The Impact of Weather and Natural Disasters on Watercraft and Boat Insurance

Boat insurance can be an essential tool to help financially protect your watercraft from expensive incidents, such as accidents and destructive weather. As a boat owner, it’s critical to understand boat insurance basics to invest in the right coverage for you and your vessel. Whether you stay on one body of water or explore many waterways, boat insurance can help ensure you are financially protected from the unexpected.

What Does Boat Insurance Cover? 

Boat insurance typically offers the following coverage:

• Collision coverage can offer financial protection for your boat against damage resulting from collisions with other vessels or objects, such as a dock.

• Comprehensive coverage can help cover expenses related to damage caused by noncollision events, such as theft, storms and vandalism.

• Liability coverage can offer financial protection if you are found responsible for injuring another person or damaging their property while operating your boat. It may help cover legal fees, medical expenses and other related costs.

• Medical payments coverage may help cover medical expenses for you and your passengers if injured in a boating accident, regardless of who is at fault.

• Uninsured/underinsured boater coverage can help financially protect you if you are involved in an accident with another boater who doesn’t have insurance or has inadequate coverage.

How Does Boat Insurance Protect Against Storm Damage?

Comprehensive coverage may help cover the cost of repairing or replacing your watercraft if it is damaged due to a weather-related incident, such as a windstorm or thunderstorm. Although this coverage may be considered optional, it is highly recommended. For added protection, you may also want to consider fuel spill coverage, full replacement cost coverage and wreckage removal coverage.

Boat Insurance in Foley, AL

Contact Southern Insurance AL LLC to discuss your boat insurance needs. We can recommend a robust policy that offers financial protection for you and your vessel against severe weather.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.