The summer season in Coppell, TX can be fun, especially when it involves getting in the water. However, things can quickly turn ugly and leave you stranded for hours waiting for help, and the situation can either worsen or get better depending on whether you have boat insurance or not. At The Select Insurance Agency, we recommend buying boat insurance before getting into the water, whether it is a fishing boat, speed boat, or sailing boat.
Making a boat insurance claim
Whether your boat is sitting at home or spends most of its time in the water, it is at risk of getting involved in accidents, theft, or damages. If you have boat insurance, filing a claim when the unexpected happens is the first step into recovering from damage or loss. You can file claims for the following perils:
- Boat theft while in storage
- Collision with another boat
- Hitting an underwater object
- Storm damage
- Boat theft while anchored
How to make a claim
The first and probably an essential thing to do is to notify your insurance company. If it is an accident that happened on your watch, make sure to narrate the whole incident while it’s still fresh in your mind. Be sure you have your name, address, phone number, and other personal details with you as your insurance agent will enquire and collect all this information before reviewing your coverage.
Your insurance company will then initiate the compensation based on your limits and make the necessary replacement or repairs based on the damage. Minor claims can be handled over the phone and reimbursement made via online transfer depending on the agreement and terms of service. In this case, your insurer does not need to come to you physically.
Visit our Coppell, TX offices if you still have further questions on how to make a boat insurance claim or call and speak to our agents at The Select Insurance Agency.