Luxury Vanquish boat sank under unclear circumstances in the Miami River. No one was injured. The cause is under investigation by local authorities.
What happens if my boat sinks?
A sinking boat can happen suddenly and without warning. As long as you have some sort of comprehensive or full boat insurance policy, your provider should cover your boat if it sinks due to a potential source of damage, called a peril, that’s outlined in the policy. Examples of typically covered perils include fire, theft, storms, and vandalism.
Can a sunken boat be saved?
Whether it’s due to poor maintenance, a major storm, or an accident, sunken ships don’t necessarily mean all is lost. There is an excellent chance that your sunken boat can be salvaged
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