If you own a small boat, you are undoubtedly tempted to sidestep insurance. After all, small vessels aren’t worth nearly as much as large boats. 

However, there is also a strong argument to be made to insure boats, regardless of how small they are. Learn more from the professionals at Idaho Select Insurance.

Prepare for the Worst

It is often said that it is best to prepare for the worst and hope for the best. The adage holds true in the context of boating.

Obtain boat insurance for your vessel and you’ll have the reassurance necessary to hit the water with confidence. This way, if your boat is hit by another or if you mistakenly strike an object, you won’t be in the hole for thousands or tens of thousands of dollars.

Consider the Requirements of Financing

Did you know that some boat lenders require that borrowers obtain insurance? The requirement is true for boats of all sizes.

Even if you are financing a small percentage of the boat, you’ll likely be required to obtain insurance. The logic in the requirement is that it provides a financial safety net in the event of a collision or other unfortunate event in or near Meridian, ID.

Accidents Occur on Boats of all Sizes

Even if your boat can accommodate merely one or two people, it should be insured. Boats of all lengths and widths can capsize, leak or collide with other vessels. There’s also the chance of lightning striking your boat.

Obtain insurance today and you’ll hit the water without a worry. If anything bad happens, you’ll pay a reasonable deductible and your insurance coverage will apply to the remaining cost of repair or replacement.

Get a Quote From Idaho Select Insurance

If you live in or near Meridian, ID, give us a call for your insurance quote.