Just like cars, boats also need insurance for enhanced protection. Arkansas and Utah are some states that require watercraft insurance for most boats. Even though California does not tempt its residents to cover their watercraft, it is very much needed for theft, damage, and hazard protection. This blog post will help you assess everything about boat insurance California.
What Is Boat Insurance California?
Boat Insurance in California is one of the most important aspects of coverage that people in business need. Even though boat insurance California is not required, it is essentially helpful that boat owners insure their property to deal with unseen risks.
California law has a well-formulated strategy for the insurance of boats. As a matter of fact, it is not just a boat but several types of watercraft that need insurance, such as yachts and sailboats.
Why Do You Need Boat Insurance?
As a boat owner, you may think the insurance isn’t that necessary. After all, if your state does not require boat insurance, why is there a need for it? Boats hardly get into accidents, and that is true. But what about theft, fire hazards, and damage liability? These things need to be taken care of to protect your assets.
Boat insurance covers the repair finances from accidents and pays for medical bills. Besides, it will cover your watercraft if stolen or physically damaged. Remember that an insured boat will be protected anywhere it goes—whether it is land or water.
Eligibility Criteria For Boat/Yacht Insurance California
Every state within the USA has specific insurance criteria for boats. As for California, the criteria keep changing depending on the boat type and whether you need to register it. Any small boat under 5 tons must be registered with the California Department of Motor Vehicles (DMV). That’s not confined only to motor-driven boats. Any sailboat over 8 feet long must also be registered with the DMV.
As per California Law, any personal watercraft can be insured. A personal watercraft is any motor driver vessel less than 13 feet long and operated by an individual standing, sitting, or kneeling on the vessel. It will include all the Jet Skis, Wave Runners, and Sea-Doos. The only exemptions are the small boats, as California law ignores them. These include sailboats less than 8 feet, kayaks, paddle boats and canoes.
What Does A Boat Insurance California Cover?
Boat insurance in California is almost the same as car insurance. First, the insurance covers bodily injury liability and medical expenses of others if they get injured in an accident due to your fault.
Besides, insurance will cover your bills in case of an accident regardless of who’s at fault. Other than medical bills, the insurance will also cover property damage caused by the accident. It involves the repair cost for other docks, vessels, and PWCs.
Conclusion
The state does not require boat insurance in California, but it is a coverage that every boat owner must have. Remember, getting insured isn’t as simple as it seems. You must find a service provider with a valuable package in store for you that covers all your possible needs.
Gleetopia is the top insurance company that provides people with the right insurance policy that targets their specific needs. Call them now and get a quote, especially for your watercraft, without spending extra cash.
Start your quote today and fulfill your business needs within no time.
