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Filing A Claim
Home » Boating » Boat Insurance » Filing A ClaimBe sure to get a phone number to call in case you have a claim. Determine whether you call your agent, the underwriter, or a third-party claims adjuster.
Remember that under federal law you are required to file a boating accident report with the U.S. Coast Guard if you are involved in an incident that results in loss of life, personal injury that requires medical treatment beyond first aid, damage exceeding $500, or complete loss of the boat. If there is a death, injury, or disappearance of a person the report must be filed within 48 hours. In the other cases the report is due within ten days. The insurance company will probably require a copy of the accident report to process your claim. Insurers handle claims every day, and the agent or adjuster probably wants to see that yours is processed as quickly and fairly as possible. To do so he or she will need full information about the loss, including location, date, time, persons involved and present, weather, and circumstances. It’s important to take good notes. If possible, get names and phone numbers of witnesses or anyone who participated in any rescue or recovery. Buy a notebook or make entries in the vessel’s log detailing events leading up to, and subsequent to, the loss, and all expenses involved. Be sure to keep receipts for all expenditures, including services, parts, and any expenses you incur in the course of recovering and repairing the boat.
RESOURCES:
WWW.BOATUS.COM
WWW.STATEFARM.COM
WWW.GEICO.COM
WWW.NRMA.COM
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