Boat Insurance 101: Don’t Let Hurricane Season Sink Your Boat!

The Essential Steps to Protect Your Investment

Boat owners understand the importance of protecting their vessels during hurricane season. In addition to implementing a comprehensive hurricane plan, having the right boat insurance coverage is crucial. Alongside standard coverage, there’s a specialized provision called “hurricane haul-out” that can provide added financial protection when securing your boat before a storm. Let’s explore the benefits of hurricane haul-out coverage and how it can help reimburse you for expenses incurred while safeguarding your vessels.

How to create and implement your Hurricane Plan?

Identify a secure storage location

This could include hauling your boat out of the water and storing it on dry land, docking it in a hurricane-rated marina, or securing it in a safe harbor. Research the options available in your area and make arrangements well in advance to ensure availability.

Adequate Docking and Mooring

If keeping your boat in the water during a hurricane is unavoidable, ensure that your boat is docked or moored in a well-protected area. Consider the strength and condition of the dock or mooring lines, and make any necessary repairs or upgrades. Consult with marina staff or local experts to determine the best location and methods for securing your boat.

Create a Checklist

Develop a detailed checklist of tasks to complete before a hurricane approaches. This can include steps such as securing hatches, closing seacocks, removing canvas covers, and disconnecting batteries. Having a checklist will ensure that you don’t overlook any critical steps during the stressful pre-storm preparations.

Removing Valuables and Equipment

Before a hurricane hits, remove all valuables, electronics, personal items, and important documents from your boat. This includes portable electronics, navigational equipment, fishing gear, and any other valuable items. By taking these items ashore, you minimize the risk of damage or theft during the storm.

Secure Loose Items

Ensure that all loose items on your boat are properly secured or removed. This includes sails, biminis, cushions, fenders, and any other items that can become projectiles in high winds. Stow or secure these items below deck or in a designated storage area to prevent damage to your boat or neighboring vessels.

Emergency Contacts and Communication

Maintain a list of emergency contacts, including local authorities, marina staff, and your insurance agent. Keep a copy of this list in a waterproof container or a secure digital format. Additionally, ensure that you have a reliable means of communication, such as a marine VHF radio or a charged mobile phone, to stay informed about weather updates and emergency notifications.

Evacuation Plan

Have a clear evacuation plan in place for yourself and any crew members on board. Identify safe evacuation routes, shelters, and alternative accommodations if necessary. Stay informed about local evacuation orders and follow the instructions provided by authorities to ensure your safety.

Hurricane haul-out coverage

Planning for the Haul-Out Claim

When a hurricane is approaching, securing your boat properly becomes a top priority. Here are some steps to consider when preparing for the haul-out process:

Get Estimates

Obtain prior estimates for the haul-out and storage fees to determine potential reimbursement under your policy.

Review your policy

Review your boat insurance policy to understand the deductible and coverage limits associated with hurricane haul-out expenses.

Document Expenses

To facilitate the reimbursement process, it’s crucial to document all expenses related to the haul-out process. Maintain detailed records of receipts, invoices, and any other relevant documentation. This documentation will serve as evidence when filing a claim with your insurance provider and help expedite the reimbursement process.

File the Claim

In the unfortunate event that you need to secure your boat due to an impending hurricane, it’s important to notify your insurance provider as soon as possible.

We can help

Creating a well-rounded hurricane plan for your boat involves not only implementing preventive measures but also having the appropriate insurance coverage. Hurricane haul-out coverage can help alleviate the financial burden of securing your boat before a storm strikes. By taking these proactive steps, you can safeguard your vessel and have peace of mind during hurricane season.

Contact us today and we can help you get this created and get the right protection to weather any storm! Start your Boat Insurance Quote today!

Tight lines and enjoy the water!