You knew this might happen. Boats are fun for those weekend fishing trips, but boats take damage, and they may sink. So you did the smart thing and took out an insurance policy on your boat.
The bad news is that your vessel of pride and joy is at the bottom of Lake Red Rock. The good news is you may be able to collect enough money to buy a new boat. Trust us, getting that money will be easier than hauling Old Betsy back on shore.
File that Claim
First, make sure everyone involved is safe. Once you’re sure of that, report the loss to your insurance company as soon as you possibly can. Give them all the details. If necessary, you may file a government report. You may need one in certain claims such as if criminal activity was involved. (Not on your behalf, we kindly assume.)
Document all the damage that took place. This may require some underwater photography. If you think your boat can be repaired, wait until your insurer has all the information necessary to make a claim. An exception would be anything time-sensitive, of course. In any case, if you need repairs get them done by a professional. Work together with your insurance agent, and you may stand to collect enough to repair or replace your boat. Do not discuss the fault or cause of the accident with anyone.
Maschoff Insurance Serving Ankeny, IA
If you are in the Ankeny, IA area and have a boat you’d like insured, don’t hesitate to get in touch with Maschoff Insurance. We are dedicated to knowledgeable service and helping you the client get everything you deserve so that you can continue on with many years of happy sailing.