A boat and personal watercraft insurance (watercraft insurance) policy provides boaters with specialized coverage designed for your boat or personal watercraft. Insurance options range from personal effects replacement to fuel spill coverage, which means you can relax on the water knowing you're protected. Tips to Choosing Watercraft Insurance Watercraft insurance protects several kinds of boats and PWCs, which means watercraft insurance policies can differ based on what you have. Here are a few tips to help you find the right boat or watercraft insurance: Look beyond your homeowners policy. Your boat or personal watercraft may be too big or too expensive to be covered through a homeowners policy, which means you may need watercraft insurance to protect it. Most of our carriers accept boats up to 50 feet long and up to $250,000 in value, as well as personal watercraft up to 15 feet long and $27,000 in value. Even if your boat is eligible for watercraft insurance coverage under your homeowners policy, you still may want specialized coverages that you just can't get with a standard homeowners policy.
Consider specialized coverage.
Watercraft insurance coverages go beyond the scope of a standard homeowners policy to include Roadside Assistance, which covers towing of your boat or personal watercraft for free, as long as your trailer is covered; On-Water Towing, in case you're stranded on the water; and Uninsured Boaters coverage. You can also choose Fuel Spill Liability and Wreckage Removal coverage with watercraft insurance. Without these watercraft insurance coverages, you may end up getting stuck with the bill for cleanups and removals. Personal Effects and Fishing Equipment coverages are also available.
If you travel, make sure your watercraft insurance coverages go with you.
Some insurance companies limit where you can go with your watercraft and still be covered, or they charge you extra if you travel. With most watercraft insurance policy, you can follow the sun because you're covered at no extra charge on all inland lakes, rivers and navigable waterways of the continental United States and Canada, including ocean waters within 50 miles from the coast of the U.S. or Canada.
Think about replacement costs.
Boats and personal watercraft depreciate just like cars do. A homeowners policy will only pay you actual cash value for your boat or personal watercraft, which could make it difficult to replace if it's destroyed. With Total Loss Replacement, we'll replace your boat or personal watercraft with a brand new model if the loss is within the first five model years. We also offer Agreed Value coverage no matter how old your boat is.
Look for loyalty rewards.
Some of our carriers offer multi-policy discount when you have other coverage with them.