What Southern Oregon Boaters Need to Know About Watercraft Insurance

Reinholdt & O'Harra Insurance offers boat insurance options that can help address many types of incidents, as well as resulting losses and related expenses. Before taking your vessel out on the Rogue River, towing it to the coast or enjoying other waterways in the Ashland, OR area, securing appropriate coverage is key.

Watercraft Coverage Options for Local Boaters

A standard policy may include a range of coverage options, such as:

• Liability coverage can help cover costs if you’re found responsible for injuries or property damage to others while operating your watercraft.
• Physical damage coverage may pay for repairs or replacement if your boat is damaged by a collision, fire, theft or severe weather.
• Uninsured/underinsured boater coverage can apply if you’re in an accident with an at-fault boater who lacks adequate insurance.
• Personal effects and equipment coverage may cover fishing gear, electronics and other personal items kept on board.

Factors That Can Affect Your Policy

Premiums may vary depending on the following factors:

• Vessel details: Costs may be influenced by your watercraft’s type, size and value.
• Storage: Marina, dry dock or trailer storage can affect pricing.
• Use and location: How and where you use your boat may influence coverage needs and rates.
• Experience and claims history: Your boating experience and prior claims may affect your premium.
• Policy details: Coverage options, limits and deductibles can play a key role in determining premiums.

Optional Coverage Add-ons You May Consider

Depending on your policy, you may be able to add the following:

• Boat trailer coverage for losses involving your trailer
• On-water assistance for services such as towing or fuel delivery if your vessel breaks down on the water
• Wreck removal coverage for eligible costs associated with removing a damaged or sunken watercraft
• Fuel spill liability coverage for certain cleanup costs or claims related to an accidental spill

Reinholdt & O'Harra Insurance Is Here to Help

Contact us today to learn more about your boat insurance options and get a free custom quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.