When you customize your boat, you alter it from the condition in which it was insured. That means it’s time for you to update your policy with Manteca Insurance & Financial Services to make sure your boat is still fully insured.
What constitutes a customization that requires a boat insurance update?
- A new paint job, including a mural or exterior paint
- Adding a new awning or replacing a preexisting awning
- Upgrading or altering the motor
- Remodeling the galley or berth
- And more, ask your agent after performing any remodeling if it requires a policy update.
Why do I need to update my insurance policy?
You require updated insurance because your current policy only covers your boat as you purchased and insured it. Yes, your upgraded insurance may slightly increase your rate, but consider the alternative. If you don’t update your policy after spending money on customizations, none of your changes will be protected. That means that if you suffer an accident while on the boat, you will only be compensated for the original boat.
If something happens after you upgrade your coverage, you will receive compensation for covering the boat with the alterations, allowing you to purchase a new boat that is just as excellent as the one you lost.
Consider purchasing complete coverage when purchasing boat insurance. If you cause an accident, the liability insurance you purchase protects everyone on your boat as well as everyone on another boat. Property damage coverage covers any damage you make to another person’s watercraft. However, collision and comprehensive plans are required to protect your own watercraft.
Looking For Coverage in Central Valley, CA?
Contact Manteca Insurance & Financial Services to learn how to update your boat insurance and keep your watercraft safe on the lakes and rivers surrounding Central Valley, CA. Our agents are ready to help create a policy to keep you and your boat protected.