Does Watercraft Insurance Cover Collisions, Grounding or Striking Submerged Objects? 

Owning a boat can entail costs and risks that extend well beyond the purchase price. One of the most common questions boat owners have is whether their insurance covers on-water incidents such as collisions with other vessels, running aground and hitting submerged objects. The answer may depend on your policy, and understanding what your policy says before you need the coverage matters.

Understanding Collision Coverage

Collision coverage can help with damage to your boat when it strikes another vessel or a fixed object. It is often available as an add-on or included in a standard watercraft policy.

The Risks of Grounding and Submerged Objects

Grounding, where your hull contacts the lake or river bottom, and striking submerged objects like rocks or debris, are among the most common watercraft accidents boaters can face.  Policies may cover these incidents under physical damage or comprehensive coverage, but the specifics may vary by insurer and policy type.

Key points to understand include:

• Grounding damage may be covered under comprehensive or collision, depending on how your policy defines the incident.
• Submerged object strikes often qualify as collision events under standard policy language.
• Exclusions may apply if the damage resulted from negligence or operating in a prohibited area.
• Your deductible and coverage limits will determine your out-of-pocket exposure.

Reviewing these details with our agent can help you make sure you are not caught off guard after an accident.

Get Covered Today

Securing the right boat insurance coverage requires an understanding of the specific risks faced by boaters in Beaufort, NC & Morehead City, NC. Contact Willis Insurance today to review your options and request a quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.