5 Common Reasons You Might Need To File A Boat Insurance Claim This Summer

​One thing you should plan for is the likelihood of an insurance claim, regardless of whether you are a novice owner or a seasoned pro. If you have a boat or watercraft, you most likely by now have financial protection for it. But if not, consider getting a boat insured.

The top five insurance claims that boat owners may encounter this summer are listed below.

1. Weather-Related Damage While Moored
   Any hazardous climatic conditions, including a storm, heavy downpours, and more, can result in significant losses that require filing a loss of property claim. Once insurance providers issue you a quote, they consider your area or surroundings, so the cost you incur for insurance while your vehicle is moored will show the dangers.
   
   
2. Colliding with Another Boat
   It is advised to have uninsured coverage if you plan to sail on congested bodies of water. Maintaining complete attention while operating the boat is the best way to fend off this claim. A collision is sometimes entirely beyond your control. However, being extra careful will help lessen the chances of this happening.
   
   
3. Boat Theft While in the Open
   You should assess the value of your boat, including the equipment, to ensure your insurance plan covers it appropriately. The best way to prevent boat theft is to strategize how and where to store it and put safety measures in place.
   
   
4. Boat Theft While Stored
   Boat theft is equally devastating, whether done in the open or stored. Considering that your boat is likely one of your most costly possessions, you should provide adequate protection. 
   
   You should also avoid filing insurance claims as much as possible because you will probably have to cover a portion of the cost of boat insurance out of your pocket. After all, boat insurance also has deductibles. Consider your choices carefully and select a plan that can offer sufficient coverage to protect your boat.
   
   
5. Hitting Objects in the Water
   Most insurance claims for scratched boats or broken propellers result from contact with shallow water, debris, logs, rocks, and other slightly sunken objects. Your boat may sustain damage from a damaged body to becoming unusable.  Luckily, you can obtain boat insurance to cover this type of damage to your boat.

Conclusion
Although certain mishaps are inevitable, you can take some steps to prevent others. You can only sometimes be prepared for unforeseen circumstances. Fortunately, acquiring a thorough boat insurance policy can shield you from the hefty financial obligations brought on by a loss.

At Best Insurance Group, LLC, we strive to provide our clients with affordable and comprehensive policies. We will always go all out to satisfy your demands. To learn more about how we can assist you, please contact us at (970) 674-5000 or CLICK HERE to request a free quote. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!