Insurance Coverage to Protect Your Boat While It is Being Stored

Watercraft storage coverage is a type of insurance designed to protect your recreational equipment while it is not in use. Understanding the amount of coverage you need is critical before upgrading your boat insurance policy.

Boat Storage Duration

A standard boat insurance policy protects your boat while actively in use. However, your boat may still be at risk of damage, vandalism, or theft even when stored. The duration you plan to store your boat will determine how long you will need coverage.

If your boat is used year-round, you may only require minimal storage protection. However, if your boat usage is seasonal, it may be stored for longer periods, necessitating a more comprehensive storage policy.

Your Risk Level

The way you store your boat will influence the amount of boat insurance you need. If your watercraft is stored at a facility offering covered storage units, it will be less prone to weather-related damage, requiring a minimal amount of storage coverage.

If your boat is stored outdoors, it is susceptible to damage from the weather and could also be at risk of theft or damage by another person. In this case, you may need more coverage.

Adequate boat insurance will enable you to handle necessary repairs or replacements comfortably.

Insurance Agent Services

A representative of McCormick Insurance Inc. can help set up your boat insurance policy. Call one of our agents if you are in the Pembroke Pines, FL. We’d happily arrange an appointment to discuss your boat insurance policy.