidents can lead to costly claims. Liability insurance may cover legal fees, medical expenses for others, and repairs to damaged property.

Medical Payments
Medical payments coverage can help pay for medical expenses if you or your passengers are injured in a boating accident, regardless of who is at fault. This coverage is valuable for both minor injuries and more serious incidents, providing quick access to care without waiting for fault to be determined.

Uninsured/Underinsured Boater Coverage
Not every boater on Florida’s waters carries insurance. Uninsured boater coverage helps cover you and your passengers if you’re injured by someone who doesn’t have adequate insurance or any insurance. This coverage can be crucial for covering medical costs and other expenses after an accident with an uninsured or underinsured operator.

Temporary Repairs
If your boat is damaged, temporary repairs coverage can help you make immediate fixes to prevent further harm until permanent repairs are completed. This can be especially helpful after storms or accidents, allowing you to safeguard your vessel and avoid additional losses.

Agreed-Value Plans
Unlike standard policies that may pay out based on your boat’s depreciated value, agreed-value plans let you and your insurer agree on your boat’s value upfront. If your boat is totaled or stolen, you may receive the agreed amount, helping you avoid surprises and better plan for replacement.

Contact Us

At Wilcox Family Insurance Company in Fort Myers, FL & Cape Coral, FL, we help boaters find the right watercraft insurance for their needs. Our team explains your options, answers your questions, and ensures you have the coverage that fits your boating lifestyle.

Contact us today for a personalized quote or more information.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.