Boat Insurance

Why Do I Need Boat Insurance?

Boat insurance is essential for protecting your investment, yourself, and others on the water. Here’s why you need it:

1. Financial Protection – Covers the cost of repairs or replacement if your boat is damaged in an accident, storm, fire, or theft.
2. Liability Coverage – Protects you if you cause injury to others or damage someone else’s property while operating your boat.
3. Medical Payments – Helps cover medical expenses for you and your passengers if injured in a boating accident.
4. Uninsured/Underinsured Boater Coverage – Provides protection if you're in an accident caused by another boater who doesn’t have insurance or enough coverage.
5. Personal Belongings Coverage – Covers equipment and personal items on board, such as fishing gear, life jackets, and electronics.
6. Towing and Assistance – Pays for emergency services if your boat breaks down on the water, including towing, fuel delivery, or jump-starts.
7. Dock and Storage Protection – Provides coverage for damages that occur while your boat is docked, stored, or transported.

While some states don’t require boat insurance, marinas, lenders, and certain waterways may have insurance requirements. Having boat insurance ensures you’re financially protected and can enjoy your time on the water with peace of mind.