While boat insurance in Grand Prairie, TX is not required, it does offer you the peace of mind of knowing that your water craft is protected from accidental damage, natural disasters, and other problems. At Strack Insurance Services, we offer many different levels of Grand Prairie, TX boat insurance.
Why you should have boat insurance
There’s a commonly held belief that your boat is covered under a homeowner’s policy. However, most homeowner’s policies only provide protection for very small, relatively inexpensive boats. Texas homeowner’s insurance plans usually do not offer adequate coverage for speedboats, power boats, sail boats, yachts, or other motorized boats. Without a separate boat insurance plan that provides coverage for your asset, you would be unprotected and would not receive a payout in the event of marine craft damage.
What does boat insurance cover?
Usually, boat insurance plans only protect your boat while it is in the water. Since most plans do not cover a boat that is out of the water, you may be able to freeze your plan when your boat is ashore. Insurance generally covers any damage to the boat, such as weather-related damage, accidental property damage, and boat damage caused by grounding or collision. Our Strack Insurance Services agents can provide you with more detailed information on what our boat insurance policies cover, so that you can best determine the level of coverage you need. Just as with auto insurance, boat insurance costs vary by the size of your boat, condition and age of your boat. In some cases, you can bundle boat insurance with other plans to save.
Our Strack Insurance Services agents will be happy to discuss boat insurance and provide you with a quote to meet your needs. Call today to learn more.