352-796-1451 | 800-526-3959 ☰ ˟
Logo
352-796-1451
800-526-3959
  • Home
  • Our Agency
    • AboutImage of right arrow
      • Our Staff
    • Our Carriers
    • Testimonials
    • Our LocationsImage of right arrow
      • Brooksville Main Office
      • Spring Hill Office
    • Emergency Claim Numbers
    • Did We Wow You
  • Get a Quote
  • Products
    • Home & Auto Insurance
    • Auto InsuranceImage of right arrow
      • Liability Coverage
      • Comprehensive Coverage
      • Collision Coverage
      • Uninsured & Underinsured Motorist Coverage
      • Diminishing Deductible
      • Accident Forgiveness
      • Minor Violation Forgiveness
      • Roadside Assistance
      • Specialty Auto Insurance
      • 24-Hour Customer Service
      • Towing
      • Rental Reimbursement
      • Personal Injury Protection (PIP)
      • Medical Payments Coverage
    • Home InsuranceImage of right arrow
      • Property Insurance
      • Homeowners Liability
      • Renters Insurance
      • Condo Insurance
      • Mobile Home Insurance
      • Scheduled Property Insurance
      • Landlords Insurance
      • In-Home Business Insurance
    • Other Personal InsuranceImage of right arrow
      • Identity Theft
      • Personal Umbrella Insurance
    • Farm InsuranceImage of right arrow
      • Crop Insurance
      • Farm Owners Insurance
      • Farm Livestock Insurance
      • Equine Insurance
      • Farm Equipment Insurance
      • Farm Dwelling Insurance
      • Farm Structures Insurance
      • Farm Auto Insurance
      • Farm Umbrella Insurance
      • Farm Liability Insurance
    • Life InsuranceImage of right arrow
      • Individual Life Insurance
      • Group Life Insurance
      • Disability Insurance
      • Key Person (Key Men) Insurance
    • Recreational Vehicle InsuranceImage of right arrow
      • Boat Insurance
      • Motorcycle Insurance
      • Motorhome Insurance
      • ATV Insurance
    • Additional Insurance ServicesImage of right arrow
      • Special Event Insurance
      • Other Services
      • Wedding Insurance and Special Event Insurance
    • Coverage for Specific IndustriesImage of right arrow
      • Accounting Firm Insurance
      • Alarm Contractors Insurance
      • Insurance for Arborists
      • Bar Insurance
      • Box Truck Insurance
      • Builders Risk Insurance
      • Car Dealership Insurance
      • Cargo Insurance and Freight Insurance
      • Catering Insurance
      • Cleaning Business Insurance
      • Construction Insurance
      • Consulting Firm Insurance
      • Contractors Insurance
      • Specialty Trade Contractors Insurance
      • Craft Brewery Insurance
      • Dental Practice Insurance
      • Dump Truck Insurance
      • Educational Facility Insurance
      • Financial Institution Insurance
      • Food Truck Insurance
      • Fleet Insurance
      • Handyman Insurance
      • Garage Insurance
      • Healthcare Facility Insurance
      • Healthcare Practice Insurance
      • Law Firm Insurance
      • Limousine Services Insurance
      • Liquor Liability Insurance
      • Livestock Insurance
      • Maintenance Contractors Insurance
      • Manufacturing Insurance
      • Media & Advertising Insurance
      • Medical Malpractice Insurance
      • Minibus Insurance
      • Non Profit Insurance
      • Nursing Home Insurance
      • Nursing Insurance
      • Orthotics & Prosthetics Insurance
      • Personal Trainer Insurance
      • Pharmacist Insurance
      • Pool & Spa Insurance
      • Printers & Publishers Insurance
      • Real Estate Businesses Insurance
      • Restaurant Insurance
      • Retail Insurance
      • School Bus Contractors Insurance
      • Scrap Metal Insurance
      • Security Guards Insurance
      • Self-Storage Insurance
      • Septic Contractors Insurance
      • Technology Services Insurance
      • Tractor Insurance
      • Tow Trucks Insurance
      • Uber Insurance
      • Water Well Drillers Insurance
      • Veterinary Insurance
    • Coverage for Your BusinessImage of right arrow
      • Bonds
      • Business Catastrophe Insurance
      • Business Owners Policy (BOP)
      • Commercial Auto Insurance
      • Commercial General Liability
      • Commercial Property Insurance
      • Commercial Real Estate Insurance
      • Commercial Umbrella Insurance
      • Crime Insurance
      • Equipment Insurance
      • Errors and Omissions Insurance
      • Fidelity Bonds
      • Inland Marine Insurance
      • Marine Insurance
      • Mechanical Breakdown Insurance
      • Office Insurance
      • Product Liability Insurance
      • Professional Liability
      • Shipping Insurance
      • Small Business Insurance
      • Small Business Liability Insurance
      • Storage Insurance
      • Surety Bonds
      • Technology Insurance
      • Trailer Insurance
      • Transportation Insurance
      • Trucking Insurance and Semi Truck Insurance
      • Workers Compensation
      • Van Insurance
    • Coverage for Your EmployeesImage of right arrow
      • Group Benefits
      • Group Disability Insurance
      • Voluntary Benefits
      • Group Health Insurance
      • Disability Insurance
      • Individual Life Insurance
    • Health InsuranceImage of right arrow
      • Group Health Insurance
      • Dental Coverage
      • Vision Coverage
      • Supplemental Insurance
      • Disability Insurance
      • Medical Expense Insurance
  • Resources
    • Insurance Glossary
    • Calculators
  • Contact Us
    • Contact Us
    • Brooksville Main Office
    • Spring Hill Office
Auto Icon

