Boat/Watercraft Insurance

Learn More About Boat and Watercraft Insurance in New York

L M Insurance & Financial Services LLC is happy to offer boat and watercraft policies to protect your vessel on the water, in storage, and during transport. This type of insurance is not required by state law but could be required by a lender or the marina that holds your watercraft. There are many risks you take when you are out on the water, and our agents are here to help inform you about the dangers of boat use and the incidents that could occur.

Securing a Policy

Boat and watercraft policies are similar to auto insurance. There are liability protections, property replacement or repair, and medical expense policies. What is required by a lender or marina may vary. Typically, you will have to acquire full coverage for your vessel. It will be required because of the risk of lawsuits and damage to other boaters. A lender will require it to protect their investment. Determining your needs for your watercraft is important when acquiring a policy. One of our Bronx, NY agents would be happy to help you learn more about your options and how to get started.

Contact L M Insurance & Financial Services LLC

Our Bronx, NY agency has been serving residents around the state for quite some time. You can trust us to walk you through the process and answer any questions you may have about a policy. Contact our New York office to learn how you can get a quote and what policy is best for your situation.

Please note that insurance carriers and coverage limits vary by state.