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Boat insurance is a type of insurance policy that provides coverage for boats and other watercraft. It is designed to protect boat owners from financial losses due to damage, theft, or liability claims related to their boats.
Boat insurance policies can vary depending on the insurance company and the specific coverage options you choose. Some common types of coverage include:
Property damage coverage: This covers damage to other boats or property caused by your boat.
Collision coverage: This covers damage to your boat in an accident.
Comprehensive coverage: This covers non-accident-related damage, such as theft, fire, or weather damage.
The cost of boat insurance will depend on a variety of factors, such as the type and value of your boat, where you will be operating it, and your boating experience.