Where you keep your boat when it’s not in use is just as important as how you operate it regarding comprehensive boater’s insurance. If you live on a lake or river, our agents at Insurance Source Solutions in Oklahoma offer advice on how to protect the boat you store at your own home dock and ways to determine if your policy will suit your needs.

Does Insurance cover Private Boat Docks?

Most homeowners insurance policies cover your own dock, but the property where it is located must be on the protected and owned property listed on your policy. However, if you dock your boat at another person’s property, marina, or public dock, you’ll likely need additional insurance.

Types of Home Insurance That Applies to Your Boat Dock

For most policyholders, a supplement known as other structure coverage will kick in for boat dock damages related to hail, wind, and storms. This is a segment of a homeowner’s property policy that also covers damage to other aspects of your home, such as:

• Detached Garages
• Guest Quarters
• Sheds and Barns
• Gazebos
• Greenhouses
• Driveways

Yet, if the pier or boat dock can be removed each season, it may be considered personal property, so you’ll want to ensure that a personal property policy covers it.

Types of Boat Dock Damage That’s Usually Not Covered

Even a comprehensive homeowner insurance policy might not cover certain damages. These include:

• Boat dock collapses
• Ice or freeze damage
• Flood damage
• Damage due to high wind or waves

Keep Your Boat Covered Regardless of Location

Whether you dock your boat on the water or prefer to keep it dry on land, we can help you ensure that you have the right policy in place. Contact Insurance Source Solutions in Oklahoma to get your questions answered and help you find the right coverage for you.

Insurance Source Solutions is here to serve the insurance needs of boat owners in the state of Oklahoma. If you want to increase the protection provided by your boat policy, we can help. Contact our office today to learn more about the boat policy options currently available in our area.

Main Benefits of Comprehensive Boat Insurance Policies

1. Increased Liability Protection – no one wants to be involved in a boating accident that causes injury or property damage. More robust coverage can protect you when you’re involved in an accident.
2. Theft and Vandalism Coverage – this type of protection isn’t included in all policy types. If you want to make sure that your craft is protected both on and off the water, consider upgrading your boat policy today.
3. Additional Features Availability – a comprehensive boat policy can include additional features like at-sea towing service reimbursement and protection when your vessel is in storage. If you want to include these types of features and more in your coverage, a comprehensive policy is the way to go.

Our local agents are friendly and knowledgeable and are here to help you find the right boat insurance policy to meet your needs. Contact us today with any questions that you might have about your current coverage and to determine if it’s time for an upgrade to a comprehensive policy.

Now’s the Time to Upgrade to a Comprehensive Boat Policy

Oklahoma boat owners can rely on the team at Insurance Source Solutions for all their insurance needs. If you’re interested in upgrading your current policy to one that provides more comprehensive protection, we’re here to help. Give us a call today or stop by our office to learn more about our services and how we can help you protect your boat!

Insurance Source Solutions has been providing Oklahoma boat owners with insurance coverage for years. We can also provide guidance to maximize protection for your watercraft. 

Here’s Why We Recommend Taking A Boater’s Safety Course

A boater’s safety course makes you more knowledgeable in the care and handling of your boat, helping you navigate more responsibly when out on the water. In the state of Oklahoma, boat operators between the ages of 12 and 15 are required by law to take a class in boater safety when driving a vessel of over 10 horsepower. 

It is generally recommended that you seek out instruction from a curriculum that is approved by NASBLA or the National Association of State Boating Law Administrators. You can seek more information from any of our helpful Insurance Source Solutions representatives, and there are both classroom and online options. 

One immediate benefit is that you will have access to far more locations to launch your boat, as many marinas and clubs will require their guests to obtain a certificate in boater safety before allowing them to dock. 

Some boats are more complicated than others, and obtaining the necessary training to be skilled in all the functions your watercraft performs can be daunting for the novice without instruction. 

There is also a great deal of etiquette that must be practiced when coming into contact with other boats, and a boater safety course will teach you the expected standard conduct. This includes any laws that apply to boating in your location as well as common courtesy extended to other parties. In addition, you may be eligible for discounts on your insurance when your provider is presented with your notice of completion. 

Contact Us Today

We proudly serve the residents of Oklahoma and can provide you with the insurance package to suit your needs. Please reach out to us online, by phone, or stop by to speak to us in person. We look forward to working with you. 

When you purchase boat insurance from Insurance Source Solutions in Oklahoma, you can use that one policy to protect all of your watercraft. You might visit our offices to purchase coverage for a speedboat, but the same policy can also protect the pontoon boat you moor at Lake Eufaula or the kayaks you like to use on Lake Hefner.

What Boat Insurance Can Cover

Although it gets called boat insurance, you can use the same policy to protect your Seadoos, jet skis, canoes, kayaks, sailboats, etc. Any watercraft you own, you can insure with boat insurance.

