As the weather warms, so does the number of boats traveling on the water. Boating season is a fun and relaxing way to spend a day. However, some boat owners are unsure what is excluded from their boat insurance policy. Contact H. Dean Allison Insurance of Altoona, PA, as their staff can review and explain what your policy does not cover.
How Boat Insurance Works
Boat insurance protects the policyholder from financial demise. It could mean paying for medical care for bodily injuries or repairs to the boat following an offshore accident. Also, your investment is protected if the boat is stolen from the dock or stored away for the winter months. The policyholder selects the coverage for their boat. Thus, you play a role in what is excluded from the insurance policy.
What is Not Covered in a Boat Insurance Policy
Boat owners need to read their insurance policy before signing an agreement. It will give you a better perspective on what is excluded from the policy. The owner is solely responsible for the boat’s maintenance. Thus, the normal wear-and-tear that occurs during a boating season is not covered. Insurance companies believe boat owners are responsible for repairing and removing all gradual deterioration, mold, and weathered damage from the extended time in the water.
Boat’s Defective Mechanical Parts Excluded
Most boat insurance policies will not cover replacing a defective mechanical part on a boat. But the coverage will pay for all repairs caused by the part. Usually, this section is called machinery damage exclusions on your boat insurance policy. The coverage provided does vary as the wording may include "improper use." Ask your provider for clarification on whether you see this phrase in the policy agreement.
If you are new to the boating community, call H. Dean Allison Insurance in Altoona, PA. Our staff can create a boat insurance policy that meets your needs. We understand the state’s requirements and what needs to be covered. You will be protected while traveling on the water. Call and schedule an appointment today!
