Though filing an insurance claim may be the last thing you want to do after you purchase your fishing, sailing, or speedboat, it is necessary when you are involved in an accident or when the boat is stolen or vandalized. Whether your boat spends more time at the dock, in your storage facility, or on the water, it is at risk of theft, damage, and other accidents. Luckily, insurance coverage offers the protection you need to repair or replace the boat when a risk occurs. Knowing how to make a boat insurance claim after an unexpected occurrence will give you peace of mind. At TAB Insurance Agency, LLC, we help Frisco, TX boat owners with various insurance services.
Here are basic steps on how to get that insurance claim underway after an unfortunate event of unexpected loss or accident:
Contact the police
When you are affected by crimes like vandalism, theft, or a severe accident, you must contact the police to report the incident.
Check the product disclosure statement
Reviewing your product disclosure statement helps you see if the incident is covered by the insurer and that it isn’t included as an exclusion. This also informs you of the excess amount you need to pay if need be.
Contact your insurer
Communicate with your insurance provider to get your claim process underway. You may be required to complete the claim over the phone, or fill out a written form.
You must provide evidence to the insurance company to validate your claim. Consider taking photographs of the damaged property and draft an incident report to describe what happened. You may also need to offer documentation like original receipts, police reports, medical certificates, valuation reports, etc.
If you are a Frisco, TX resident and you need assistance with boat insurance claims, consider contacting TAB Insurance Agency, LLC for more information.