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Boat Owners Insurance for your boat, houseboat, pontoon, yacht, powerboat, sailboat, and personal watercraft
Why should I get boat insurance?
Won't my home owners policy cover me?
What is usually covered in a typical boat owners policy?
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Boat Insurance Quote
Boat insurance is available for small boats, yachts, high performance powerboats, live-aboard houseboats, Catamarans, Pontoons, or personal watercraft. Marine insurance will cover intended use including personal recreation, commercial, or charter vessels.
Boat policies can cover damage to your boat, motor, trailer, and personal effects in the boat. Available coverage includes liability, medical payments, injury to a water skier and damage to the boat itself, sometime called hull coverage. Availability varies by state and by insurance company. Eventhough Boat insurance premiums are low, shopping your rate can sometimes save a substantial amount.
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Although there is no requirement that you have insurance for your boat, the experienced boat owner knows it is wise to do so.
Find calm water ahead when you select boat insurance from reliable insurance companies. You can choose from a variety of coverage options for yourself and your passengers, your boat, trailer, or equipment. You’ll even find coverage for your personal watercraft.
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BoatUS
Get boat insurance from the boating experts; they have been insuring boats for over 30 years and offer low rates, broad coverage and fast claims service for Bass, Cruiser-power, Houseboat, Multihull-Power, Multihull Sail Boat, Personal Watercraft, Pontoon, Runabout, Trawler.
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Yacht coverage is different and broader and more specialized because larger boats travel further and have
more unique exposures, which smaller boats under 26' doesn't have!
Why you need Marine Insurance Coverage?
These are scenarios none of us wish to contemplate, but they may happen at any time
- Your boat sinks, more often than not while in dock.
- You get sued because of damage caused by your wake.
- An oil spill creates an environmental hazard that you as the boat owner are responsible for
- Unlike automobile policies, existing marine insurance policies do not transfer to a replacement boat and new boats are not automatically covered.
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My homeowner's policy says something about covering a boat…why should I get separate boat insurance?
A homeowner's insurance policy will usually only cover small boats and even then the coverage is very limited. Consider this, the coverage amount is generally around $1000. That $1000 dollars has to cover the boat, an outboard or inboard motor, the trailer, and any accessories. Furthermore there are other restrictions you might not have realized. For example, if the loss is due to Theft you are likely to get less than otherwise. Also, many policies require that your boat be stored on the property where you reside... not at your vacation spots. Almost all policies will even limit where you can use your boat and be covered.
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What all are covered under Boat Insurance Policy
Boat Insurance Coverage
Boat insurance generally covers anchor, battery, bilge pump, bimini top, boat cover, deck chair, depth finder, emergency devices, fire extinguisher, fuel tank, boat furniture, generator, horn, floatation devices, lights, mast, mooring equipment, motor, engine, oars, refrigerator, seat, solar panel, stove, oven, tarp and trailer
No Coverage
Wear and tear, gradual deterioration, marine life, marring, denting, scratching, animal damage, osmosis, blistering, electrolysis, manufacturer's defects, defects in design, and ice and freezing.
Camera or video equipment, clothing, jewelry, watch, food or beverages, cell phones, portable Televisions, stereo equipment, water skiing or wakeboarding ropes.
Boating Education Discount
Some companies provide a boating insurance discount if you complete a qualifying boating education course that's sponsored by an approved organization such as the U.S. Coast Guard Auxiliary, United States Power Squadrons or a local state course approved by the National Association of State Boating Law Administrators (NASBLA) and recognized by the U.S. Coast Guard.
Read your policy carefully as coverage varies from company to company.
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Marine Insurance
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Helpful Hints
Some policies may restrict coverage from certain waterways, such as the Great Lakes or Gulf of Mexico.
If you fish commercially, be certain your policy does not exclude commercial use.
In some areas, it is possible to buy a policy that includes a "lay up" period during months that are too cold to use your boat. This can save money.
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