Where you keep your boat when it’s not in use is just as important as how you operate it regarding comprehensive boater’s insurance. If you live on a lake or river, our agents at Insurance Source Solutions in Oklahoma offer advice on how to protect the boat you store at your own home dock and ways to determine if your policy will suit your needs.
Does Insurance cover Private Boat Docks?
Most homeowners insurance policies cover your own dock, but the property where it is located must be on the protected and owned property listed on your policy. However, if you dock your boat at another person’s property, marina, or public dock, you’ll likely need additional insurance.
Types of Home Insurance That Applies to Your Boat Dock
For most policyholders, a supplement known as other structure coverage will kick in for boat dock damages related to hail, wind, and storms. This is a segment of a homeowner’s property policy that also covers damage to other aspects of your home, such as:
- Detached Garages
- Guest Quarters
- Sheds and Barns
- Gazebos
- Greenhouses
- Driveways
Yet, if the pier or boat dock can be removed each season, it may be considered personal property, so you’ll want to ensure that a personal property policy covers it.
Types of Boat Dock Damage That’s Usually Not Covered
Even a comprehensive homeowner insurance policy might not cover certain damages. These include:
- Boat dock collapses
- Ice or freeze damage
- Flood damage
- Damage due to high wind or waves
Keep Your Boat Covered Regardless of Location
Whether you dock your boat on the water or prefer to keep it dry on land, we can help you ensure that you have the right policy in place. Contact Insurance Source Solutions in Oklahoma to get your questions answered and help you find the right coverage for you.
