Offseason Boat Storage: Does Your Insurance Cover It?

As the boating season winds down, many boat owners face the challenge of storing their vessels during the offseason. Whether you choose to store your boat at a marina, in your driveway or at a storage facility, it’s crucial to understand how your boat insurance covers your vessel during this period.

Insurance Coverage for Offseason Storage

Most boat insurance policies offer coverage for your vessel even when it’s not in use. This typically includes financial protection against theft, vandalism, fire and weather-related damage. However, the extent of coverage can vary depending on where and how your boat is stored.

The following are types of boat storage and how insurance applies:

• Marina storage—If you store your boat at a marina, your insurance policy should cover it. Still, it’s essential to check if the marina has any specific requirements or if they offer additional coverage. Some marinas may require you to have a certain level of liability insurance.
• Driveway storage—Storing your boat in your driveway can be convenient, but it may expose your vessel to different risks. Ensure your policy covers theft and vandalism, as these are common concerns for boats stored at home. Additionally, check if your homeowner’s insurance offers any supplementary coverage.
• Storage facility—When using a storage facility, verify that your boat insurance covers off-site storage. Some policies might have restrictions or require you to notify your insurer about the storage location. It’s also wise to inquire if the facility offers any insurance or security measures.

Additional Precautions for Boat Owners

To maximize protection during the offseason, boat owners should consider the following precautions:

• Winterize your boat. Properly winterizing your boat can prevent damage from freezing temperatures and moisture.
• Use a quality cover. Invest in a high-quality boat cover to shield your vessel from the elements.
• Remove valuables. Take any valuable items from your boat to reduce the risk of theft.
• Conduct regular inspections. Periodically check on your boat to ensure it’s secure and in good condition.

Learn More

Contact 1st Choice Insurance to discuss your boat insurance needs.

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.