boatins

Jerviss-Fethke is located in Muskegon, Michigan, surrounded by Lake Michigan, Muskegon Lake, Mona Lake, and Bear Lake. We are very familiar with boat insurance. Here are a some key benefits; our comments and concerns are italicized.

Physical Damage - Most policies provide coverage on a type of special form basis. Your boat is covered for damage, except what is specifically excluded. Typical exclusions are intentional damage by you, wear and tear, vermin, etc. (Check with you agent to verify your coverages.) Check the limits of your salvage coverage. Typically this is not very much; sometimes you can buy more, but sometimes not. Salvage coverage varies widely by company, anywhere from 5% of your boat value up to the full cost to recover the boat from the bottom of the lake.
Liability - This protects you from incidents you are legally liable for, such as damage you do to someone else's boat, dock, or if you hit someone in the water. Sometimes you can extend the liability from your homeowner's policy to cover your boat; this is usually less expensive. Check with your agent to see if you qualify.
Medical Payments - This works similarly to your homeowner's policy's medical payments. Check to be sure water skiing injuries are included; sometimes there is an extra coverage and fee. If you extend coverage from your homeowner's policy, you should increase limits to $5,000. Typically, only $1,000 comes with the policy. This costs only a few dollars.