Is Your Boat Insurance Ready for Summer? A Preseason Coverage Checklist

Longer days and warmer weather mean it’s time to prepare your boat for the water. Before launching into summer adventures, revisit your insurance coverage and confirm it’s still the right fit for your current needs.

Essential Boat Coverage Checks for the Season Ahead

Your policy might have served you well last year, but circumstances can change. Review the following details now to help you avoid surprises later:

• Coverage limits—Review the overall coverage amount for your vessel. Rising repair costs and upgrades to your boat may call for an update to your policy’s limits.

• Navigational limits—Check where your policy allows you to operate your boat. If you plan to explore new waters this year, ask about expanding your coverage.

• Liability coverage—Look closely at the liability section. Higher limits might be a better option if your boating activities are expanding to include guests or rentals.

• Theft and vandalism provisions—Summer often means your boat is docked or trailered away from home. Confirm your policy covers theft, vandalism or damage during storage and transit.

• Emergency towing and assistance—This coverage can be helpful during breakdowns on the water. Make sure your plan includes towing services and that the limits are sufficient for where you’ll be boating.

• Named insured and usage—Inform your insurer if ownership, operators or intended use has changed, such as moving from personal use to chartering. These changes can impact eligibility or required documentation.

Learn More

Best Option Insurance and Tax can help assess your policy and recommend coverage options that suit your boating plans. Contact us today.

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.