Boat and Watercraft Insurance

Boats are a big investment. Our brokers are experts at finding the best rates on boat and watercraft Insurance.

Boat and Watercraft Insurance

Why you should have boat or watercraft insurance

Boat insurance is not required in the state, but it helps to have it. Home insurance policies can extend to boats, but there are limits. Home policies cover limited dollar amounts and also include limited scenarios of boat damages.

You want to protect your investment, and you can’t rely on home insurance to do that. Specific boat insurance will cover a broader range of risks that can affect your boat on and off the water.

What will boat insurance cover?

There is a wide variety of insurance options in, depending on your specific needs and budget. Discuss requirements with an agent at Family Insurance. Boat property damage liability will help cover you if you damage someone else’s boat or property. Bodily injury liability will protect you in case you injure someone else.

Property damage coverage will cover your watercraft. Property coverage for equipment is useful to cover fishing gear or scuba gear. If you have expensive equipment, you may need to insure this separately. Towing coverage will pay to transport your boat or trailer if it gets damaged and prevents you from getting it to a repair shop or your home.

Medical payments coverage can cover medical bills for injuries that either you or your passengers suffer from. Uninsured and underinsured boater insurance will help pay for repairs if your boat is damaged by someone who doesn’t have insurance.

What affects insurance quotes?

The boat type will affect the quote. A commercial fishing boat may be more to insure and will need more comprehensive coverage than just a smaller fishing boat. The storage and land transportation of your ship will also play a role. Do you leave your boat near a dock or do you tow it several miles to get into the water? A vessel that is docked may have different coverage needs than one that is stored in a garage.

Contact Family Insurance to get a quote on boat and watercraft insurance.