- According to Sea Insure’s historic claim data, the majority of vandalism, theft, and fire claims occur over the winter months. Without an active policy in force you won’t be covered for any of these unfortunate situations, which can cause serious damage to or even a total loss of your boat.
- Even when your boat is not in the water, if someone gets hurt on or around it while in storage, you could be liable for any injury that occurs.
- Consistently dropping and adding insurance policies can make you appear as a high-risk customer. Insurance companies that see this trend may make you pay in full, increase your deductible, surcharge the new policy, or even decline a policy altogether. So, if you choose to save a few dollars by cancelling your boat policy for the winter, you could end up paying much more than what you thought you’d be saving. Getting rid of your coverage in the winter months may save some money now, but it could add up in the spring!
If you’re interested in learning more about your current policy or ways to save, feel free to contact Sea Insure anytime at 877-568-1672 or visit us online at seainsure.com.