Insurance for Fishing Boats
While any boat can be a fishing boat, fishermen know the difference between boats designed for fishing and those that have been outfitted.
Now, when most of us are planning for the upcoming season on the water we tend to focus on the obvious stuff. We want to consider upgrades, determine what broke over the winter, and see how clean (or not) we left our tackles. The reality is that before you can even launch your boat, the to-do list can feel endless. There are the usuals that we find for all boats; Are all the plugs in place? If the engine is gas have we checked the spark plugs? When was the last time we replaced the fan belt again
Inland Lakes and Rivers
Many of us grew up near small lakes, catching perch and rock bass in an aluminum runabout. Small, lightweight, and drawing very little, these beauties allow you to visit almost anywhere inland in a few minutes from launch to departure. The first
So your fishing boat insurance policy should be tailored to your needs. So what do you need?
Your needs here will depend entirely on the type of boat you own. If you use an aluminum runabout, you’ll likely not need a ton of damage coverage. These boats are more resilient than most, and often don’t cost much
If you fish from a pontoon or ski boat, however, you probably want a more substantial policy. You likely paid a lot more for it, so you want to make sure you adequately
Personal Liability Coverage
If you ever take guests out on the water, you want personal liability coverage at the very least. Runabouts’ shallow drafts and short freeboard make them far more likely to swamp and flip than many others. Anyone outside of your immediate family (your spouse and children) is considered a guest and can sue for damages if they are injured in a capsize. The danger is far greater if you like to fish out of peak season.
Reduced numbers of people on the water mean it can take even longer for help to arrive. Cold weather increases the risks of hypothermia, and in some
Property Damage Liability
If you have a motor on your boat, we also strongly recommend property damage liability coverage. If you
Even a small outboard motor, however, can get you moving fast enough to cause expensive damage to another boat, a dock, or a pier. For such small boats, property damage liability coverage is usually quite cheap. As an added bonus, it can save you thousands if you make contact with, say, a ski boat.
Deep Sea Fishing
The increased scale of deep sea fishing is evident in every aspect of it. The boats tend to be bigger, the fish tend to be bigger, and the gear tends to be more expensive. Correspondingly, the dangers and storms tend to be larger too.
As a result, you are likely to see significantly higher premiums than the folks who stick to small lakes and rivers. The question is, how do you make sure you’re adequately protected with that extra cash?
While not everyone has downriggers and full trawling setups on the back of their boats, there are many lucky people who do. This
It is worth remembering: fishing gear depreciates quickly. Depending on your policy, you may only receive a fraction of what it would cost to replace it. This holds doubly true if your kit is old. While there are some policies that offer replacement value, they are expensive, sometimes exceptionally so. That said, they can be worth it, especially for some people for whom replacing the gear is prohibitively expensive and is either important to them personally or financially.
Personal Injury and Property Liability
As with all
Whether you are on a Whaler, Scout, Pursuit or