There are certain financial liabilities that may keep you from fully enjoying Virginia’s beautiful waterscapes with your cherished boats. At Transworld Insurance Group, we understand your insurance concerns and are here to help you take the first step toward worry-free adventures. 

What Is Boat Insurance?

Boat insurance is a contractual policy that offers coverage for your boat in exchange for the premiums you pay. This financial safeguard helps you enjoy your time on the water without worrying about unexpected financial burdens.

What Does Boat Insurance Cover?

Coverages vary from client to client depending on their needs and preferences; however, they may commonly include the following:

• Liability coverage may help cover expenses up to the policy’s limits if your boat causes damage to another person or their property.

• Medical payments coverage may help cover medical expenses if you or a passenger gets injured on your boat. 

• Physical damage coverage may help insure your boat from various risks and potential incidents by covering costs related to perils such as collisions, theft or vandalism, depending on chosen coverage and specific policy details.

• Uninsured watercraft coverage may help cover expenses if an uninsured boater causes damage or injury to you or your passengers.

• Emergency services coverage may help if you’re on the water and experience an emergency, such as requiring a tow to the harbor.
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Is Boat Insurance Worth Getting?

Investing in boat insurance is a wise financial decision. It can help to mitigate financial risk when accidents, theft and natural disasters occur to your vessel. With the right policy, you can safeguard your investment and confidently enjoy your boating experiences.

Financial Safety in the Waters

Ready to secure your boating adventures with tailored coverage?
Contact Transworld Insurance Group today and let our experienced team help you find the perfect boat insurance policy for your needs.