Watercraft Insurance

WATERCRAFT INSURANCE FOR YOU

Watercraft insurance is a type of insurance policy that provides coverage for various boats and watercraft, including fishing boats, dinghy boats, deck boats, catamarans, sailboats, houseboats, pontoons, yachts, jet skis, and more. It is an umbrella term that encompasses boat insurance, yacht insurance, and personal watercraft insurance.

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WATERCRAFT INSURANCE FOR YOU

Watercraft insurance is a type of insurance policy that provides coverage for various boats and watercraft, including fishing boats, dinghy boats, deck boats, catamarans, sailboats, houseboats, pontoons, yachts, jet skis, and more. It is an umbrella term that encompasses boat insurance, yacht insurance, and personal watercraft insurance.

Get A Quote

WATERCRAFT INSURANCE
FOR YOU

Watercraft insurance is a type of insurance policy that provides coverage for various boats and watercraft, including fishing boats, dinghy boats, deck boats, catamarans, sailboats, houseboats, pontoons, yachts, jet skis, and more. It is an umbrella term that encompasses boat insurance, yacht insurance, and personal watercraft insurance.

Get A Quote

Why Choose WATERCRAFT Insurance?

Watercraft insurance is important because it protects against damages to vessels powered by a motor with a horsepower of at least 25 miles. Without adequate watercraft coverage, boat owners could be stuck with a large out-of-pocket cost for damages to their boat, damages their boat causes, or injury liability.

Personal watercraft insurance (PWC) is a specific type of watercraft insurance designed to insure personal watercraft, such as Jet Skis, Sea-Doos, or WaveRunners. PWC insurance covers the owner and anyone they allow to use the craft for risks such as bodily injury to another person, bodily injury to the owner caused by an uninsured watercraft operator, liability in the form of legal costs if the owner is sued due to an accident, property damage to another watercraft, a boat, or a dock, theft, and towing after an accident. Personal watercraft are not generally covered by homeowners insurance, and in the rare cases they are, coverage limits are low.

types of watercraft insurance coverage

There are several types of watercraft insurance coverage available, depending on the specific needs of the watercraft owner. Some of the most common types of coverage include:

Hull Insurance: This coverage protects the boat owner from financial losses due to damage to the boat itself, including damage from a collision, fire, severe weather, theft, or vandalism.

Third-Party Liability Insurance: This coverage protects the boat owner from financial losses due to property damage caused by the boat, as well as damages caused by fuel spills, towing, medical expenses, and rescue.

Agreed Value: This coverage feature provides certainty in the event of a total loss, ensuring that the insurance company will pay the agreed-upon value listed on the policy without a deductible.

Liability Protection: This coverage feature provides protection against legal defense costs, damages, and other liabilities in the event of an incident involving the vessel.

Coverage for Tenders and Personal Items: This coverage feature protects the owner's tenders and personal items on the watercraft, such as fishing equipment, in the event of damage or theft.

Emergency Towing and Assistance: This coverage feature provides financial support for towing and emergency assistance costs in the event that the watercraft becomes disabled.

Coverage for Damage While on Land: This coverage feature protects the owner from financial losses due to damage to the watercraft while it is on land.

Liability Protection

Liability protection coverage

can protect against damages

to other people or property, providing financial security

in the event of an accident

wich is is essential as the

water can be unpredictable.

Coverage for Physical Damage

This ensures that the owner is financially protected in the

event of unexpected damage

to the watercraft such

as damage from a collision,

fire, severe weather, theft,

or vandalism.

Comprehensive Coverage for Risks

Watercraft insurance covers a

wide range of risks. This comprehensive coverage

provides peace of mind for watercraft owners, protecting

them from various potential

losses and liabilities.

Legal Protection

In the event of an incident

that involves a dispute with another party, having watercraft insurance can provide

legal protection if the other

party decides to take legal

action against the owner.