In the event of boating accidents or natural disaster that damages your boat, boat insurance helps protect you from the financial loss and acts as a contract between you and the insurance company. Everyone wants to have a safe experience while they’re out on the water, but operating a boat does come with some risks that could result in costly injuries and damages. Insurance could help cover you, your passengers and your boat as well as other people and their property.Pinnacle offers coverage for sailboats, powerboats, houseboats, inboard or outboard motorboats and personal watercraft.