Does Boat Insurance Cover Storm Damage?


Does my boat insurance policy cover storm damage? Having a boat can be a very huge responsibility. There is nothing scarier than learning a storm or hurricane is headed toward where you keep the boat. And this is where boat insurance comes in. Obtaining boat insurance coverage can help you reduce exposure to the risks of weather-related events like Floods, Lightning, Hail, Windstorms, and more. However, does storm make the list of covered damage sources?

Does Boat Insurance Cover Storm Damage

If you searching through the internet for the above question, and you have not gotten the right answer, you are welcome to the right article. This article is everything you need to know about if boat insurance covers storm damage or not. Read on to get the right answer.

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Does Boat insurance cover storm damage?

If your boat is damaged by a storm, your boat insurance coverage may help you replace or repair it, depending on the limits and details in your policy. Known as Named Storm Coverage, provide financial protection from damages caused by named weather-related problems. It is very important to take necessary precautions to protect the vessel from a weather event. Even if you have this type of coverage. However, you need to know that not all insurance companies offer this Named Storm coverage.

Also, boat insurance can provide you with financial protection if you have physical damage coverage on your policy. Although the coverage is optional unless you are financing your boat, the insurer will still help you to replace or repair your watercraft if it was damaged due to a weather-related event.

Does Boat insurance cover hurricane damage?

Yes, your boat insurance company may pay for damages to your boat caused by the hurricane. Unless it is stated otherwise in your insurance policy. You may have to check your policy condition and exclusions before filing a claim. Also, you can contact your boat insurance company to know if you are covered in case of a hurricane.  Just so you know, if it turns out that hurricane damage is not included in your policy, you can just add it. But this can increase your premium.

Can Boat insurance cover damage you are liable for due to a storm?

Property damage liability coverage covers damages you cause to another person’s boat, dock, structures, boat, or property.

Will boat insurance cover a leak in the boat’s hull?

Boat insurance can cover damages caused by leaks in the boat hull if you have physical damage coverage. This also applies if it is a result of a covered peril or storm damage. Just so you know, your boat insurance policy will not cover the leak or any other issues due to the lack of maintenance of wear and tear.

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What does boat insurance cover?

In this section of the article, let’s talk about what boat insurance covers. Most boat insurance policies typically cover;

Physical damage coverage

Physical damage coverage can help you replace or repair your boat if it was damaged due to; a storm, fire, capsizing, a collision with an object or another boat, and other weather-related damage.

Liability Coverage- this coverage can pay for damages and injuries you cause to other people or their property while boating. This coverage is always divided into two components; Bodily injury liability and property damage liability.

Property coverage

This coverage can help you place your belongings stored in the boat. Or being loaded in or out of it in case of theft or loss. Covered items may include, sporting and fishing equipment, sporting, boating accessories, radios, and many more.

Medical payments

Help you and your passengers with medical bills, if you are injured in your boat. Some policies may cover funeral expenses if you died in a boating accident.

Salvage coverage/ Wreckage removal

Help you cover the cost of recovering your boat if it is wrecked or sinks due to covered reasons. Not all insurers offer this coverage.

Pollution Liability/fuel spill cleanups

If you are responsible for fuel or oil spill, or the discharge of hazardous materials being transported on your watercraft. You are liable for the containment and cleanup cost.

Common additional coverage

Some additional coverage options available for boat insurance carriers include; Road assistance, On Water towing and Emergency services, Mechanical breakdown coverage, Uninsured/insured boater, Ice and freezing damage, Hurricane haul out and extending your Navigations limits. 

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How much does boat insurance cost?

The cost of boat insurance depends on where you live, as well as the value and size of your boat. For instance, ensuring a yacht will be more expensive than insurance a very small fishing net. However, the annual cost can range from at least $200 to over 1,000 per year.


Are boats insured in a hurricane?

The actual question is whether or not boat insurance covers hurricane damage. Yes, your boar insurance company might cover the damage done to your boat which is caused by wind or hail from a hurricane. You can communicate with your boat insurer to view your insurance policy and whether it includes coverage in case of a hurricane.

How does boat insurance cover damage from a storm?

It’s quite often that your boat might experience damage during storms. The coverage included in your boat insurance policy helps to cover the damages to your watercraft due to covered perils by paying for the cost of repair. However, if a liability-only boat policy is included in your boat insurance policy, any damage caused by a storm might not be covered.

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