Boat Insurance

What is boat insurance?

Boat insurance protects your boat whether you have a personal watercraft, sailboat, or another type of motorboat. The coverage can focus exclusively on your boat or it can also extend to boat trailers, boat geo-location instruments, towing coverage and also special equipment such as fishing gear. Do you have a boat? If so, you may want to consider boat insurance to help protect your vessel. Read more about our boat insurance and how it can help you avoid a significant financial loss if something happens to your boat.





Standard Boat Coverage

  • Collision
  • Comprehensive
  • Medical Pay
  • Uninsured Boaters
  • Bodily Injury and Property Damage Liability

Most companies offer the standard set of coverages as well as specialized coverage on boat policies. Special coverages can come in handy. Emergency towing and wreckage removal can be very expensive if you do not have the coverage included.

Who needs boat insurance?

Anyone who has a boat should have boat insurance. There are different coverage types for each situation and piece of equipment, but if you have a boat then you want to be protected. This is particularly important if you plan to operate your boat. If you run into an uninsured boat, you will be able to repair your boat using uninsured watercraft coverage. If you operate a boat and run into another boat, how will you afford to pay for the legal damages? With insurance, this can be covered. Without insurance, you are on the hook for a large out-of-pocket expense.

How does boat insurance work? What are the coverages?

Boat insurance works to protect you if someone steals your boat, someone damages your boat, someone injures you while you are on your boat, you injure someone else while they are on their boat with your boat or you damage someone’s boat with your boat. All of these scenarios are unfortunate, but they can sometimes be unavoidable. If you have boat insurance, you will be able to repair your boat or the boat that you damaged. Boat insurance covers boats that are on the water or on land in storage.

For more information about boat insurance, contact us today. We would be happy to help you understand more about your coverage options and keep you safe on the water.