Boat insurance is an important type of coverage that every boat owner should have. If you have a bank loan to finance your boat, the lender likely requires you to have boat insurance to protect their investment. However, boat insurance is not required in Missouri, and some boaters have not gotten boat coverage for that reason. However, no boater should be without it. If you have a boat that isn’t covered, call us at Luebbering Insurance Agency LLC in Jefferson City, MO to find out more. 

One of Your Possessions

Just as you insure the things in your home and/or the home itself, boats are another one of your possessions to insure. They represent an investment of time and money, and they should be insured like your other vehicles. If you don’t have your boat insured, you run a number of risks. These can include boating accidents that cause injury and property damage. Your boat can crash into another boat or into another object. Weather conditions can change rapidly and cause an accident. Your boat could become grounded. Flooding could cause an accident. When you’re insured, those situations can be paid for by the policy instead of it coming from your own pocket. 

Boating in Missouri

Boat accidents occur regularly in Missouri, and there are even fatalities that occur. More than 150 boat crashes a year happen in the state. Sometimes this is due to intoxication while others happen because of serious water conditions. Passengers fall overboard, and there have been fatalities from this. Most of the boat accidents in the state happen between May and August with most falling on the weekends. If you like to take the boat out on the weekends, these are some of the risks you face. 

Get Your Boat Insurance

If you need boat insurance, call us at Luebbering Insurance Agency LLC in Jefferson City, MO.