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If you or someone you know owns a boat, there’s a good chance you’ll be out on the water by Memorial Day (May 26). Boat owners will enjoy the water even more if they’re not worried about the safety of themselves, their passengers or their investment.

Here are a few things to consider when purchasing watercraft and boat insurance:

  • If you're in an accident or your watercraft is stolen, it costs money – often a lot of money – to fix or replace it.
  • If you or any passengers are injured in an accident, medical costs can be extremely expensive.
  • If your watercraft is responsible for damage or injury to others, you may be sued for much more than you're worth.
  • Your watercraft also needs protection when it's on land. Accidents can happen while towing a watercraft.
Posted 12:24 PM

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NOTICE: This and all content is developed from sources believed to be providing accurate information. The information in this material is not intended to be used as tax or legal advice. Please consult with a tax and/or legal professional for detailed information regarding your individual situation. Some of this material was developed and shared by Coastline Insurance Associates of NC to provide information that may be of interest. Coastline Insurance Associates of NC is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
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