We can also help you list the accessories for your boat on the insurance policy. This includes personal property you use while using the boat. What do we mean? Examples of these accessories include:

• Radar,
• Water skis,
• Radio equipment,
• Infotainment centers,
• Laptops.

Check with us about other items because any item you store in your ship’s hold we can add to your insurance policy.

Protections Provided

By adding these other pieces of equipment and accessories, the policy protects you from financial loss in cases of breakage, theft, or liability if someone gets hurt while using them. That means if someone steals the laptop off of your boat, you can file an insurance claim for reimbursement.

That liability coverage means that if someone incurs injury while using your jet skis, the insurance covers the costs of their medical treatment and any settlement if they go to court. It also covers court costs and attorney fees.

Get Boat Insurance Today

Contact Insurance Source Solutions in Oklahoma for more information on the many types of equipment and watercraft you can protect with boat insurance. Let us help you update your policy today.

How Boat Customizations Affect Your Boat Insurance

Whether you enjoy cruising on the waters of Grand Lake or Lake Eufaula, Oklahoma, you need the right boat insurance to properly protect your investment. When you customize your boat, you change it from the condition in which you originally insured it. That means you need to update your policy with Insurance Source Solutions.

What qualifies as customization that requires a boat insurance update? Many items qualify, including:

• custom paint, such as a mural,
• upgraded motor,
• adding an awning,
• redecorating or remodeling the galley or berth.

You need the updated insurance because your policy only covers your watercraft as you initially purchased it and insured it. Yes, your updated insurance might slightly raise your premium but think about the alternative. After all the money you spent on the customizations, if you don’t update your policy, none of your changes are covered. That means if you have an accident in the boat, you’ll only receive compensation for the original boat. When you update your coverage, if something happens, you receive compensation to cover the boat with the changes, meaning you can buy a new boat that’s just as nice as the one you lost.

When you buy boat insurance, think in terms of full coverage. The liability protection you buy protects everyone on your boat and on another boat if you cause an accident. The property damage coverage pays for damage you cause to someone else’s watercraft. You need collision and comprehensive policies to cover your own watercraft though.

Contact Insurance Source Solutions to learn how to update your boat insurance so you can continue to protect your watercraft on the Oklahoma lakes and rivers. Call us today.

Oklahoma City has many great lakes providing the perfect venue for various boating activities and giving most boat owners a chance to enjoy their investment. However, it would help if you also protect that investment by insuring it in case anything happens. Here at Insurance Source Solutions, we can help you with the coverage you need, ensuring you have peace of mind. Read on to find out what boat insurance covers.

Physical Damage

Boat insurance offers you coverage against risks like collision, theft, sinking, and fire. Whether your boat is at sea or on land, it will still be protected. Usually, the property covered ranges to different components depending on your policy, but it can include things like motors, batteries, anchors, and safety equipment like floatation devices and fire extinguishers. However, first, talk to your insurance agent to understand what will be covered.

Liability Coverage

Your boat may get into an accident which results in damage to other structures, including other ships. Boat insurance can help cover any expenses resulting from the damage you have caused. This includes medical expenses for injuries caused and repair expenses to damaged property. In addition, if the injured party decides to sue you for damages, this coverage will also cover legal fees.

Underinsured Boat Coverage

You may also get into an accident with a boater who lacks sufficient insurance to cover the damage caused. This type of coverage will help cover those expenses, including medical bills and repair costs. Therefore, you will not have to dig back into your pocket to cover those costs, saving yourself from financial loss.

If you own a boat in Oklahoma, it is essential that you understand how you can benefit from insuring your boat. Here at Insurance Source Solutions, we offer different types of coverage that can adequately protect you and your boat. Contact us today for assistance, and we will help you choose the right policy.

Oklahoma has more than 200 human-made lakes making it a great place to own or even live on a boat. A boat is an investment in your entertainment or your lifestyle. Whether it is a bass boat, party boat, speed boat, or houseboat, you may wonder what type of insurance you need to have on your boat. Insurance Source Solutions offers residents a place to come for all their insurance needs. As an independent agency, we can offer plenty of carrier and policy choices. 

The state of Oklahoma does not require boat owners to carry boat insurance. While the state may not require it, if you have financed your boat, chances are the lender will require that you carry insurance to protect their investment in your boat. On average, about 80 boating accidents happen every year in Oklahoma. Some of them involve fatalities. With the rise in boating popularity, the waters have become more crowded and raised the chances of accidents. 

Liability insurance is an important coverage. If you have a boat accident and there are injuries, you could be held liable for the medical bills and lost work time. If the injured people decided to sue, it could end up being a costly accident. Why take the risk when boat insurance can provide the protection you need at a reasonable price?  Property damage can happen both to your boat and to another boat or even a dock. Having to pay for the damage out of your own pocket can be devastating to your finances. 

If you have a boat that you use frequently and enjoy, protecting it and yourself makes good sense. In Oklahoma, talking to the knowledgeable team at Insurance Source Solutions can provide you with the information you need about boat insurance. Give our office a call or stop by to discuss your needs.