Boat/Watercraft Insurance in Alabama

When you have a boat in Alabama, Boat insurance can help protect you and your boat when the unthinkable happens. Want to learn more about boat insurance? Please keep scrolling as Baldo-Downs Insurance LLC in Tuscaloosa, AL sheds more light on Boat insurance.

Is boat insurance mandatory in Alabama?

It is not required to carry Boat insurance in Alabama. However, when you are at fault for an accident, you are liable for the injuries and property damage you cause. Plus, if a financial institution finances your boat, they will require you to buy boat insurance to protect your assets from perils like fire, accidents, hail, falling objects, and theft.

Boat insurance coverages

Needs differ from one boater to another. Fortunately, we are here to help guide you and help you choose options that suit your unique needs. Here are some boat insurance coverages to learn more about:

  • Liability coverage: When you are at fault for an accident, liability claims can be significant. If you don’t have boat insurance, you can quickly find yourself in a financial mess. Liability coverage protects you from lawsuits and helps pay for injuries and damages you may cause.
  • Collision coverage: Pays for damages to your boat resulting from an accident with another boat or stationary object.
  • Comprehensive coverage: Covers physical damage to your boat when non-collision perils like theft, fire, vandalism, and natural disasters strike.
  • Medical payments coverage: Covers medical bills for you and your passengers after a boating accident.
  • Uninsured/underinsured boater coverage: Because watercraft insurance isn’t mandatory in Alabama, there is a likelihood that many boaters don’t carry boat insurance. This coverage protects you in hit-and-run scenarios and when you collide with a boater carrying little or no insurance.

Are you looking for an affordable boat insurance policy in Tuscaloosa, AL? Please get in touch with Baldo-Downs Insurance LLC for a competitive quote.