What Happens If Your Boat Sinks? Claims, Coverage, and What to Do Next

Boating is a beloved pastime, but even the most careful boaters can face unexpected accidents. If your boat sinks, the experience can be financially overwhelming. At Lamas Insurance Agency, we understand how stressful this situation can be, and we’re here to guide you through the recovery and insurance claims process.

What to Do Immediately After Your Boat Sinks

Your safety comes first. Make sure everyone on board is accounted for and safe. If there are injuries, contact emergency services right away. Once everyone is secure, consider these steps:

• Take photos or videos of the sunken boat and surrounding area.
• Record the time, location, and circumstances of the incident.
• If possible and safe, try to minimize additional damage or environmental impact.

Filing a Boat Insurance Claim in Texas

After a sinking, contact your insurance provider as soon as possible. Our team at Lamas Insurance Agency can help you gather the necessary information and file your claim efficiently. Here’s what to expect:

1. Understand what your boat insurance covers, including physical damage, liability, and any optional add-ons.
2. Provide photos, a written account of the incident, and any witness statements.
3. An insurance adjuster may inspect the site or request additional information to assess the loss.
4. You may need to obtain quotes for salvage, repairs, or replacement.

What Coverage May Apply?

Boat insurance policies often include:

• Physical damage coverage, which may help repair or replace your boat after a covered event like sinking, collision, or severe weather.
• Liability coverage, which may cover costs if your sunken boat causes damage to others.
• Towing and assistance, which may help with the recovery or removal of the vessel.
• Optional add-ons, which may include coverage for trailers, equipment, or personal belongings in the vessel.

If you have questions about your boat insurance or need help after a sinking, don’t hesitate to reach out. Contact us today for personalized assistance.

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.