You may think you need boat/watercraft insurance for anything you take on the water, including small vessels like canoes. While there’s nothing wrong with getting a policy for your canoe, it’s important to consider all the pros and cons. 

Damages

Most people in Winder, GA, want insurance in case their vessel is damaged. However, canoes are relatively inexpensive and often don’t wind up in rough waters. They’re likely stored indoors, which helps protect them from damage caused by natural disasters. Your home policy may cover damages while the canoe is stored on your property. Contact your agent to determine if it’s covered. 

Consider the cost of replacing the canoe and your deductible. An insurance agent at Ransom & Associates Insurance Agency can help you determine which would be more expensive. 

Liability 

Liability policies are usually beneficial for everyone. These can cover damages you cause to other people’s property and bodily injury you cause to others. However, you’ll need to consider whether you’re likely to damage property while in your canoe. If you park it in a marina, this is usually required. 

Other Situations

Boat/watercraft insurance may be helpful in various other situations. For example, some add-ons can provide towing assistance if you find yourself stranded on the water. Some policies will cover theft and vandalism, such as if someone breaks in and spray-paints your canoe. 

Knowledgeable agents at Ransom & Associates Insurance Agency serving Winder, GA, will discuss your situation with you to help you determine what type of policy you need. We’ll help you make sure you don’t end up paying for unnecessary coverage. Contact us today.