BOATERS BLOG

If you’re a boat owner or are considering purchasing one, it’s important to understand that, unfortunately, theft can occur at any time of year. Vessels can be taken from marinas, public docks, private driveways, storage yards, and even while anchored or moored. This problem affects all regions of the United States and all types of watercraft, from small runabouts to large yachts. Because a boat often represents a significant personal asset, taking steps to safeguard it is a matter of practical necessity, financial security, and peace of mind. Comprehensive boat insurance from NBOA provides essential financial protection in the event of theft, but marine insurance alone cannot prevent a loss. Combining adequate coverage with effective, preventative security measures significantly reduces the chances of your boat being targeted.

Understanding the Risk

According to the National Insurance Crime Bureau, 4,461 watercraft thefts were reported in the United States in 2022. Florida recorded the highest number (891 thefts), followed by California (656 thefts) and Texas (354 thefts). Naturally, the smaller, trailerable boats are often targeted more than larger vessels, with outboard-powered models being the most common type stolen. While some vessels are recovered quickly, owners may face the added challenge of replacing stolen equipment as well as the boat itself. So, here are a few ways to ensure your vessel is secured and a deterrent to theft.

A Secure Boat is a Safe Boat

Simple ways to ensure your vessel isn’t vulnerable to theft include never leaving your keys in the ignition or anywhere on the boat when unattended. Placing a “For Sale” sign on your watercraft for an extended period also makes it an easy target. Finally, removing batteries and shutting fuel lines disables the craft and can protect it from theft during the off-season. Check out more tips for securing your boat below.

Securing Your Boat on Land

If your boat is stored on a trailer, use a high-quality hitch lock to prevent it from being easily towed away. For extended storage periods, consider removing one wheel from the trailer and locking it in a secure location. The trailer frame should also be chained to a fixed object such as a sturdy post or a large tree. Storing your boat in a fenced yard, locked garage, or storage facility with monitored access further reduces risk. Positioning the trailer so that the tongue does not face the street makes it more difficult for a thief to connect and tow it quickly. Motion-activated lighting in the storage area adds an extra layer of deterrence.

Securing Your Boat on the Water

When your vessel is docked at a marina, choose a facility that provides 24-hour security, video surveillance, and adequate lighting. Notify marina staff when you plan to use your boat so they can detect unauthorized activity more quickly.

It’s best practice to secure your vessel to the dock using a steel cable and lock, especially over an extended period of time. If your boat is large enough to carry or tow a dinghy, know that a dinghy in the water is an easy target. If you can, stow it aboard the primary boat whenever possible. If it must stay in the water, use a cable and lock to secure it to the primary vessel. Onboard equipment, such as outboard motors and valuable accessories, should be locked to the vessel with marine-grade hardware. Strong, tamper-resistant locks can also prevent unauthorized entry by securing hatches and cabin doors.

Using Technology to Deter Theft

Modern security technology can significantly improve theft prevention. GPS tracking devices allow owners to monitor a vessel’s location in real time and can send alerts if the boat moves unexpectedly. Many systems also offer geofencing, which triggers a notification if the vessel leaves a designated area. Marine alarm systems detect motion or intrusion and can sound an audible alert while simultaneously notifying the owner through a connected smartphone app. Cameras designed for marine environments can be installed to monitor the vessel and capture evidence in case of suspicious activity.

Protecting Equipment and Documents

Remove all personal property, such as portable electronics and fishing equipment, from the boat whenever it is unattended. If removal is not practical, stow your items in a locked compartment out of sight. Use a diamond-tipped tool and etch identifying marks on all electronic cases, high-value rods and reels, TV sets, and other expensive personal items. Engraving identifying information, such as the vessel’s Hull Identification Number, on high-value items can make them harder to resell and easier to recover.

Never leave the original registration, title, or ownership documents on the vessel when it is not in use. Keep digital and paper copies in a secure location on land so they are available if needed for insurance or law enforcement.

The Role of Insurance

Comprehensive marine insurance protects against financial loss in the event of theft. Coverage can include the vessel, attached equipment, trailers, and personal belongings kept on board. NBOA Marine Insurance offers exceptional, all-risk insurance coverage for boats of every size, from the smallest to the largest, throughout the United States. Programs are available to protect an entire spectrum of luxury mega-yachts, sailboats, sport fishing boats, ski boats, personal watercraft, high-performance vessels, select charter vessels, yacht clubs, marinas, boat dealers, boat builders, and more. Policy terms vary, so it’s critical to carefully review coverage limits, deductibles, and exclusions. Some insurance policies also offer discounts for installing approved security devices such as GPS trackers or alarms.

In the event of a theft, notify law enforcement, NBOA, and marina management immediately. Provide detailed records, including photographs, serial numbers, and descriptions of the vessel and its equipment, to aid in recovery and claims processing.

Boat theft can occur in any location and at any time of year. You can significantly reduce your risk by combining secure storage practices, physical deterrents, modern security technology, and adequate insurance coverage with NBOA. The most effective approach is to make your vessel difficult to access, time-consuming to steal, and easily identifiable.

NBOA is committed to keeping you, your family, and your boat safe.

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