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Will My Insurance Cover My Boat if it is Stolen?

Will My Insurance Cover My Boat if it is Stolen?

Did you know that a comprehensive boat policy will cover the loss of your boat if it is stolen? Each year approximately 6,000 boats or watercraft are stolen in the United States according to the National Insurance Bureau Boat Theft and Recovery Report.

Personal Water Craft such as Jet Skis and Wave Runners top the list of the type of boat that is most-stolen. Also at the top of the list are Runabouts which include speedboats and outboards.

To read the full list go to 5 Most Stolen Boats

Some people rely on Liability and Collision insurance for their boats and watercraft, but you have to ask yourself if your boat is safely parked in your yard, or at a local boat launch or marina? How easy would it be for someone to jump into your boat or hook up your trailer and take off with one of your favorite leisure-time possessions? Check with your insurance agent to make sure you are covered. It’s an easy call for that added peace-of-mind.

To learn more about comprehensive boat insurance talk with your insurance advisor.