What is Boat Coverage?

A boat policy insures you and your boat against liability and damage in the event of an accident. The types and amount of coverage you receive depend on the specific boat policy you purchase.

Factors to consider:

  • Age of Boat
  • Length
  • Value
  • Speed/Horsepower
  • Condition
  • Primary residence
  • Type (Inboard, Outboard, utility, cruiser, bass boat, saltwater fishing boat, performance boat)
  • Houseboats with or without a motor
  • Ownership (more than 2 owners)
  • Where it will operate (Ocean, lakes, bays, rivers, Great Lakes)

Your Homeowners Policy may include a boat rider. Nonetheless your home insurance may not provide you with the right coverage on your boat or personal watercraft. Most homeowner's policies have size restrictions, as well as limitations on horsepower, and damage coverage. Exact coverage limits vary by state, underwriting company, and contract. The most important thing to remember is that if you don't have a separate boat insurance policy, you're typically underinsured.

Marine insurance covers a wide array of watercraft. You may be surprised to find what can be insured. Marine insurance policies include:

  • Boat
  • PWC/Watercraft
  • Yacht
  • Sailboat
  • Dinghy
  • Boat & PWC Rental
  • Boat Clubs
  • Professional (ProAngler, Fishing Guides & Charters)

You may also be able to add extra coverage. Available options may include: medical payments, personal effects, uninsured boaters’ liability, and towing and assistance. Most policies will cover permanently attached equipment, as well as items like anchors, oars, trolling motors, tools, seat cushions, and life jackets.


Contact us for a quote today!