Martin Farmer’s Agency can help make your time on the lake relaxed and worry-free. We will find you comprehensive boat and watercraft protection that protects you, your family, your friends, as well as your watercraft and your boating equipment. The average boat costs less than a dollar a day to insure so it just makes sense to acquire boat insurance. You’ll enjoy being on the water even more when you aren’t worrying about your safety, the safety of your passengers, or the investment you’ve made in your boat.
Do you know what to look for in Buford, Georgia watercraft insurance? Martin Farmer’s Agency can help you determine the right amount of insurance coverage to meet your individual needs. Just contact us today to get started.
Here are some items you’ll need to consider when shopping for Georgia boat insurance.
- Navigational Area
Know where you are covered in the water. Some insurance firms only offer protection that covers you up to 75 miles from the U.S. coastline, into Canadian coastal or inland waters, and into the Pacific coastal waters of Mexico. In California, Florida and Oregon, coverage for additional areas can be purchased.
- Agreed Value Coverage
Watercrafts depreciate just like automobiles. The actual cash value policy can make it nearly impossible to replace a boat that has been stolen or destroyed. This means that if your boat is a total loss you ‘ll only get the value you insured it for, minus any deductible.
Like auto insurance, personal liability coverage provides coverage to other boaters and other boat owners, in the event you are at-fault for an accident on the water. This coverage will pay to replace or repair someone else’s property, as well as for their medical costs, lost income, and other costs incurred as a result of a boating accident, for which you are at-fault.
- Medical Payments
Medical payments coverage will pay for the cost of medical care that is the result of a boating accident. This coverage is available from $500 to $10,000 and covers you and your passengers, regardless of who is at-fault.
- Physical Damage Coverage
Physical damage coverage pays for the cost to repair or replace your boat or watercraft, its motor, any permanently attached equipment, and your trailer, if it’s damaged or stolen.
- Uninsured/Underinsured Watercraft Bodily Injury
Since boat insurance is not always mandatory, many boaters choose not to get insurance. If you are hit by an uninsured or underinsured boater and you are injured, this type of coverage pays for medical treatment, lost wages, and other costs associated with the accident.
- Fuel Spill Liability and Wreckage Removal
Should your boat sink or be seriously damaged, there is a chance that it could leak oil or fuel into the water. As the boat’s owner, you are required by law to have this cleaned up, which can be time consuming and expensive.
- Personal Effects
Your policy can provide coverage for many personal effects, including jewelry, cell phones, scuba and snorkeling equipment, sporting equipment and fishing equipment. Limits vary by state, so check with us for what’s required in Georgia.
- Unattached Equipment Coverage
This pays to repair or replace equipment that’s not permanently attached to your boat or your personal watercraft, but is designed for use primarily on a boat. This includes lifesaving equipment, water skis, anchors, oars, fire extinguishers, tarps, etc.
- Emergency Assistance
The Emergency Assistance Package provides coverage for towing, labor and delivery of gas, oil or loaned battery if the watercraft is disabled while on the water.
Every need is unique – contact us today to find out how to get the best boat insurance coverage for your needs.