Boat ownership is a great way to get outside and spend time with others. It is vital that you keep proper boat insurance in place, though. Our team at Emporia Insurance Agency LLC can help Virginia residents find the right policy for their boats or watercraft. Keep reading to learn more.
Although the state of Virginia does not require boat insurance to be in place, it is highly advised that you carry insurance to protect yourself. Boat ownership carries with it a serious risk of liability. The only way to protect yourself is to keep a solid policy in place.
You will be responsible for expenses if you do not have insurance on your boat or watercraft and the vessel is involved in an accident. If only your vessel were involved, you would be responsible for the expense of repair or replacement of the craft. If other vessels were involved, and it is determined that you were at fault in the accident, you could be held liable for the incurred expenses for the other boat owners. In addition, if someone is injured because of your boat or on your boat, you could be held liable for their medical or even legal expenses if they take legal action against you.
Operating a boat or other type of watercraft without sufficient insurance puts you at risk financially and legally.
The amount and type of coverage will depend on the value and other factors. You can sit down with an insurance representative to discuss the details of boat insurance.
If you want to learn more about our services, please get in touch with us at Emporia Insurance Agency LLC, serving the residents of Virginia. We will be happy to answer your questions and find the right policy.
