Most boat insurance offers standard protections for physical damage and boater liability. This coverage varies depending on factors such as the vessel type and size, anticipated length of use each year, your port of registry, and expected travel routes.

Basic boat and marine insurance should:

  • Cover collision damage repair or replacement
  • Protect you from property damage to someone else’s boat or personal property.
  • Include bodily injury liability insurance for injuries arising from boat use.
  • Provide comprehensive compensation if your boat is stolen, vandalized, or damaged outside of a collision.

Insurance compensation amounts for a submitted claim depends on your deductibles, coverage limits, and whether you selected an insurance policy that covers your boat’s actual cash value, replacement cost or an agreed upon value.

Most boat and marine insurance is designed for larger, motorized vessels. If you own a canoe, kayak, or other small watercraft, look to your homeowner’s policy for limited coverage or purchase supplemental insurance. Ask your insurer if they offer a safe boater discount for completion of approved boating safety course or advanced operating instruction.

Boat & Marine Insurance Providers Serving VA, MD, and DC