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Motorboat insurance is a specific sort of boat insurance intended for owners of motorboats. It safeguards against destruction, burglary, fire, and additional hazards.

Coverage for motorboat insurance usually includes physical damage, property damage, fuel spill liability, towing, personal effects, medical payments, ski coverage, watercraft liability, and uninsured boaters.

Motorboats are the most popular among boat owners. But they also have the highest accident rates. Over time, motorboats have become more complicated, and therefore more costly. Reductions for motorboat insurance may be available if a person has a new boat or is an experienced operator.

Policies for motorboat insurance may have a number of necessities and limitations in regard to hull value, lay-ups, where and when a motorboat can be operated, and the age of a motorboat.

Boating protection should be taken seriously. The greater precaution one takes while operating a boat, the less prone an individual will be to a mishap.

Motorboats offer their owners fun and excitement. But before one begins to embark on water adventures, one should make certain to have proper motorboat insurance.

By and large, motorboat insurance covers objects such as anchors, batteries, bilge pumps, boat covers, deck chairs, depth finders, PFD's, lights, emergency devices such as EPIRBs, fire extinguishers, fuel tanks, boat furniture, generators, horns, life preservers, masts, mooring equipment, motors, engines, oars, refrigerators, seats, solar panels, stoves, ovens, tarps and trailers.

However, some of the following items are generally not covered, which include cameras or video equipment, clothing, jewelry, watches, as well as other personal items like cellular phones.

In todays litigious society, even small mishaps can lead to dreadful results and can end up in large lawsuits. Thats why it becomes almost mandatory for many people to opt for personal injury liability insurance. Personal injury liability insurance protects you from liability under the law if you are sued for something you did or didnt do to cause a personal injury to someone else. If you are an owner of a property or if you drive a car or operate a business, then you are exposed to a legal liability.

The basic purpose of buying personal injury liability insurance is to protect ones self from claims arising out of some negligence that cause injury or damage to someone else. The insurance coverage pays money to the person who files a claim against you if you are legally responsible for causing injury or suffering to him. For example, if your dog bites the mailman or some guest is injured in your premises, you are protected against the lawsuit by the umbrella of insurance. The law in most parts of the United States has a mandatory requirement of a specific minimum amount of personal injury liability insurance for all property owners, car drivers, and businessmen. Failure to carry the minimum liability insurance can result in cancellation of the license privileges.

The state of Michigan requires all such people to purchase a minimum liability insurance coverage of $20,000 for one individual and $40,000 for more than one individual for bodily injury or death and $10,000 for property damage. Michigan law does not apply to slander or libel claims, intentional acts, diseases you pass on to others or claims by one household member against the other.