Online Insurance Quote > Boat, Yacht & Watercraft Insurance
State Boat Insurance Center
A boat insurance policy insures you and your boat against liability and damage in the event of an accident. The types and amount of coverage you receive under a cheap boat, yacht or watercraft insurance quote will depend on the specific boat policy you purchase. Most boat insurance companies provide limited coverage for property damage for small boats such as canoes and small sail boats or small power boats with less than 25 per hour horse power under a homeowners or renters insurance policy. Larger and faster boats, yachts, and personal watercrafts such as jet skis and wave runners require a separate boat insurance policy. The size, type, value of the watercraft and the water in which you use it factor into how much you will pay for the boat insurance coverage. For physical loss or damage, boat insurance coverage includes the hull, machinery, fittings, furnishings and permanently attached equipment for an agreed value. We have provided here some of the cheapest resources on instant online cheap Boat Insurance Quotes, Yacht Insurance Quotes, Watercraft Insurance Quotes, Sail Boat Insurance, Pleasure craft insurance, Power Boat Insurance, Marine Insurance Quotes and Jet ski insurance Quotes for all states in USA! Complete just one page of questionnaire to get instant online and cheap boat insurance quotes from several reputed and trusted marine insurance companies and marine insurance agents!
What is covered by Boat Insurance Policy?
Normally, a Boat, Yacht or Watercraft Insurance Policy covers your boat, including manufacturer’s installed equipment and your outboard motor. If you own a sailboat, the policy also covers sails, spars and rigging. Whether it is in the water, on shore, in transit or in storage, your boat is protected against most accidental losses.
Which accidental losses to your boat and equipment are covered?
Your boat and equipment are protected against accidental losses resulting from theft; vandalism; lightning; windstorms; tornadoes; hail; fire; explosions; and collision with other boats, stumps, rocks and piers. They are also protected against accidental damage from collision while being transported. A cheap boat insurance can cover all of them.
What equipment is covered by a Boat Insurance Policy?
Normally, you automatically receive up to $1,000 per item and $3,000 total to cover boating equipment, which includes accessories of the insured watercraft that are not installed by the manufacturer. Additional coverage may also be purchased. This coverage applies to items such as boat trailers, marine instruments, portable TVs, anchors, oars, paddles, boat and motor covers, towropes, water skis, fire extinguishers, life preservers and other similar items. Various cheap boat insurance quotes should be compared and then best and cheapest boat, yacht and watercraft quote should be finalized.
Boat Insurance Update
How Does A Boat, Yacht or Watercraft Insurance Policy Protect Me?
Regardless of where you store your boat, you want to get it protected. A cheap boat insurance quote typically covers you from damage caused by; a collision, sinking, an accident, malicious mischief, vandalism. Most cheap boat insurance policies cover physical damage to; the hull, sails, machinery, furnishings, most on-board equipment, boat trailer for damage from an external cause. Your boat insurance needs differ depending on the type of boat or personal watercraft you own. Each policy provides detail on what is covered and what is excluded. Here you get cheap boat insurance quote from multiple providers which you shhould compare and verify before you commit to buy.
About Boat Liability Coverage
A boat, yacht or watercraft policy can provide coverage for damage to another boat or a dock, and for bodily injury or death to another person as a result of your negligent operation or ownership of the boat. It may also provide coverage for medical payments to others and coverage against injury to you caused by an uninsured boater.
Optional Boat Insurance Coverage
You may purchase optional boat insurance coverages, such as:
coverage for your personal property
coverage for your fishing equipment
coverage against injury to you caused by an uninsured boater
Passing a boating safety course will normally give you a discount on boat insurance and will increase your water safety skills. Boat safety courses are an excellent investment of time and money, regardless of your state's boating law. Each state has unique boating education requirements, and the boating rules, laws and regulations vary from state to state for obtaining a boat license or safety certification. Be sure to review the full legal requirements for your particular state. States with mandatory boating law require safety certification for some or all boaters. Only one state (Alabama) requires an actual boat license. However, many prospective students are not aware of state legal terminology, and search for information about a boat license or licence, or a captain or captains license.