[Belmont Resident]

Originally Posted by upthesaukee

When I worked for General Accident Ins. Co, we wrote boat policies with a navigation policy in force, 10/31 to 4/1. Any damage occured during that period was covered by the policy, unless it was in the water. A boat stored on a trailer, on blocks, or in a marina dry dock area had full coverage, subject to the standard exclusions less deductible. If it was in the water and had any damage, zero coverage.

Our Homeowner policy would cover the boat out of water subject to the exclusions of personal property, and a deductible, which often times was higher than the deductible on a boat / yacht policy.

Any claim on your homeowners policy almost certainly mean a higher premiums as soon as the policy renews.