A boat insurance policy insurance policy protects you and your boat against liability and damage in the event of an accident. It covers most watercraft with a motor including pontoon boats, fishing boats, leisure crafts and yachts. A personal watercraft (PWC) insurance policy provides similar protections but applies to your Seadoo or Jet Ski.

Both boat insurance and PWC insurance are not required in most states but are highly recommended to protect from the risks associated with boating activities.

Typically, home insurance or auto insurance does not provide you with the right coverage on your boat or personal watercraft. Most homeowners’s policies have restrictions based on size, horsepower, and damage coverage. Basically if you do not have a separate boat insurance policy or personal watercraft insurance policy, you are likely underinsured.

LIABILITY COVERAGE FOR BOATS AND PWCS
Liability coverage helps cover costs associated with bodily injury and property damages suffered by others.

COLLISION COVERAGE FOR BOATS AND PWCS
Collision coverage helps repair or provide a replacement if your boat or PWC is damaged in a collision.

COMPREHENSIVE COVERAGE FOR BOATS AND PWCS
Comprehensive coverage helps with the cost if your boat or PWC is damaged in most non-collision related incidents.

ON-WATER TOWING AND LABOR FOR BOATS AND PWCS
If you break down while on the water, this coverage will help pay for costs to tow it out of the water or get it in running condition on the water.