Embark on worry-free maritime adventures with GEICO Boat Insurance, a comprehensive solution tailored to safeguard your watercraft and elevate your boating experience.
As a leading provider in the insurance industry, GEICO Boat Insurance offers a range of coverage options, ensuring peace of mind for boat owners navigating diverse waterways.
Does GEICO boat insurance cover personal watercraft?
Can I customize my GEICO boat insurance to cover racing events?
Obtaining a boat operator’s license with GEICO boat insurance
To operate your boat with GEICO insurance, having a valid boat operator’s license is a must. This license, different from boat registration, confirms your ability to navigate safely.
Each state has specific requirements for obtaining this license, and you can find them on your state’s boating agency website or by contacting them directly.
GEICO encourages safe boating practices by offering a discount on your insurance premium if you complete a boating safety course.
These courses cover essential aspects of responsible boating, and upon completion, you receive a certificate.
GEICO recognizes courses approved by the National Association of State Boating Law Administrators (NASBLA) and earning this certificate not only helps you qualify for a boat operator’s license in your state but also makes you eligible for a discount on your insurance premium, ranging from 5% to 20%.
This initiative aims to promote safe and informed boating practices while providing financial benefits to policyholders.
Navigating GEICO boat insurance claims after a hurricane
While GEICO boat insurance provides substantial coverage, navigating the aftermath of a hurricane reveals certain challenges.
Hurricanes unleash powerful forces—strong winds, heavy rains, high waves, and storm surges—posing a threat to your boat and its contents.
GEICO boat insurance steps in to cover specific aspects of damage or loss after a hurricane, including:
Covered After a Hurricane:
Physical Damage: Repairs or replaces your boat due to covered perils like fire, theft, vandalism, collision, or sinking.
Uninsured/Underinsured Boater: Shields against bodily injury if hit by an underinsured or uninsured boater.
Personal Effects: Safeguards personal belongings carried on your boat, such as clothing, sunglasses, or cameras.
Not covered after a Hurricane:
Exclusions: Liability, medical payments, emergency assistance, mechanical breakdown, and total loss replacement are not covered after a hurricane.
Navigating GEICO Boat Insurance Claims Post-Hurricane:
Prepare Your Boat for the Hurricane:
- Secure your boat in a safe location, remove loose items, and document its condition with photos or videos.
Report Your Claim to GEICO:
- Post-hurricane, inspect your boat for damage, and promptly report your claim to GEICO online, by phone, or through the mobile app.
- Provide essential information, including your policy number, contact details, incident date and location, and a description of the damage or loss.
Cooperate with GEICO:
- Upon claim reporting, GEICO assigns a claims adjuster who will review your claim, verify coverage, and inspect your boat.
- Cooperate with the adjuster, providing requested documents like receipts, invoices, or repair estimates.
Receive Your Payment:
- After completing their investigation, the claims adjuster determines your payment based on policy limits, deductibles, and depreciation.
- GEICO disburses your payment via check, direct deposit, or electronic funds transfer. Utilize the payment for boat repairs, replacement, or covering incurred expenses.