Boat owner's insurance coverage provides physical damage coverage to repair your boat if it sustains damages or is destroyed by a covered peril such as windstorm damage, vandalism, fire, theft, damage resulting from a collision and or sinking . Knowing that you can relax and enjoy your boat to the fullest because you are adequately insured and protected in the event of an accident or injury is an important factor when owning a boat. A boat insurance policy can provide physical damage coverage on an actual cash value or an agreed amount value bases.

An actual cash value policy pays for the replacement cost of your vessel minus the depreciation of your vessel at time of loss.

An agreed amount value policy sets a value for your vessel that will be paid out at time of loss without deduction for depreciation.

Another important factor to consider is the liability portion of boat owners insurance policy, this coverage is essential to protect you if you are legally responsible for damages to property or injury to others caused by your negligence. Boat insurance liability provides protection in the event that you are sued for colliding with another vessel resulting in damages to the vessel and or its passengers.

In the event that your boat suffers physical damage to the sails, machinery, hull, furnishings and most other equipment your insurance policy will help you financially to recover and repair your boat.

There are additional coverages to consider when purchasing boat insurance such as, commercial towing and assistance. This coverage can be beneficial if your boat becomes incapacitated due to a mechanical breakdown. Other factors to consider are the deductible that will apply to your boat, motor, trailer and personal effects. Depending on your deductible your insurance policy premium may vary. Personal effects coverage is also important to provide protection for those items not intended for the normal operation of your boat such as cell phones, stereos, cameras, etc.

Let us help you relax and enjoy your boat to the fullest knowing that it is insured properly.

Please note that the information on this site is intended for general information purposes only. In no way does the information on this site specifically refer to coverages reflected on your current and/or future insurance policy; please make certain to review your current policy in detail.