Small Craft Insurance
When You Need Insurance For Your Inflatable
One type of small craft insurance that many people do not know exists is the Rigid Inflatable Boat insurance. This type of inflatable insurance is designed specifically to protect watercraft that are created out of a rigid framework and a thick inflatable type of skin. The main reason that rigid inflatable watercrafts are growing so popular today is that they are very lightweight. They can also be fairly low in price as compared to other types of small watercraft. Many people use inflatable watercrafts for fishing, water spots, or simply cruising around enjoying the great outdoors. There is no doubt that a rigid inflatable watercraft is a fun toy -- but it's also a valuable toy that needs to have insurance, just like any vehicle would.
A Rigid Inflatable Boat insurance policy should include several important things. First, the boat owner needs to have liability coverage. This type of coverage protects the boat owner in the event that they cause some kind of accident or damage to others while on the water. Liability coverage will protect both the boat owner and any authorized boat navigators when they are liable for damages. Keep in mind, however, that this protection is designed to prevent money loss from legal actions brought by others. It won't cover personal damages to your own watercraft, so be sure to ask the agent about additional types of protection like collision protection and theft coverage.
Some policies also offer transit coverage for the times when the watercraft is damaged while on the road to the water. Underwater coverage can be a good way to protect the parts of the boat that are completely submerged, the hull and the engine. A policy that covers the boat against natural disaster damage can also be very useful since many inflatable boats are kept in storage sheds or outdoor areas where they may be vulnerable if weather disaster happens to strike.
Ultimately, a well rounded policy for an inflatable watercraft will include both coverage for others on the water (the liability insurance) and insurance for the boat owner themselves (options like theft insurance.) Call an agent to get started on this insurance coverage today.