Watercraft & Boat Insurance Information
Why do you need insurance for your boat or personal watercraft?
Your home and auto policies may provide limited watercraft protection, but they typically aren’t enough for the real risks of boat ownership. A dedicated watercraft policy ensures you’re fully covered on the water and off.
- Repair or replacement costs after accidents or theft
- Medical expenses for passengers injured on your boat
- Liability exposure — accidents on the water can exceed your net worth
- Towing accidents that occur on land while trailering your boat
Things to consider and questions to ask your agent
- Can I afford the deductible if I need to file a claim?
- Is year-round coverage available, or does the policy exclude winter months?
- What discount programs are available for safe boaters?
- Do I have enough medical and liability coverage for passengers and third parties?
- Is emergency towing and assistance included?
- What is the claims process, and how quickly does this carrier respond?
- Does the policy cover my trailer and accessories?
Coverage details
Personal watercraft policies are flexible. Typical liability limits start at $15,000 and can go up to $300,000. Standard deductibles are $250 for property damage, $500 for theft, and $1,000 for medical payments. Trailers and accessories can be added to most policies.
