Protecting And Insuring Small Boats In Storage And Transit

Small boats can have a big impact. Anything from a canoe to a pontoon vessel could mean a lot to your family. These boats are also practical to store and locate, if need be. You can pull your boat out of the water and transport it with a degree of ease that some boaters might not have.

Even so, you have a responsibility to protect your small boat. Most vessels cost a pretty penny, and that's not an investment you want to take a loss on. So, you need insurance – even when your boat is out of the water.

A thorough boat insurance policy can protect your vessel specifically. It will usually include targeted coverage that other policies do not. That said, your homeowners and car insurance coverage might play supporting roles in your coverage.

Insurance Coverage for Storage

You can often store boats in more secure areas than a marina or dock. You might even keep them on your own property.

It's easy to understand why you should store boats when not using them. Threats of theft, weather damage, vandalism and other damage are always present. Should something happen to your boat, you could be left with costly repair bills. Putting the boat in a safe place might reduce the chances of problems.

Still, regardless of where you stora your vessel, threats will still exist. You'll want your insurance to help you during periods of storage.

In limited cases, your home insurance might cover certain damage to the boat. After all, home insurance policies usually have possessions coverage, and a boat is a possession. But remember, most insurers do not intend for home policies to cover boats entirely.

Damage occurring in storage is better covered with a boat insurance policy. Boat policies usually contain comprehensive insurance. Coverage will protect the boat from damage not related to a collision or wreck. For example, fire, theft or weather damage can occur anywhere. Comprehensive policies will likely include coverage that can protect the boat during storage.

Storage Protection:

Transportation Coverage

Unless you live on a body of water, you might need to hook the boat up to your car or a trailer to get it to a dock. Transporting a boat comes with its own risks. But with the right insurance coverage, you might be able to lessen resulting damage if it occurs.

With that said, car insurance might provide some protection in the form of liability coverage. Liability insurance can help you compensate third parties who sustain injuries or property damage in an accident that was deemed your fault. For example, if your trailer swerves and damages a car in another lane, this policy might come in handy.

Transport Protection:

A boat insurance policy is your best bet to protect your vessel during storage and transport. Therefore, contact Auto Insurance Discounters today. Tell our agents how you will transport and store the boat. They can help you find a boat insurance policy that addresses those situations. Do not forget to ask them how your auto and homeowner's insurance policies will cover boat damage. If you need to make adjustments to these policies, do so as pertinently as possible.

With a little bit of preparation and assistance, you can ensure your boat is protected, regardless of where it's housed.

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