Auto

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home Icon

Home

We browse through a wide variety of coverages and find the right one for you.

Learn More
Business Icon

Business

We browse through a wide variety of coverages and find the right one for you.

Learn More
RV and Boat Icon

RV & Boat

We browse through a wide variety of coverages and find the right one for you.

Learn More
Motorcycles Icon

Motorcycles

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home > Blog > Does Boat Insurance Cover a Blown Engine?
MONDAY, MARCH 14, 2022

Does Boat Insurance Cover a Blown Engine?

Boat insurance provides important coverage for your boat, but it doesn’t cover everything. There are some instances where your boat insurance policy won’t provide compensation for an accident.154013278.jpg

If you have a blown engine on your boat, there’s a chance your boat insurance policy won’t cover you. Boat insurance covers:

·       Comprehensive Coverage: Comprehensive coverage provides compensation for damage due to lightning, windstorms, theft, vandalism and more.

·       Collision Coverage: Collision coverage provides compensation if your boat is damaged due to a collision, either with a boat or other object.

·       Property Damage Liability: This liability insurance helps if you damage someone else’s property while operating the boat.

·       Bodily Injury Liability: Bodily injury liability helps pay for medical expenses and possible legal expenses if you injure someone while operating the boat.

·       Towing

·       Guest Passenger Liability: This liability coverage provides compensation to victims injured by a guest allowed to operate your boat.

Boat insurance generally does not cover normal wear and tear. If your engine blows due to normal wear and tear or negligence, your boat insurance likely won’t cover you. If the engine blowout is sue to any of the above incidents (such as a collision with another object or some environmental accident), then you may be covered.

Before filing an insurance claim, it’s best to have the damage appraised to see if the cost of repairs is more or less than the cost of your deductible. If it costs less to repair the damages out of pocket, you may want to avoid filing a claim. Filing a claim is also likely to raise your insurance rates.

To avoid issues with your boat engine, make sure:

·       The motor is the correct height. Having it too high or too low can cause issues with the propellers.

·       Keep everything in good condition, including the gear case.

·       Identify boats more likely to have a blowout. The shape of a boat’s hull can have an affect on its likelihood of blowouts.

·       Manage your speed. Make sure not to push the boat to or past its maximum.

Boats with higher safety ratings may also cost less to insure.

How Much Does Boat Insurance Cost a Month?

The average cost of boat insurance is about $25-$41.66 a month ($300-$500 a year). This number depends on several factors, including what type of boat you have and what it’s used for. Other influences include your:

·       Age

·       Location

·       Claims history

·       Credit score

·       Gender

·       Horsepower

Boats designed to go faster may cost more to insure. If you have young or inexperienced boaters on the policy, your rates may also be higher. No matter how often passengers ride on the boat, all guests should be aware of safety measures to prevent in accident, especially in the case that you are unable to drive the boat back to shore.

Is Boat Insurance Required?

Boat insurance isn’t federal or state-mandated, but it’s important to have it nonetheless. A home insurance policy typically only covers about $1,000 in liability insurance for boats. This doesn’t account for expensive medical bills, possible lawsuits or any damage done to the actual boat. If you believe that you need more liability insurance, perhaps if you have a large boat and carry many passengers, you can also purchase an umbrella insurance policy that covers where your other liability insurance stops. For example, if you crash into another boat and owe $50,000 in damages but your policy only covers $5,000, umbrella insurance can step in to pay the remaining $45,000.

Make sure to boat safely and speak with an insurance agent about insuring your boat.

Posted 2:40 PM

Tags: boat insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021

  • boat insurance(2)
  • life insurance(2)
  • business insurance(2)
  • auto insurance(2)
  • motorcycle insurance(2)
  • recreational vehicle insurance(1)
  • homeowners insurance(1)
  • home insurance(1)
  • insurance(1)
  • rv insurance(1)
  • renters insurance(1)

View Mobile Version

Contact Us Today!
352-796-1451
800-526-3959

Social Social

Resources

  • Privacy Policy
  • Products
  • News
  • About Us
  • Refer A Friend
  • Our Carriers
  • Blog
  • Contact Us

Contact Us

352-796-1451 | 800-526-3959
Our Locations
© Copyright. All rights reserved. | Powered by Insurance Website Builder