Do I Need Boat Insurance in the Off Season?

12/3/2020

Here are some points to remember: The length of boat season varies by location, and your premium is based on the average use in your area. Even so, your policy can provide year-round coverage. Remember that damage or theft can happen at the dock or in storage.

Question Insuring my boat for a full year seems like a waste. Around here, boating season only lasts about four months. What are my options for all the months my boat just sits at the marina?

Art Rusak, a Farmers Insurance® agent in Chicago, Illinois, gives his take on insuring your boat.

Answer I get this question every week because Lake Michigan is right outside my office window. We have plenty of boat owners here in Chicago, even though the off season is just as long as the on season.

Wherever you’re located, the length of the boating season is already factored into your rate. We know that boaters aren’t going out year-round in most places. Your premium is based on typical annual use for your geographical area, however long or short the period might be.

Also keep in mind that your boat when your boat is insured it is covered even when it’s docked or in storage. Your policy can cover things like sinking, weather damage, vandalism and theft — which can happen any time.