There’s nothing like having a fun-filled day out on the water. Whether you’re cruising down the lake or riding the waves out on the ocean, it’s important that you do all you can stay safe. One of the smartest moves you can make as a boat owner is to buy insurance for your watercraft. Here at The Slocum Agency Inc. serving the Warwick, RI area, we know a thing or two about boat insurance. Let’s take a quick look at the top two reasons to buy boat insurance for your watercraft. 

Protect your boat from thieves

Stealing a boat is much harder to steal than furniture or vehicles, but thieves still steal boats every day. To keep yourself protected during an instance like this, you will need to put insurance on your boat. This ensures that you will receive compensation not only for your boat but for any damage that has occurred to it in the event that you get the boat back. 

Protect yourself during accidents

Its very important that you know how to operate a boat if you’re going to get behind the wheel. Even with the utmost precaution and safety, though, accidents happen all the time. The cost of a boating accident can be overwhelming, but with the right insurance, you can rest assured you will receive compensation to take care of any damage to your boat as well as any of your injuries. 

If you would like to learn more about the many reasons to buy a boat insurance policy for your watercraft, please don’t hesitate to reach out to The Slocum Agency Inc. serving the Warwick, RI area.