‍

The Impact of Georgia’s Weather on Watercraft Insurance

As a coastal state, Georgia may be subject to severe weather conditions. This is particularly true from June through November when the Atlantic hurricane season threatens to pummel even inland areas like Atlanta with tropical storms and hurricanes. Given these potentially perilous forecasts, the watercraft insurance industry must take note of such conditions and adjust accordingly. Fortunately, by working with a qualified insurance professional, such as those at Peachstate Insurance, you can grasp how Georgia’s weather may impact your watercraft coverage.

How Might Weather Affect Watercraft Insurance?

Weather patterns and geographic locations are among the most influential factors carriers must consider when quoting rates for watercraft insurance. Also known as boat insurance, these policies establish contractual agreements between you and your insurance company.

When considering the weather, insurance companies may question how and where you use your watercraft. For example, if you dock your vessel in Savannah or otherwise along the Atlantic Coast, you may need to pay more for coverage due to the perceived increased threat level of hurricanes and other tropical storms along the coastline. Conversely, boaters who store their watercraft on dry land or along inland bodies of water, such as Lake Lanier, may be perceived as less risky as it pertains to weather conditions and, therefore, enjoy reduced premiums.

What Else Might Impact Watercraft Premiums?

It’s important to note that while Georgia’s weather can help determine your insurance costs, many other factors must be considered, including your location, the details of your vessel (e.g., make, value and age), your boating experience and driving records. Additionally, your coverage selections, such as your deductible, endorsements and policy limits, will play significant roles when calculating premiums.

We’re Here to Help

Contact Peachstate Insurance today to learn more about watercraft insurance or to compare personalized quotes.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.

‍