Take a Safe Trip On the Sea This Summer With These Insurance Options

With summer right around the corner, it is time to start thinking about insurance for your boat. While it is true that you and the family want to enjoy adventures on the mysterious seas, you want to be safe while exploring the unknown, right? Smart Way Insurance Agency has some of the best coverage options for boat owners in Sandy, UT. 

Consider Uninsured Boater Insurance

It sounds a bit on the extreme side but you would be surprised to know the number of New York boat owners who do not have insurance. About 40 percent have admitted to traveling by water during spring and summer months without coverage. Imagine if one of those uninsured boaters collided with you while you are enjoying a tour of the ocean with the family. Safety today is always better than sorrow tomorrow. Investing in uninsured boater insurance is the only way to ensure full protection. 

Cover Articles That Are On The Boat

The mechanics of the boat are not the only things that can get damaged in a crash. Valuables kept onboard are also subject to ruin if the boat collides or sinks. It is important to ensure that all bases are covered if an accident occurs and this includes adding protection for gear onboard that is not a part of the boat’s makeup. 

Insurance is Cheap

This is one of few times when quality is affordable. You can get a good boat insurance policy in Sandy, UT for a fraction of the cost that you would pay in other states where the weather allows for more trips out to sea. Smart Way Insurance Agency offers several packages that will fit your budget and give you the peace of mind that comes with knowing that you are fully covered this summer. 

How Umbrella Insurance Protects You From Lawsuits

By adding umbrella coverage to your current policy, you gain additional liability protection against third party injury or property damage caused by an accident in your home or when traveling in your car. This protection goes above and beyond your basic coverage. If you’re found liable for an accident, umbrella insurance can protect you from a lawsuit. When it comes to lawsuits, here are a few ways this coverage can come in handy.

Pays for Injuries and Property Damage

If you’re responsible for an accident at home or on the road that causes injury or loss of property to a third party, you could be sued for damages. If these damages extend beyond your basic liability coverage, your umbrella insurance will cover the extra expense of injuries or damages. Any expenses that exceed basic and umbrella policy limits will need to be paid out of your own pocket.

Protects Your Investments

Umbrella insurance can protect your assets such as house, car, retirement account, savings, etc., in the event of a lawsuit. A lawsuit can put your assets at risk if you do not have the funds to pay for legal expenses or damages. By purchasing umbrella insurance, you have the means of covering the expense of a lawsuit without dipping into your personal funds or selling your personal property. Umbrella coverage reduces the risk of financial ruin in the event of a terrible accident.

Covers Legal Representation

If you are sued for an accident that you feel isn’t your fault, you’ll need legal representation to defend your cause. Umbrella insurance can help cover the cost of legal fees incurred in your defense.   

At Smart Way Insurance Agency, we can help you make smart umbrella policy choices to meet your specific needs. Customized umbrella coverage will ensure you’re fully prepared for any eventuality.