If you purchased a boat recently in Lakewood, CO, you could attest that it’s an expensive investment that you ought to care of as you do to yourself. Unfortunately, perils like accidents, theft, fire, and many others are never far from your boat. If any of these mischances arises, you incur costs that you were not ready to bear.
However, with a boat insurance policy from Colling Insurance Services Inc., you are well-covered. Here are reasons why investing in boat insurance is a no-brainer.
It may be required
If you are interested in purchasing a personal boat but have no financial capacity to do so, you can approach a bank and ask them to finance you. Most of them will be ready to help you but under one condition — that you must obtain boat insurance coverage.
They want to be sure the boat will be compensated in case of damages.
Just as cars encounter crushes on the highways, boats also face perils in water. In unfortunate instances, your boat could crush another boat causing damages and maybe injuries. If you are the one at fault, you are held liable for the losses. Thankfully, your boat insurance comes to your rescue, protecting your finances.
If you or your passengers suffer injuries in a boating accident, boat insurance helps cover the resulting medical costs. Besides, it covers partial loss of income if you can’t work due to injuries.
Protects your boat
Assume an accident, theft, or fire-ravaged your boat? This mishap would be a huge setback, especially if boating is your prime activity. However, when covered with boat insurance, your boat will be repaired or replaced without touching your pocket
Buy boat insurance today!
Are you shopping for affordable boat insurance in Lakewood, CO? Please contact Colling Insurance Services Inc. to obtain your coverage today and be a happy boater.