If you own a boat in Bellevue, WA, you already know that insurance coverage is essential in protecting your investment. But what if your boat is dry-docked? Do you still need to purchase insurance for it? The short answer is yes. Even when your boat isn’t on the water, there are still risks that need to be covered by an appropriate policy.
Why Boat Insurance?
Theft Protection
When a boat is dry-docked, it can become a target for theft or vandalism—sometimes even more so than when it’s on the water. Thieves know boats are usually filled with expensive items and equipment, making them attractive targets. A comprehensive insurance policy will help protect against these losses, allowing you to recoup any costs associated with replacing stolen or vandalized items.
Damage Protection
Even when your boat is dry-docked, there are still risks involved with keeping it stored on land. Storms, floods, and other extreme weather events can cause damage to your vessel while it’s out of the water—and if you don’t have adequate coverage in place, you could end up footing the bill for repairs yourself. Securum LLC boat insurance policies can help cover the costs associated with any damages your boat sustains while it’s out of the water.
Liability Protection
Finally, having an active insurance policy on your boat also helps protect against liability claims from accidents or injuries related to its use or storage (including dry dock storage). This means that if someone gets hurt while they’re working on the boat or repairing something nearby, they may not be able to sue you directly and seek compensation for their medical bills or other expenses related to the accident—as long as you have proper liability protection in place through your insurance provider.
Give Us A Call
If you live in or around the Bellevue, WA area, and are looking for reliable and affordable boat coverage options for your vessel, contact Securum LLC today!
