Boat owners often joke that the two best days of boat ownership are the day they buy and sell the boat. This sentiment holds true unless your is stolen. Unfortunately, boat theft is a reality for some residents of Reno, NV, and we at Hinman & Associates Insurance handle such claims regularly. While you can’t change the past, responding appropriately can influence the future. Here are three steps to take if your boat is stolen.

1. File a Police Report

When your boat is stolen, the first action is to file a police report. The sooner you file, the fresher your memory of the incident will be, leading to a more accurate report. Prompt reporting also increases the chances of recovering your boat. A detailed police report is crucial when filing your insurance claim, so strive for accuracy and thoroughness.

2. Submit an Insurance Claim

Immediately file a claim with your insurance provider. The sooner you file, the quicker you’ll receive your settlement. Your insurance company may also assist in locating the boat using the pictures and documentation you provide.

3. Document Everything

Photograph every part of your boat and keep all related documents, such as the bill of sale, registration, and any other paperwork related to your watercraft. This information will be invaluable to the police during their search. Without this documentation, proving ownership of the boat if it’s recovered can be challenging.

At Hinman & Associates Insurance, we’ve been providing comprehensive watercraft insurance to customers in the Reno, NV, area for decades. If you’re seeking the ideal policy for your boat, contact us today.