The Tulsa, OK area is known for its incredible lakes, and Keystone Lake alone has nearly 300 miles of shoreline. On any given weekend, public docks and ramps fill up with boat and watercraft owners ready to enjoy the water. However, any time you tie up at a public dock, you are exposed to liability risks. Many boat owners do not think about these risks until something goes wrong. If you plan to spend a lot of time on the lake, it is important to review your boat or watercraft insurance policy.
What Liability Looks Like at Public Docks
Consider a simple scenario. Your boat may bump another boat’s hull while you are docking. Or someone stepping off your boat onto the dock may get hurt. These incidents happen often, and agents at Greater Tulsa Insurance Inc. have seen many similar situations. If it happens to you, you are responsible for making sure you have the right coverage.
Why Your Homeowners Policy Will Not Help
Some Tulsa, OK, boaters believe their homeowners’ insurance will cover their watercraft. While a homeowner’s policy may offer limited protection when the boat is stored at home, that protection ends once the boat hits the water or ties up at a public dock. The Oklahoma Insurance Department recommends that watercraft owners carry a separate policy. Liability coverage for boating activities usually must be added as an endorsement or purchased through a standalone boat policy.
How Boat and Watercraft Insurance Works at a Dock or Marina
Oklahoma law does not require boat or watercraft insurance. However, marinas or docks may refuse to allow you to tie up unless you provide proof of liability coverage. A boat insurance policy is designed to protect you if you cause injury to another person or damage their property. Without it, you may be responsible for paying those costs out of pocket.
Make Sure You Are Covered Before You Launch
Public docks are shared spaces with shared risks. Having a strong watercraft policy in place keeps you protected when unexpected situations arise. An agent at Greater Tulsa Insurance Inc. can review your current policy or help you choose a new one that fits your needs.
