Category: Boat/Watercraft Insurance

With summer fast approaching, it’s important for Kansas City, MO residents to take the time to ensure they have the information they need to stay safe while boating. Those of us here at the Rich Insurance Agency LLC would like to share with you our top tips for summer boat safety.

Tips to Keep You Safe on the Water This Summer

Keep Safety Equipment Onboard

One of the best things you can do to stay safe on the open water is to ensure that you have the appropriate gear aboard your boat. Equally as important, take a moment to make sure your passengers know what equipment is available and where you keep it. This includes things like life jackets, buoys, and flares.

Drink Responsibly

Just as you would never drink and drive your car, you should never consume alcohol while behind the wheel of your boat. If you plan to drink on the water, be sure that there is a designated person that will remain sober and is able to drive the boat back to the dock at the end of the day.

Make Sure You Have the Right Insurance Coverage

Should an accident occur while on the water, it’s vital that you have a boat insurance policy in place. Similar to car insurance, this will help to repair or replace your boat after an accident and may even help cover other damages and injuries caused by the crash.

Need to Insure Your Boat? Call the Rich Insurance Agency LLC Today!

If you live in the Kansas City, MO area and are looking for the boat insurance policy that’s right for you, our team can help! We can do the leg work for you by comparing plans and pricing so you can get back to enjoying your boat faster. Contact us today to get started!

Are you a boating enthusiast? Do you live in the Kansas City, MO area? If so, Rich Insurance Agency LLC can provide the insurance coverage necessary to keep your boat or watercraft protected.

Why Boat Insurance 

Even though you probably won’t use your boat for the entire year, it is a good idea to keep it insured year-round. While it is in storage, it will be protected against theft, hail damage, or any other covered hazard. When you are ready to get back on the water, you will not need to reactivate your policy.

There are two basic types of boat insurance coverage – actual cash value and agreed value. How the depreciation is handled determines which type of policy is written.

• An agreed value policy will cover the boat based on its value when the policy is written.
• An actual cash value policy costs less initially, but factors in depreciation. The policy will reimburse up to the actual cash value of the boat at the time it is declared a partial or total loss.

Your homeowner’s insurance policy will cover your watercraft, but only on a very limited basis, with lower limits and many liability restrictions. In order to adequately protect your boat, a separate insurance policy is recommended.

There are some things that a boat insurance policy will not cover, such as wear and tear or corrosion, damage caused by mold or animals, such as birds, insects, and rodents, mechanical breakdown, and lack of maintenance.

Give Us A Call

If you are a boat owner and live in Kansas City, MO, make sure your boat or watercraft is properly insured. Rich Insurance Agency LLC can provide a quote or answer any questions you may have. Contact us today. You will be glad you did.