Nebraska does not require boat owners to carry insurance, but that doesn’t mean it’s not a good idea. If you are still paying on your boat, your lender probably requires you to carry full coverage insurance. That is because your lender understands the risks involved in boat ownership and wants to protect itself in case something happens.

The Midwest is full of great places for boaters, but accidents happen no matter how careful you are. Guardian Insurance can help you figure out which insurance is right for your Omaha, NE boat.

Liability Boat Insurance

Liability boat insurance works basically the same way liability insurance works for automobiles. If you are found to be at fault in an accident, your policy will pay for the damages and medical bills of the injured party. Guest passenger liability protects your own passengers. You can decide how much coverage you need.

Additional Coverages

Comprehensive coverage protects you in the event of bad weather or criminal acts against your property. With on-water towing and roadside assistance, you can ensure that you will not be stranded. Your policy will pay to get your boat to an area where it can be repaired. While boat insurance usually does not cover boat trailers, fishing gear, and personal items, you can add coverage for those.

Learn About Your Policy

Combining policies can save you money. You may also qualify for a discount on your Omaha, NE boat insurance if you take a boating safety or skills class.

Make sure you understand the limits and exclusions. For instance, many insurance policies will not protect you if you are doing something that is considered reckless. If you have any questions or if you want to find out how affordable boat insurance can be, please call Guardian Insurance today.

What exactly does our boat insurance policy cover? What about the damage that happens out of the water? If Midwest storms or an Omaha, NE tornado destroys the storage building, is your boat covered by Guardian Insurance’s boat insurance?

Does boat insurance cover damage that happens in storage?

In most cases, boat insurance policies cover damage while your watercraft is stored safely, such as in a dry dock or storage facility. However, the extent of coverage might vary based on the insurance provider and your policy.

Reading through your policy details to understand what is covered and the possible exclusions is essential. For example, if the damage is caused by a lack of maintenance or some wear and tear, the insurance company may not cover it. Additionally, if the damage occurred because of your negligence, such as using inadequate storage, the insurance company may not pay for the damages.

Damage caused by floods or storms can happen even when your boat is stored securely. Insurance policies may offer comprehensive coverage for such instances, but the coverage amount will depend on your policy limits and deductibles.

Most boat insurance policies require a specific level of coverage for storage, mainly when your boat is stored during off-season months. It’s essential to review your policy annually with your insurance agent to discuss your coverage and ensure you have the correct amount of coverage, as some policies may have limited coverage or even exclude storage coverage.

Reach Out To Us

As a boat owner in Omaha, NE, it’s vital to understand what your boat insurance policy covers. As a leading Midwest insurance agency, Guardian Insurance offers customizable boat insurance policies to protect your valuable watercraft. Contact us to learn more!

Whether you live on the water or are just an occasional sailor, securing boat insurance is a wise choice. But what exactly does boat insurance cover in Omaha, NE? Does it protect your watercraft if something happens while it’s in storage? Guardian Insurance is here to explain the basics of boat insurance in the Midwest and whether or not damage that occurs in storage is covered.

What Is Covered by Boat Insurance?

Boat insurance typically covers most types of accidents and damage that occur as a result of boating. This includes collisions, sinking, storms, fires, theft, and other events. Most policies also offer liability coverage for cases where your boating causes injury or property damage to someone else. 

Does Boat Insurance Cover Damage That Occurs in Storage?

Storage-related damage may be covered under some boat insurance policies depending on the cause of the loss and the specific terms of your policy. It’s important to read through your policy carefully to understand what types of losses are covered and which ones are excluded from coverage. Generally speaking, most policies will cover losses caused by fire, lightning strikes, hail storms, vandalism/theft, and explosion/collapse. 

Boats provide us with hours of fun in the water, but they can also come with risks—especially when left unattended in storage for long periods of time. Fortunately, boat owners in Omaha, NE have access to comprehensive boat insurance plans that can help protect their vessels from accidental damage related to storage in the Midwest.

Get The Right Coverage For Your Needs

To ensure your watercraft is fully protected during times when it is not being used for recreational purposes, speak with an experienced independent agent at Guardian Insurance about the details of your policy today!