Insurance add-ons fill in gaps that standard insurance products don’t cover. Learn about some add-ons you may benefit from while your boat is actively being stored.
Boat Storage Types
Before comparing and selecting insurance products, consider the type of storage best equipped for your watercraft. The storage setup that you choose should be easily accessible.
Seek a storage arrangement that will equip your watercraft with the level of security you prefer. Once you have settled on a storage type, begin to review some insurance add-ons.
Specialized Coverage
Specialized insurance coverage protects specific items on your boat. This type of add-on can cover distinctive mechanical materials or decorations.
If any materials are stolen from your boat while it is in storage, the specialized coverage will handle the costs.
True Value Coverage
A boat’s value depreciates each year. A true-value coverage policy will pay the true value of the boat if it is damaged while it is actively stored.
Replacement Parts
An add-on that covers replacement parts will protect spare boat materials while your ship is actively stored.
If any of the parts are damaged or go missing while your boat is stored, you will not be responsible for replacing them. Your policy will handle the needed repairs and replacements.
Contact Securum LLC
Your boat is a big investment. It should be adequately protected when you are operating it or storing it. Reach out to one of our agents at Securum LLC. An agent who serves Lynnwood, WA will prepare your boat insurance policy for you.