Watercraft & Boat Insurance in Lake Forest, IL
Navigating Illinois’ pristine waters is an exciting pastime. At Price Insurance, we’re committed to ensuring you enjoy peace of mind and financial protection on the water. Contact us today for a watercraft and boat insurance quote.
How Much Boat Insurance Do I Need?
Understanding your coverage needs is paramount to a smooth sailing experience. Illinois does not legally require boat insurance. However, if you have a loan on your boat, your lender might require you to carry insurance if the loan is outstanding. Marinas and other docking locations may also require you to have liability coverage.
Check local regulations or consult with an insurance agent to understand any changes or updates to requirements.
Your agent will work with you to determine which coverages and endorsements may be suitable for your situation. They may recommend that you maintain the following:
- Boat liability insurance
- Collision insurance
- Comprehensive insurance
- Uninsured/underinsured boater coverage
- Personal property coverage
- Towing and assistance coverage
- Fuel spill liability insurance
- Wreckage removal coverage
How to Buy Boat Insurance
When shopping for boat insurance, gather details about your vessel’s make, model, age and any custom modifications before contacting your agent to get boat insurance quotes. Price Insurance offers competitive rates, allowing you to balance coverage and cost.
Before finalizing your boat insurance, review your coverage to understand any potential exclusions. As your boat’s value or usage changes, make it a habit to review and update your policy annually.
Contact Price Insurance today to start comparing boat and watercraft insurance quotes.