Your boat is as much of a motor vehicle as a car, truck or SUV. It also has significant value attached, and you must operate it safely and in compliance with both local and universal boating safety regulations.  

Still, there’s no guarantee you won’t run into trouble from time to time, and when problems occur, they could be very costly. By being able to tap into boat insurance for compensation, you will be able to cover the requisite recovery costs. As a result, you won’t face financial insecurity just as you try to recover from a boat-related accident.

All in all, your boat insurance will cover unexpected, unavoidable losses related to a host of marine accidents. The coverage included within your plan can include:

- Physical Damage: Boat insurance covers the boat and its attached fittings and fixtures from fire, theft, vandalism, wind, hail or collision. 
- Medical Payments: Medical payments coverage covers medical expenses for the policyholder and their passengers after an accident. 
- Liability Insurance: Liability covers bodily injury and property damage the boater may cause to someone else in an accident. 
- Guest Passenger Liability Insurance: Guest passenger liability covers expenses if a permissible passenger causes an accident while operating the boat.

Your plan can also contain a host of other benefits, such as:

- Salvage Coverage
- Pollution Liability Insurance
- Tow Trailer Coverage
- Agreed Value Insurance
- Personal Effects Coverage
- Fishing Equipment Coverage

Your boat insurance limits need to be adequate to help you replace you boat (without a significant financial loss to yourself) following a total loss scenario.  

You should also pay close attention to the value of your liability coverage, given that it will help you compensate others when an accident is deemed your fault. You don’t want to face a significant financial loss trying to pay for an expensive accident lawsuit, so your liability insurance must help minimize this risk.

Boat insurance generally is not required unless you are operating commercially. However, if you finance your boat when you buy it, your lender might require you to purchase minimum amounts of physical damage coverage.

Boat insurance rates vary depending on several factors, such as your:  

- Credit score 
- Claims/driving history 
- Value of the boat 
- Location  

We understand that your boat insurance’s cost is going to be important to you. That’s why we will work with our carrier partners to ensure that your policy provides only the right amount of coverage for you, at prices you can afford. Plus, you can often bundle your boat insurance with your auto, home or other personal insurance benefits to maximize your savings capacity.