Boat Insurance
Sail, fish or cruise with confidence knowing you’re protected against damage, theft and liability on any waterway with coverage that keeps every trip afloat.
Why do you need coverage?
- Medical claims can follow boating injuries
- Marinas often require proof of coverage
- Personal liability claims can sink your finances
- Accidents can cause costly damage to boats and property
What does our coverage do?
- Covers costly injuries and property damage
- Protects your property against theft and vandalism
- Repairs or replaces your damaged vessels
- Can cover fishing, diving and other equipment
Protect your boat, crew and passengers.
Boating accidents can happen anytime, from the shore to the open sea. Safeguard from the most common risks that lead to injuries or costly repair with our coverage.
Collisions and impact damage
Hitting docks, debris or other vessels is one of the leading causes of injuries and costly hull or engine repairs.
Weather and storm damage
High winds, flooding and lightning can damage equipment, sink vessels or cause serious financial losses.
Theft and vandalism
Unattended boats and unsecured marinas are frequent targets for theft and vandalism, leading to major out-of-pocket costs.
Numbers to know
Property damage
$88M
in property damage was caused by boating accidents in 2024. (Marine Retailers Association, 2025)
Inland water accidents
1,726
accidents occurred on lakes and other inland waters in 2024. (Porter SImon Sierra, 2025)
Our boat insurance can cover
- Fishing, diving and other equipment
- Hull, machinery, fittings
- Replacement cost options
- Uninsured & underinsured boaters
- Personal liability
Frequently asked questions about personal boat insurance
Even though most states require boaters to pass a boating safety course, few states require boat insurance. That doesn’t mean you should sail or motor without it! Even if theft or damage to your boat or its contents isn’t a big concern, you are still exposed to liability risks. Without enough coverage, you could put yourself at risk of financial loss.
Small powerboats, with less than 25 mph horsepower, may be covered under your homeowner’s or renter’s insurance policy. Larger, faster boats may require a separate boat insurance policy. Check with your insurance agent to see what coverage you need.
Your vessel’s length, type, age, and horsepower are all factors in determining the type of coverage you need — or want. Also, where you cruise, your own boating and driving history, and any formal training or certification you have can all make a big difference.
Standard boat policies typically do not automatically cover paid crew members. The policies need to be specifically endorsed with P&I Coverage that includes coverage for paid crew.
A US yacht owner is not legally required by Federal or state law to carry specific crew insurance in the same way standard employers need workers' comp; however, under the federal Jones Act, the owners can be liable for illness or injury a crew member sustains while in employment of the vessel.
