Many boat owners wonder if they need insurance coverage during the winter months when their vessel is stored and unused. At The Ryan Insurance Agency in Clarkston, MI, we help boat owners understand why maintaining year-round coverage is essential to protect their investment, even when their boat is winterized and stored away from the water.
Storage Doesn’t Eliminate All Risks
Your boat faces several risks even while in storage, and insurance can help cover these potential issues. Fires can devastate storage facilities, destroying multiple boats at once. Severe weather events, such as windstorms, hail, or heavy snow, can damage stored vessels. Theft is another concern, especially for boats stored outdoors or in less secure facilities. Additionally, vandalism can occur when boats are left unattended for extended periods.
Mechanical and Structural Issues
Winter storage can create unique problems for your boat. Freezing temperatures may crack engine blocks if winterization wasn’t done properly. Rodents often seek shelter in stored boats, causing costly damage to upholstery, wiring, and electronics. Moisture buildup can lead to mold growth and structural deterioration. These issues can be costly to repair and may not be covered by standard insurance.
Liability Concerns Continue
Even stored boats can pose liability risks. If your boat causes property damage at the storage facility or injures someone during maintenance visits, you could face significant financial responsibility. Many storage facilities require proof of insurance before accepting your boat, making coverage a practical necessity rather than an option.
Year-Round Protection Makes Sense
Maintaining continuous boat insurance coverage eliminates gaps that could leave you vulnerable and is often more cost-effective than canceling and restarting policies annually. Winter storage presents real risks that insurance can address affordably. Contact The Ryan Insurance Agency in Clarkston, MI, today to discuss year-round boat and watercraft insurance options that protect your investment through every season.
