If you own a boat in Oklahoma, it's important that you invest in boat insurance. Boat insurance is an important financial product that protects you against liability expenses. It also protects the value of your boat or watercraft.
A boat is a valuable possession. That's why protecting its value with insurance coverage is so important. At KT Williams Insurance Group, we provide boat insurance policies that meet state boat owners' needs.
It would help if you did your research when you purchase boat insurance. There are some key factors to evaluate before choosing the insurance policy that's right for your needs.
What should my boat insurance cover?
You need to be aware of all the key coverage types that your boat insurance policy should include. The following are a few different expenses you need your policy to cover.
Boating accident injuries unfortunately sometimes occur. If you're judged responsible for an accident, you can be held liable for medical bills. Boat insurance should cover injury liabilities.
Property damage liabilities
The property of another party could also become damaged if you are involved in a boating accident. That's why a boat insurance policy should also include property damage coverage.
You also want your boat insurance to cover the repairs costs if your boat is involved in an accident. For this type of coverage, you need to have collision coverage put on your policy.
Comprehensive coverage is another type of coverage that protects the value of your boat. With this type of coverage, the costs of damage caused by vandalism, fire, and a few additional types of damage caused will be covered.
At KT Williams Insurance Group, we're here to assist you with your boat insurance needs in Oklahoma. Get in touch with us to find the right insurance coverage option for your watercraft today.