Compare Boat Insurance Quotes
Protect your boat and crew with coverage built for the water. Compare hull, liability, and towing quotes in minutes.
Free quotes in under 2 minutes.
Coverage Options
Hull Coverage
Repair or replace your boat after a covered loss.
From $15/moLiability Coverage
Pays for injury and damage you cause to others.
From $10/moTrailer Coverage
Protects your boat trailer on the road and in storage.
+$3-5/moTowing & Assistance
Emergency on-water towing, fuel delivery, and jump starts.
+$2-4/moCompare Top Providers
| Provider |
|---|
| Progressive |
| GEICO Marine |
| Allstate |
| BoatUS |
How It Works
- Hull + Equipment Coverage Protect the boat, motor, trailer, and onboard electronics against damage or theft.
- On-Water Liability Covers injury, property damage, and legal fees if you're liable for an accident.
- Emergency Towing & Salvage Pay nothing out of pocket if your boat breaks down or needs salvage.
- Year-Round Protection Coverage continues on trailer, in storage, at the dock, and on the water.
Tell Us What You Need
Answer a few quick questions about your coverage needs. Takes less than 2 minutes.
Compare Top Quotes
We show you your options side-by-side so you can compare before you choose.
Choose & Save
Pick the plan that fits your budget.
What to Look For
- A.M. Best "A" rating or higher
- Transparent pricing with no hidden fees
- Fast claims processing (under 48 hours)
- 24/7 customer support
- No financial strength rating listed
- Unusually low quotes with exclusions buried in fine print
- Pressure tactics or "limited time" pricing
- Poor BBB rating or excessive complaints
Frequently Asked Questions
Do I need boat insurance?
Most states don't legally require it, but marinas, lenders, and lake clubs usually do. A typical marina slip contract requires $300K-$500K in liability coverage. If you financed the boat, the lender will require full hull coverage until it's paid off.
How much does boat insurance cost?
The average boat insurance policy runs $200-$500 per year, or about $17-$42 per month. A 20-foot runabout worth $25K typically costs $280/year; a 30-foot cruiser worth $80K runs $650-$900/year. Price depends on hull value, horsepower, operator experience, and navigational limits.
What does boat insurance cover?
Standard policies cover: (1) hull damage from collisions, fire, theft, vandalism, and weather; (2) liability for injury and property damage you cause; (3) the trailer and outboard motor; (4) onboard personal property; and (5) optional towing/assistance. Check for exclusions like racing, teak surfing, or named storm limitations.
Is my boat covered by my homeowners insurance?
Sometimes, but only for small boats (usually under 26 feet and 50 horsepower) and only for very limited amounts ($1,500-$2,500). Liability is often excluded entirely. Anything larger than a jon boat or kayak should have a dedicated boat policy.
What is an agreed value vs. actual cash value policy?
Agreed value pays the amount you and the insurer agreed on at purchase if the boat is totaled — no depreciation. Actual cash value pays replacement cost minus depreciation, which can be significantly less. Agreed value costs slightly more and is strongly recommended for boats over 10 years old.
Ready to Save on Boat Insurance?
Protect your boat and crew with coverage built for the water. Compare hull, liability, and towing quotes in minutes.
Simply Insurance is a licensed independent broker. We may receive compensation from carriers when you purchase a policy. This does not affect the rates you receive.