With all the beautiful river and coastal space that the Canby OR area has, Canby, OR also has a lot of people that own boats. Sometimes as a necessity to get to other destinations easily, sometimes as a business, but what we see most is that it is a hobby. Oliver Insurance provides all types of insurance, including homeowner’s insurance. Many times, our customers feel this is adequate to meet their needs, but there are some cases when you may want to look into a boat insurance policy.
What Does Your Homeowner’s Insurance Actually Cover on Your Boat?
Homeowner policies have restrictions regarding what kind of boat is covered. Be prepared for restrictions on size, horsepower, and repair to damages. The chances are good that a simple homeowner’s policy will not cover you if you take your boat somewhere aside from parked in your garage or driveway. Once your boat is in turbulent seas, something is damaged, a guest is hurt, seas get high and you need a tow, you are dealing with something else entirely and will need boat owner’s insurance.
Why Do I Need Boat Insurance in Canby, OR Area?
While Oregon does not require you to have boat owners insurance, they certainly recommend it along with the Coast Guard. Every time that you untie your craft, you are at the hands of Mother Nature and anything could happen at a moment’s notice. Having protection from anything financial that may happen out at sea is a peace of mind that you’ll need.
There are a few things that you will want to go over to see if your carrier’s policy covers.
- What is Your Personal Liability?
- What part of the boat are insured? Are there any regulations regarding horsepower and motors?
- What if your trailer sustains damage?
- Are medical damages recovered?
- Is towing and salvage a part of your insurance plan?
Why You Should Call Oliver Insurance in the Canby OR Area
When we start your boat owner’s policy, our goal will be to keep it affordable. We all know that affordable product and cheap insurance aren’t the same thing. We will carefully go over what your policy covers. Not every policy is one-size-fits-all. Give Oliver Insurance a call if you have any questions!
