Compare Boat Insurance Quotes
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Coverage built for the water: hull, liability, and towing. Tell us about your boat, and a licensed specialist will help you sort through your options.
Free, no obligation. A licensed specialist follows up by phone or email.
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/moHow 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 About Your Boat
A few details about the boat and how you use it. No commitment.
We Find You a Specialist
We match you with a licensed specialist in your state who handles boat coverage.
Go Over Your Options
They'll reach out by phone or email and walk you through your options before you pick anything.
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?
Coverage built for the water: hull, liability, and towing. Tell us about your boat, and a licensed specialist will help you sort through your options.
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.