Category: Boat/Watercraft Insurance

Mechanical upgrades can significantly enhance your watercraft’s performance, making your boat more powerful and easy to operate. Here are a few considerations regarding insurance coverage that should be addressed when dealing with mechanical modifications on your vessel.

Increased Coverage

With the addition of new mechanical parts, the potential for failures in your boat that could render it unsafe or inoperable increases. It’s vital to have all newly installed mechanical parts insured. This coverage ensures that in the unfortunate event of damage or theft, you’ll have ample protection to cover the replacement of these parts.

Account for Mechanical Parts

Consulting with the mechanic responsible for the upgrades is an important step in this process. They can provide a detailed list of all the new parts installed, which is invaluable when you need to update your current boat insurance policy to accommodate these changes.

Enhanced Security

Another key factor is the overall safety of your boat when out of operation. Investing in robust security equipment to protect your watercraft is in your best interest. Protecting your boat from exposure to the elements with a storage facility or a fitted cover can prevent potential interior and exterior damage.

Regular Inspections

Ensure your boat undergoes regular inspections. This can help identify any mechanical issues that need addressing, ensure the longevity of your boat’s components, and minimize the chances of replacing recently installed parts.

Final Considerations

Upon reviewing these mechanical upgrade considerations, you should be prepared to discuss the changes with an insurance agent. Reach out to one of our Kimberly J Brennan Agency representatives serving Patterson, NY. Our team, dedicated to understanding your unique needs, will prepare your boat’s updated insurance documents with attention to detail and professionalism.