Oklahoma may be landlocked but that doesn’t mean there is no shortage of recreational activities for boaters and watercraft aficionados. In fact, Oklahoma is home to the greatest number of man-made lakes in the United States with over 200. Whether you are out on the waterway every weekend or just a few times each season, you will want to ensure that your expensive investment is protected. Like many other states, boat insurance is not required in Colorado; however, that doesn’t mean you won’t be required to have it or won’t need it. If you have a lien on your boat, it is highly likely that the finance company will require you to carry insurance just like with personal auto insurance.
Why is boat insurance important? Specific to Oklahoma, boating popularity has exploded in recent years which means that the waterways are more crowded and accidents more frequent. Not having insurance leaves you vulnerable to potentially thousands of dollars in damages if either you cause an accident or if your boat is damaged by an uninsured boater. In addition, boat insurance can also protect you from calamities like theft and damage while your watercraft is being stored for the winter. Despite boat insurance not being required in Oklahoma, you will need to complete and pass the Oklahoma online boating license course prior to hitting the water. Similar to auto insurance, boat coverage generally includes property damage liability, uninsured boater, bodily injury liability, comprehensive, and collision.
At D & E Insurance Agency in Muskogee, OK, our talented team of insurance professionals will work tirelessly to outline your options and help you find the perfect boat insurance policy for your needs. Give us a call today to schedule a no-obligation consultation.