{"id":86,"date":"2021-08-16T04:00:00","date_gmt":"2021-08-16T10:00:00","guid":{"rendered":"https:\/\/www.parkerpreferred.com\/blog\/?p=86"},"modified":"2021-07-31T11:06:30","modified_gmt":"2021-07-31T17:06:30","slug":"boat-insurance-faqs","status":"publish","type":"post","link":"https:\/\/www.parkerpreferred.com\/blog\/boat-insurance-faqs\/","title":{"rendered":"Boat Insurance FAQs"},"content":{"rendered":"<p><span style=\"font-size:11pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\"><span style=\"color:#0e101a\">Boats are expensive. But when you know how fun water can be, boats are worth every extra buck. However, as you enjoy your boat, you better have boat insurance to protect you regardless of where fun takes you. If you are in McKinney, TX, and looking for coverage, contact Parker Preferred Insurance to get boat insurance that protects you the way you want.&nbsp;<\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span style=\"font-size:11pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\"><span style=\"color:#0e101a\">And before getting coverage, here are FAQs to enable you to understand boat insurance better. This way, you will make an informed decision when shopping for coverage.<\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span style=\"font-size:11pt\"><span style=\"font-family:Calibri,sans-serif\"><strong><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\"><span style=\"color:#0e101a\">Is boat insurance mandatory?<\/span><\/span><\/span><\/strong><\/span><\/span><\/p>\n<p><span style=\"font-size:11pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\"><span style=\"color:#0e101a\">Yes, Texas law doesn&#8217;t require you to purchase boat insurance, but when a federal-regulated lender finances your boat, they may insist you purchase at least the basic boat insurance. However, compliance shouldn&#8217;t be the only motivator for you to invest in boat insurance. There are loads of benefits you accrue when you invest in boat insurance.<\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span style=\"font-size:11pt\"><span style=\"font-family:Calibri,sans-serif\"><strong><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\"><span style=\"color:#0e101a\">What are the different boat insurance coverages?<\/span><\/span><\/span><\/strong><\/span><\/span><\/p>\n<p><span style=\"font-size:11pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\"><span style=\"color:#0e101a\">Boat insurance is broad. In light of this, you need to talk to your insurance agent to help you choose coverages that suit your needs. However, when shopping for boat insurance, you may come across the below coverages:<\/span><\/span><\/span><\/span><\/span><\/p>\n<ul>\n<li><span style=\"font-size:11pt\"><span style=\"color:#0e101a\"><span style=\"font-family:Calibri,sans-serif\"><strong><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\">Comprehensive coverage<\/span><\/span><\/strong><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\">: It protects your boat from non-collision perils like theft, fire, and certain natural disasters.&nbsp;<\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span style=\"font-size:11pt\"><span style=\"color:#0e101a\"><span style=\"font-family:Calibri,sans-serif\"><strong><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\">Collision coverages:&nbsp;<\/span><\/span><\/strong><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\">It protects your boat when involved in accidents with other boats or stationary objects.<\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span style=\"font-size:11pt\"><span style=\"color:#0e101a\"><span style=\"font-family:Calibri,sans-serif\"><strong><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\">Medical payments:<\/span><\/span><\/strong><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\">&nbsp;It covers medical expenses for you and your passengers following a boating accident.<\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span style=\"font-size:11pt\"><span style=\"color:#0e101a\"><span style=\"font-family:Calibri,sans-serif\"><strong><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\">Uninsured boater coverage<\/span><\/span><\/strong><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\">: This covers repairs of your boat for damages caused by an uninsured boater.<\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span style=\"font-size:11pt\"><span style=\"color:#0e101a\"><span style=\"font-family:Calibri,sans-serif\"><strong><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\">Liability coverage:<\/span><\/span><\/strong><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\">&nbsp;This coverage protects you from bodily injury and property damage caused to other people following a boating accident. Additionally, this coverage covers legal costs if the aggrieved party goes ahead to sue you.<\/span><\/span><\/span><\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"font-size:11pt\"><span style=\"font-family:Calibri,sans-serif\"><strong><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\"><span style=\"color:#0e101a\">Where can I purchase boat insurance?<\/span><\/span><\/span><\/strong><\/span><\/span><\/p>\n<p><span style=\"font-size:11pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-size:12.0pt\"><span style=\"font-family:&quot;Times New Roman&quot;,serif\"><span style=\"color:#0e101a\">At Parker Preferred Insurance, we like to put our customers at the heart of everything. Are you looking for boat insurance, or do you have additional questions about boat insurance? Don&#8217;t hesitate to get in touch with us today. Better yet, you can visit our McKinney, TX offices to speak to one of our agents.&nbsp;<\/span><\/span><\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boats are expensive. But when you know how fun water can be, boats are worth every extra buck. However, as you enjoy your boat, you better have boat insurance to protect you regardless of where fun takes you. If you are in McKinney, TX, and looking for coverage, contact Parker Preferred Insurance to get boat [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[9,6],"class_list":["post-86","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-mckinney-tx","tag-parker-preferred-insurance"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/posts\/86","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/comments?post=86"}],"version-history":[{"count":1,"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/posts\/86\/revisions"}],"predecessor-version":[{"id":87,"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/posts\/86\/revisions\/87"}],"wp:attachment":[{"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/media?parent=86"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/categories?post=86"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.parkerpreferred.com\/blog\/wp-json\/wp\/v2\/tags?post=86"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}