How Boat Insurance Protects You From Storm Damage

Although Celina, TX, lies well inland from the Gulf Coast, the area can still experience the effects of tropical storms. Tornadoes and severe thunderstorms are also common threats. These weather events can damage your boat, whether it’s in a marina or a storage facility. A comprehensive boat insurance policy from Rasor Insurance can help protect your watercraft investment from these unexpected events.

Comprehensive Coverage Provides Vital Protection

Similar to auto insurance policies, comprehensive coverage on your boat policy pays for damages caused by non-collision events. This includes hurricanes, tropical storms, high winds, hail, and lightning. If your boat sustains damage during a storm, your policy can provide the funds needed to repair or replace damaged areas, including the hull, engine, and other essential components. If the damage results in a total loss, the policy will compensate you for the boat’s value. Severe storms can also cause your boat to sink or become grounded. Your insurance policy can cover the costs associated with salvaging and removing a sunken or beached vessel.

Ensure You Have Coverage for High-Risk Weather Events

Review your policy to understand its specifics, including the types of storm damage it covers, any exclusions, and your deductibles. If your policy doesn’t include coverage for high-risk weather events, you may need to add a rider or specific endorsement to obtain full protection. Additionally, check your policy for requirements, such as securing your boat or removing it from the water when you have advance notice of a storm. Take photos and videos of your boat before a storm to document its condition, as this step can help when filing a claim.

Learn more about how a boat insurance policy can protect your investment from storm damage. Contact Rasor Insurance, serving residents of Celina, TX, to schedule an appointment.