Boat & Watercraft Insurance — Coverage for Powerboats, Sailboats, and More
Boat and watercraft insurance may help protect your investment on and off the water. From powerboats to personal watercraft, coverage options may be available to address hull damage, liability, and boating equipment for a wide range of vessels.
Coverage Options
The following coverage options may be available for Boat & Watercraft Insurance. Availability, terms, and limits vary by state and policy.
Hull Coverage
May cover physical damage to your boat's hull and machinery from accidents, collisions, and covered perils.
Liability Coverage
May help cover costs if you are responsible for injury or property damage to others while operating your watercraft.
Boating Equipment
May cover onboard equipment such as anchors, life jackets, marine electronics, and fishing gear.
Trailer Coverage
Some policies may extend coverage to the trailer used to transport your boat.
Medical Payments
May help cover medical expenses for you or your passengers following a covered boating accident.
Agreed Value Options
Some carriers may offer agreed value or stated value policies, which may provide more predictable payouts in the event of a total loss.
Who May Need Boat & Watercraft Insurance?
Anyone who owns or operates a boat, personal watercraft, sailboat, or other vessel — particularly those with higher-value watercraft, financed vessels, or boats stored at marinas that may require proof of coverage.
Top 5 Reasons to Consider Boat Insurance
- Some states and marinas may require proof of liability insurance before allowing watercraft on public waterways.
- Boat repairs can be costly — hull damage coverage may help cover the expense of returning your vessel to the water.
- Liability exposure on the water can be significant, particularly in high-traffic boating areas.
- Boats are susceptible to theft and weather damage when stored; comprehensive coverage may help address these risks.
- If you finance your boat, your lender may require physical damage coverage as a condition of your loan.
Request a Boat & Watercraft Insurance Quote
Complete the form below and a representative may follow up to discuss available options. No obligation required.