Boat and Watercraft Insurance Coverage for Storms

Boats and other watercraft are susceptible to significant damage when a storm rolls in. For property owners, that can lead to costly losses and even liability claims. Will your boat/watercraft insurance help in these situations?

Anthony Lancaster Insurance Inc, serving Memphis, TN, explains.

How Does Insurance Help After a Storm?

Most comprehensive boat insurance policies will cover risks related to storms, including damage from lightning, wind, and rain. Your coverage may include protection for damages you could not prevent.

However, there are limitations. Most policies do not cover hurricane damage. That means if a named storm damages your vehicle, your basic policy may not be enough.

Policies differ widely. You may find that many policies offer add-on features, including haul-out insurance. This pays to move your boat to another area to prevent damage. You may also be able to get add-on coverage for salvage or wreckage removal. 

Let Our Team Help You Get Adequate Protection

At Anthony Lancaster Insurance Inc, we help boat and watercraft owners choose the right combination of coverages to protect against their unique risks. We’re currently serving Memphis, TN.