6 Common Boating Insurance Claims You Should Know

houses with boats

You might be wondering what it is with boating and why it remains to be one of the most popular hobbies for decades. Aside from being an inexpensive way to spend time on the water and providing opportunities for exploration and adventure, it is also a great way to make memories with friends and families. Spending quality time outdoors and connecting with nature can allow people to disconnect from the hustle and bustle of everyday life. 

This is why insurance plays an integral part in any boating experience. Understanding common boat insurance claims is a must if you want to protect your investment. Many boat owners are unaware of their coverage and may find themselves grappling with large financial losses in the event of an unexpected accident or incident. 

It pays to be proactive and knowledgeable about the types of coverage available. So, read on to learn more about the most common boating insurance claims. 

1. Theft

Unfortunately, boats are easy targets for thieves, as they offer ample opportunity for resale. Whether it is a smaller or larger boat, theft is a risk when parking your boat in a public or open space. The best way to protect yourself is to purchase comprehensive coverage that can help to safeguard your boat in the event of a theft or attempted theft.

2. Storm Damage

Storms can cause extensive and costly damage to your boat. Be it a hurricane, tornado, or other dangerous weather event, boaters may face extensive and expensive repairs due to a storm. Comprehensive boat insurance can help cover the costs of repairs and protect your boat from further damage.

3. Accidents

Boating can be dangerous, and accidents can happen to even the most experienced boaters. Boat insurance can help cover the resulting costs, including repairs and medical care, in the event of an injury.

4. Fire

Fire is a common, though often overlooked, hazard for boats. Especially in the summer, when there is an increase in the risk of fires, it is beneficial to have adequate fire insurance coverage. This can help protect your boat from any fire-related losses.

5. Collision

This is a must-have for any boater. Whether a collision is caused by a careless boater or a malfunctioning part, boaters may face substantial repair bills if they don’t have adequate collision coverage. To cover the costs of repairs in the event of a crash, take advantage of collision insurance. 

6. Sinking

Even in good weather, boats may suddenly sink for various reasons. This insurance covers repairing damage and associated costs, including salvaging any personal property lost in the sinking.


Boat insurance can help cover the costs of any legal claims or court fees. In the event of an accident, boaters can find themselves in a difficult situation if they don’t have the right insurance coverage. Hence, understanding the common boat insurance claims is the first step toward deciding what coverage you need. 

For the most reliable boat insurance in Florida, don’t hesitate to call Florida Manufactured Home Insurance Agency. We offer comprehensive coverage policies at the best prices. Get a free quote when you contact us today!