Watercraft & Boat Insurance

Having the right boat insurance policy for your watercraft can be an excellent way to protect yourself from costs related to property damage and medical expenses if an injury occurs. Our agency can assist you in learning more about your coverage options so you can be financially protected.

What Does Boat Insurance Cover?

Boat insurance policies generally depend on the type of coverage you select. Regardless, common boat insurance coverages include:

• Liability coverage helps cover expenses if your boat causes damage to another person’s property.
• Medical payments coverage helps cover medical expenses if you or a passenger gets injured on your boat.
• Boat insurance property coverage helps protect your boat from various risks and potential incidents by covering costs related to incidents such as theft or vandalism.
• Uninsured watercraft coverage helps cover expenses if an uninsured boater collides with you and causes injury to you or your passengers.

Other coverage options may be available. Our agency can help you learn about potential coverages to include in your boat insurance policy.

Is Anyone That Drives My Boat Covered?

Whether your boat insurance covers other drivers depends on the specifics of your policy. Generally, boat insurance policies include coverage for other drivers under the following conditions:

• Named drivers—Some policies require that any additional drivers be explicitly named on the policy. If they are not listed, they might not be covered.

• Permission—Many policies cover other drivers as long as they have your permission to operate the boat.

There may be restrictions based on the driver’s age, boating experience, and licensing. Some policies might not cover operators below a certain age or those without appropriate boating licenses. It’s crucial to consult your insurance provider to understand the specific terms and conditions of your policy thoroughly.

How to Get Boat Insurance

Home Loan Insurance is ready to help you learn more about boat insurance. Contact us today to request a quote or to learn more.

DISCLAIMER: “Insurance coverage cannot be bound or changed via submission of any online form/application provided on this site or otherwise. No binder, insurance policy, change, addition, and/or deletion to insurance coverage goes into effect unless and until confirmed directly by a licensed agent.”