Boating is a fantastic way to enjoy the open waters, but it’s critical to understand your boat insurance, too. At Toney Insurance Services in Snellville, GA, we are often asked about what boat insurance covers and doesn’t. Understanding exclusions can help you avoid unpleasant surprises.
Wear and Tear
Typically, wear and tear is a common exclusion in boat insurance policies. Like cars, boats experience natural degradation over time. Regular maintenance issues such as rust, corrosion, and general aging are usually not covered. This highlights the importance of consistent maintenance to keep your boat in good condition and avoid expensive out-of-pocket repair costs.
Damage from Marine Life
When boating, encounters with marine life are inevitable. Nonetheless, damage caused by marine creatures like sharks, whales, or even smaller organisms like mussels and barnacles is generally not covered. You might have to pay for repairs if your boat sustains damage due to these natural encounters.
Faulty Machinery
Another exclusion to be aware of in your policy is damage caused by faulty machinery or mechanical breakdown. If your boat’s engine fails or another mechanical part malfunctions, insurance often won’t cover the cost of repairs or replacement. Routine inspections and maintenance can help minimize the potential risk of mechanical issues.
Intentional Damage or Negligence
Insurance policies generally exclude intentional damage or negligence. This includes accidents resulting from reckless behavior or disregard of safety guidelines. Following boating regulations and using your boat responsibly is vital to safeguarding your coverage and protecting everyone on board.
Grasping these common exclusions can help you navigate your boat insurance policy more effectively. At Toney Insurance Services in Snellville, GA, we’re committed to clarifying your coverage and ensuring you have the protection you need on the water. Do you have questions or need a policy review? Contact us today and sail with confidence.
