Late-summer Storms and Boating: How to Protect Your Investment With the Right Insurance

The beautiful lakes and coast of New Hampshire attract boaters well into the summer and fall. However, severe summer storms can also strike quickly, so you need to make sure you and your boat are prepared for any weather that comes with the changing seasons. An essential part of accounting for such risks is having the right boat insurance policy in place.

What Does Boat Insurance Cover?

Many boat owners think their homeowners insurance covers their vessel, but that’s usually not the case, and a separate boat insurance policy is needed. The following are key coverages:

• Liability coverage may cover property damage and legal fees if you’re responsible for an accident with your boat.
• Physical damage coverage may help with repairing or replacing your boat if it’s damaged by collisions, theft, fire, storms or natural events.
• Uninsured/underinsured boater coverage may help if you’re involved in an accident where the other boater is at-fault and has insufficient or no insurance coverage.
• Personal property and equipment coverage may cover items like navigation and electronic equipment on your boat.

It’s important to understand your policy’s limitations. Check with your insurer to make sure weather events, such as hail and windstorms, are covered.

Before Storms Hit

Documenting your boat before a storm hits could help if you need to file a claim for damage. Take high-resolution photos or video of your boat, equipment, and storage setup. Keep any receipts for equipment you purchase or maintenance performed on your boat. It can also help to send this documentation to your insurer proactively.

Contact Us

Boat owners know that a significant part of being a responsible owner is having the proper insurance. Especially when summer storms can wreak havoc on your vessel, the right coverage can help you repair your boat and get back to your fun on the water. Contact Dyer Insurance Agency in Bedford, NH for a personalized quote or more information.

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.