Summer is the perfect time to take a boat out on a lake or the ocean, whether it is just to soak up the sun with friends and family, waterski or maybe fish. But a fun afternoon on the water could turn into a disaster should corroding parts give way to gradual leaks, and the boat unexpectedly begin to sink.
Unfortunately, when a boat sinks, that is likely the end of her simply because repairs to a sunken boat often cost more than the value of the boat; therefore, boaters want to prevent a sinking at all costs.
Approximately two out of every three boats sink at the dock or mooring, and the remaining 31% sink while underway. But according to a study by the Boat Owners Assn. of the United States (BoatUS), which analyzed boat insurance claims since 2006, most boat sinkings are preventable.
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