Boat insurance is a type of insurance policy that provides financial protection for boat owners in the event of an accident, theft, or other covered loss. It can cover a wide range of risks, including damage to the boat itself, damage to property or injuries to others, and legal liability.
Boat insurance is important for a number of reasons. First, it can help to protect boat owners from financial ruin in the event of a major loss. Second, it can provide peace of mind, knowing that you are protected in the event of an accident. Third, boat insurance can be required by law in some states and marinas.