Watercraft & Boat Insurance
Ski boats, fishing boats, pontoon boats, sail boats, Jet Skis and other watercraft are fun, useful and often operated by family and friends of all ages. But they aren’t covered by most standard homeowner insurance policies.
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Watercraft insurance is critical. Your VIP Insurance adviser can help you secure the right watercraft-specific insurance policy. Our policies cover your boat of course, but they go beyond that to cover you personally should you (or a guest operator) be found liable for bodily injury or property damage to others.
In addition, we can advise you on the inclusion of specialized coverage for towing, wreckage removal, fuel spill liability, personal property carried on board and medical payments for passengers, including water skiers.
Why do you need insurance for your boat or personal watercraft?
You'll enjoy the water even more when you're not worried about the safety of yourself, your passengers or your investment. Here are a few things to consider:
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If you're in an accident or your watercraft is stolen, it costs money, often a lot of money, to fix or replace it.
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If you or any passengers are injured in an accident, medical costs can be extremely expensive.
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If your watercraft is responsible for damage or injury to others, you may be sued for much more than you're worth.
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Your watercraft also needs protection when it's on land. Accidents can happen while towing a watercraft.
Things to consider and questions to ask your VIP Adviser
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How much can you afford to pay if your boat or personal watercraft is in an accident, damaged or stolen?
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Is my boat or watercraft covered for use year-round?
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What discounts and programs are available?
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How much medical insurance and liability coverage is enough?
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Do I have coverage if I need to have my boat towed in an emergency?
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What's the process for filing and settling a claim?
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Does the insurance company have a good reputation for customer service? Is it known for paying claims fairly and promptly?
Home and auto insurance policies may provide limited coverage for personal watercraft. Talk to your insurance representative about coverage limits. You may want to consider purchasing a personal watercraft policy to protect yourself and your water vehicle in the event of an accident.
The personal watercraft policy covers:
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bodily injury
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property damage
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guest passenger liability
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medical payments
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theft
Liability limits start at $15,000 and can be increased to $300,000.
Typical policies include deductibles of $250 for property damage, $500 for theft and $1,000 for medical payments.
Additional coverage can also be purchased for trailers and other accessories.
You should talk to your insurance representative about the type of coverage that would best suit your needs.
Important Notice
Any submissions or payments made via this website do not constitute a binding agreement to your policy or coverage(s). Changes and payments to policies are not effective or binding until you, or any party involved, receive official notice from either your insurance agent, or your insurance company.