Boats and boat insurance are tricky enough to deal with as it is. There are a lot of potential accidents that could occur and affect your boat, both on and off the water. But what happens when you make any changes to your boat? Are customizations or renovations going to impact coverage? What could happen if you don’t report? Why is it important to report these changes to your boat/watercraft insurance provider? We’ll answer all this and more in this guide. If you’re shopping for boat/watercraft insurance, don’t deal with doing it all yourself. Come to us at JD Insurance Group, serving Beaumont, TX.
Do Customizations Affect Boat Insurance? If So, How?
Boat/watercraft insurance is designed to help you cover your boat as is. The moment that any changes are made to your boat, that’s naturally going to impact the price of your boat. If you’re not reporting any of these changes, you could end up with less coverage than you need to actually cover the damages or manage the replacement cost of the whole boat. However, there’s another key reason why you should always report any changes made to the body of your boat: you could end up dealing with claim denial if you don’t report changes. Many things may not be covered under a traditional boat/watercraft insurance policy. Take care to plan out changes, let your policy provider know as soon as possible, and buy any necessary add-ons to get the comprehensive coverage you need to cover the costs of repairs or boat replacement.
Get Boat/Watercraft Insurance With JD Insurance Group
No matter what type of boat or watercraft you have, you can rely on us at JD Insurance Group, serving Beaumont, TX, to help you find coverage. You can get started by reaching out to us today!