Covers you for the cost of damages and injuries caused to another person when you’re at fault.
Both cover damage to your boat but from different causes. Comprehensive covers things like weather & vandalism, while collision covers accidents with a moving object or while in motion.
It covers your medical costs for passengers.
Covers your fishing equipment on the boat when lost, stolen, or destroyed.
Provides assistance if your boat is disabled on the water.
Pays to have your boat removed from a body of water if it sinks, when required by law.
Coverage can be customized to fit your needs.
It’s really all about protecting yourself financially.
As of August 2021, watercraft liability insurance is not required by law in Minnesota. If you have a loan on the boat, your lender will likely require physical damage insurance. Regardless of the law, it’s a good idea to have coverage on your boat, especially on motorized watercraft.
The Valento Insurance Agency is licensed in Minnesota, Iowa, & Wisconsin. Serving Inver Grove Heights MN, Eagan MN, St Paul MN, Woodbury MN, Mendota Heights MN, Apple Valley MN, Cottage Grove MN, Maplewood MN, Oakdale MN, and more.
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