Boat propellers are often out of mind as they are out of sight. However, propellers are incredibly important as they make boats move through the water from point A to point B and beyond. The last thing you want is to be stuck in the middle of a lake, river or ocean without a functional propeller.

Will insurance cover your boat’s propeller? Our boat insurance professionals serving Plymouth, MN, the land of 10,000 lakes, is here to help answer this important question.

Boat Insurance and Propellers

Boat insurance has its limitations. However, propellers are generally covered. As long as the damage to the propeller occurred as a result of a collision or contact with an object below the water, it will likely be covered.

From propeller strikes to collisions with other rocks, logs, boats and docks, all such accidents are typically covered.  However, there are some exceptions as detailed below.

Read the Small Print

Take a close look at your boat insurance and you’ll find certain policies include language accounting for mechanical breakdowns while others do not. Moreover, depreciation of propellers and other gear might not be covered by your policy. 

Reach out to your insurance carrier to determine if your coverage is applicable to your propeller. You might also be interested in adding on specific “endorsements” for additional coverage.

Anchor Insurance Agency LLP is on Your Side 

If you are in the market for boat insurance in Plymouth, MN, make us your first call. Pick our brains, ask questions, raise concerns and we’ll help you find the right insurance policy for your needs. You can reach our insurance professionals at Anchor Insurance Agency LLP by dialing 763-473-4090.

In Minnesota, many residents own a boat or another form of watercraft. If you’re a boat owner, it’s essential to cover not just your own boat, but your liability if you damage someone else’s boat or cause bodily injury. If you’re located in Plymouth, MN, Anchor Insurance Agency LLP is here for you. We’ll work with you to ensure you are adequately covered, whether you use your boat seasonally, recreationally, or year-round.

Mistakes Homeowners Make

Unfortunately, some Minnesota homeowners mistakenly believe their boat or watercraft is covered by their homeowners policy. This is not often the case, as many of these policies only provide limited coverage. Liability insurance will protect you if your boat accidentally causes injury or suffering to another person or damage to another person’s property. Without the right insurance policy, any boating incident can lead to repair costs, legal fees, and extensive medical bills. 

Misunderstanding Risk

For many boat owners, underestimating the power of a watercraft accident is another reason why liability insurance is often overlooked. While you may relax in your boat most of the time, unpredictable weather, crowds, and unexpected guests can increase the likelihood of an accident or damage to your vessel. Comprehensive protection matters for those who also lend their boat or watercraft to friends and family members. 

Understanding why liability insurance is often overlooked when protecting boat investments in Plymouth, MN, is crucial for anyone who owns a boat or watercraft. Even if you’re a new boat owner, the right insurance policy can make all the difference. To learn more about your options when it’s time to renew or obtain boat insurance, contact Anchor Insurance Agency LLP for your quote and consultation.