State Farm: Top 3 Causes of Boat Damage

Submerged objects such as trees and rocks cause more damage to boats than marine mammals, according to State Farm. The company wants boat owners to know the common causes of boat damage.

Claims data from State Farm, the nations’ largest property insurer, indicates the most common cause of identifiable boat damage is striking a submerged or floating object, representing 31 percent of all losses submitted to State Farm in 2014 in the United States.

Wind and hail damage is the second most common cause of claims, accounting for 13 percent of the State Farm total in 2014.

Collision with a fixed object, such as a dock, was third with almost 8 percent. Collisions with another watercraft represent only a small percentage of losses.

Source: State Farm