Boat insurance
Save money on boat insurance that is tailored to your needs.
For many boat owners, boats and watercraft are an integral part of their lifestyle. This is why it is so important to make sure that you and your boat are protected.
At a reasonable price, we can help you get the required boat insurance coverage. Start your free boat insurance quote now to see how much you might save by only paying for what you need.
Use these boat insurance savings to save money.
We can help you find something that’s affordable.
Boat Safety Course
You may qualify for a Boat Course Discount if you or a household member have completed an approved boat safety course.
Recognition for Boat Ownership
A premium discount of up to 5% is available to you if you have owned a boat for two years or more.
Mix and save
- You may be able to save money by combining your auto and boat insurance.
- Have additional inquiries? No problem! We’ll walk you through each step, including making sure you get any discounts or savings that apply.
You can save a lot of money by bundling your insurance!
You may be able to save money by combining your auto and boat insurance! But that’s not all. You can save money on homes, vehicles, RVs, and renters by buying extra items together. We can help you get the insurance you need at a reasonable price!
We also make it easy and quick for you to acquire a quote. Discover why clients have trusted us with their insurance needs for over a century!
Customized protection for your boat insurance policy
Liability coverages
This helps cover any injuries you might inflict as well as any damage to other people’s property if you are at fault for an accident.
Protection against bodily harm
This protection covers a portion of the costs if your yacht is damaged. This category may include damage to the engines, hull, attached or unattached equipment, and other objects.
Extra protection
By including these coverages, you can improve your peace of mind. Many of these coverages can increase your level of protection when paired with physical damage coverage.
Why should I get yacht insurance from Liberty Mutual?
- With a “A” (Excellent) financial grade from A.M. Best Company, we have been helping people just like you protect the things they value for almost a century.
- Savings? We have those, too! You may be able to save money by combining your auto and boat insurance.
- Start your quote today to see how much you may save by just purchasing what you need.
Download the Liberty Mutual app right now!
Access your identification cards.
Save your ID cards on your device so you’ll always have them available when you need them.
Take care of your bills and pay them.
- You may pay your invoices, change your billing preferences, and enable autopay with a few easy clicks.
Monitor and submit claims
- From asking for roadside assistance to filing a claim in a few minutes, we are here to help anytime you need us.
Frequently asked concerns concerning boat insurance
What is covered by yacht insurance?
There are many different types of boats and companies to choose from. Considerations include the company’s standing and the kind of coverage you need. You may enjoy the water with confidence since you and your boat are protected from unanticipated hazards. We can help you with things like that.
Which other types of watercrafts are covered by insurance?
These other types of watercrafts are also covered by our insurance.
- Jet skis and yachts
- Pontoons are boats that
- Fishing boats
- Powerboats
- Personal watercraft, or PWCs, are sailing boats.
Is yacht insurance necessary?
If you own a boat, watercraft, or yacht, it’s a good idea to get some sort of watercraft insurance to help protect you and your assets financially from any accidents or damage experienced while boating.
You should think about whether you can afford to pay out of pocket for any injuries and/or damages brought on by an accident in which you were at fault.
However, most states do not have a legal requirement, except for Arkansas and Utah. Just make sure to ask the state where you intend to boat.
- You may need to carry insurance on your boat in specific circumstances, like
- For the yacht you financed, the lender needs insurance.
- You go to or utilize ports, harbors, or storage facilities that
Is my boat covered by my homeowners insurance?
Some homeowner’s insurance policies may limit coverage for boats. Even so, there will probably be restrictions when it’s off your land or at sea. This is because homeowners insurance does not cover a boat on the water.
- Furthermore, a lot of homeowner’s policies include limitations on
- The watercraft’s size
- Where did anything happen?
- Limitations on liability coverage (where applicable), among other things
- Check your insurance and purchase any additional coverage you may need.
Regardless of where you’re docking or whether you’ve financed your boat, you need carry insurance in case of an accident. Boats and other watercraft are important assets that must be protected. Your yacht’s insurance policy can protect you and your boat against circumstances such as
What is the cost of yacht insurance?
- The cost of insurance depends on a number of criteria, including the boat’s worth or value, storage location, supplemental coverages, and more.
- For example, buying insurance for a million-dollar yacht may cost more than buying coverage for a ten-foot boat with a single engine.
- Although getting the best deal might seem like a great idea, it might wind up costing you money just when you need it most. We can help you locate something that is affordable.
How should I evaluate rates for boat insurance?
It’s usually a good idea to get many rates to help with comparing. Whether your objective is to investigate prices or obtain what you need immediately, we can help you discover it. When comparing estimates from different carriers, be sure to look at comparable coverages, limits, and deductibles.
Does completing a boat safety course result in a discount?
Yes. You may qualify for a Boat Course Discount if you or a household member have completed an approved boat safety course. You may also qualify for a discount if you are currently serving in the US Power Squadron or US Coast Guard Auxiliary.
Please be advised that in order to qualify for this discount, a copy of your boat course certificate of completion must be presented.
Does my boat insurance policy cover my boat accessories?
Yes, your coverage might cover the boat’s accessories.
Some examples of topics that can be discussed are
- Life preservers,
- fire extinguishers,
- cushions,
- lights,
- tarpaulins,
- anchors, and more
