Boat Insurance Research Paper

The benefit to having this coverage is that if you are hit by an uninsured or underinsured driver, or are the victim of a hit and run, you still have coverage available to cover the costs of personal injuries. Of course your insurance company will want to conduct an investigation of the accident before paying a claim, which is why you should partner with a skilled personal injury attorney to protect your interests. To assist with the investigation, it is crucial that you act to preserve the evidence. You can do this by taking down what insurance information the other driver does have, taking photos, and getting the names and contact information of all witnesses. Taking these steps will help prove your case, and may speed up the time it takes to receive compensation.

The main reason to get insurance coverage for you boat is to prepare yourself for the unexpected. Accidents are unpredictable and any boat is liable to have them. Damages that occur to the boat or to any items on it during such accidents, may be covered by your insurance. On the other hand, if you were the cause of the accident to another person's boat, you'll need insurance to help you pay for the damages caused buy you without causing any additional damages to your bank account. You also have to keep in mind the possibility of needing medical insurance for you or anyone who might be with you on the boat. This coverage is complete but you'll only have to pay a premium to get it.

5.Car accidents: Some drivers are involved in car accidents and do not have sufficient insurance coverage to pay for all the damages.

I realize when most people consider any type of Texas insurance, the top four come to mind: medical, house, auto and life. Boating insurance is never a top priority. Other boaters consider their homeowner’s policy to be enough coverage for any type of boating mishap. Truthfully, the policy does not provide adequate coverage creating further financial risk for you

Drains (or scuppers) should be clear; pulpits or lifelines should be secure; all hoses and clamps should be tight. Be sure you have all needed components and equipment for the boat, and that they work- things such as spare parts, lights, an appropriately sized anchor (that is attached to the boat by intact line), and docking lines. These listed precautions only scratch the surface of all the aspects of a good, sound boat. By the way, is your boat registered or documented as required by your state or municipality? Speaking of equipment, safety equipment is an important part of boating and shouldn't be overlooked. Some of the necessary pieces of equipment include: life vests; sound making devices, such as horns and whistles; visual distress signals, such as flashing strobes, flares, first aid supplies, and a deployable floating cushion. There should be an adequate number of each type of safety equipment on board, the equipment should be in good working order, and all passengers should know how to access and operate the equipment. Get a weather forecast before you set out on your boat. It's good to know ahead of time, if the fair skies and seas are going to turn ugly later in

damage clause calling for a payment of $17,000 per day for each day that the vessel was

• Liability: This type of insurance helps protect you financially if someone is injured by you on your property.

An example is a case that took place "on May 7, 2005, Derek Hebert was riding in a small boat operated by David Vamvoras”. During their trip, the steering system stopped

You can suffer big financial losses for a number of reasons, and your insurance can protect you when the loss happens. A big mistake can be devastating. For example, your commercial property

There are a host of great benefits that come from owning and using a boat. Boats give you a great sense of freedom, letting you get out in nature and enjoy your surroundings. They also provide a great opportunity to spend time with friends and family relaxing and having a good time. If you are looking to buy a boat, these are things you probably already know. One thing you might not know though, is you need a separate insurance policy to cover your boat, because homeowners policies by themselves won’t do the trick. Not to worry though, Collingswood Insurance can help you navigate these waters.

of an accident and the other party is not insured or insured under your pol-

At Beeline Insurance agency, we offer customized boat insurance policies to guard against unexpected damages, replacement and liability. Whether you plan to sail, fish or enjoy the beautiful sunset, we offer coverage for many different boats with optional coverage to reflect your lifestyle.

Duck boats have become a popular tourist attraction because of their unique appeal and being a relatively inexpensive way to sightsee various desirable locations throughout the United States. These vessels are modeled after the infamous World War II DUKW amphibious design for its convenience as transportation on land as a vehicle and in the water as a boat. However, the safety of duck boats are now in question due to a tragic Philadelphia duck boat accident that took place on July 7, 2010 that killed two young Hungarian students who were a part of a church youth exchange group. The Delaware River boating accident occurred after a 250-foot city-owned barge collided with the duck boat, which had come to a halt and

As much as taking great care of your boat is essential, some people still fail to get the benefits of using the boat covers. Some find it as a waste of time and money and continue using their boats as though they were meant to last forever. It is important to note that the use has a wide range of benefits that one can enjoy.

There is very narrow scope for a ship owner to be exonerated from strict liability. It requires proof that damage resulted from war or was wholly caused by an intentional act or omission of a third party or by negligence of an authority