A big part of boat ownership is making sure your investment is well-protected. At Keslar Insurance Agency, we’ll help you find the coverage that’s right for you. We regularly insure boats of all sizes, jet skis, and more, so we are well prepared to help you!
Watercraft Policies Vary
In Maine, New Hampshire, and Massachusetts, available policies differ. This is why it’s important to seek help from a knowledgeable agent who can help you understand which policy is right for you. We’ll walk you through what your policy does and doesn’t cover, so you’ll be ready when the time comes to make a claim.
Coverage may include the boat, and everything attached, such as: anchors, pumps, fuel tanks, horns, batteries, depth finders, and fire extinguishers. In addition, many boat policies have liability insurance coverage to help protect you in the event of a covered loss. Contact us today for answers to your questions on all things boating, and the perfect insurance policy to fit your needs.
Boat & Watercraft Insurance – Frequently Asked Questions
- Do I need insurance for my boat or personal watercraft?
While not legally required in most states, boat insurance is strongly recommended. Marinas, lenders, or state parks may require it—and it protects you from accidents, liability, theft, or damage on and off the water. - What does a standard boat insurance policy cover?
Boat insurance typically includes physical damage coverage (for the boat, motor, and trailer), liability protection, medical payments, uninsured/underinsured boater coverage, and optional towing and equipment coverage. - Does homeowners insurance cover my boat?
Only in a very limited way. Homeowners policies may offer minimal coverage for small boats (under 25hp), but not for larger vessels, liability, or damage while the boat is in use. - What is agreed value vs. actual cash value in boat insurance?
Agreed value pays the amount you and your insurer agree on for a total loss, with no depreciation. Actual cash value factors in depreciation, making it a lower payout in the event of a loss. - Is my boat covered by a boat policy while it’s in transit?
Yes. Your boat is typically covered for physical damage while being trailered, but the towing vehicle’s auto insurance would cover liability for accidents during transport. - Does boat insurance cover theft or vandalism?
Yes, if you have comprehensive coverage. Theft of the boat, trailer, or attached equipment is usually covered, but high-value gear may need to be itemized. - Can I insure personal items on my boat?
Yes. Many policies offer limited coverage for fishing equipment, life jackets, coolers, and electronics, but you may need to purchase additional coverage for high-value items. - What is fuel spill liability or wreck removal coverage?
These coverages help pay for environmental cleanup or boat removal if your vessel sinks or leaks fuel. They’re often required by marinas and strongly recommended. - Where does my boat insurance cover me to operate?
Most policies have navigational limits, such as inland lakes, coastal waters, or up to a certain number of miles offshore. Always confirm your policy’s boundaries if you travel. - How can I reduce my boat insurance premium?
Take a boating safety course, install safety devices (alarms, tracking systems), insure multiple watercraft, or bundle your boat policy with home and auto to qualify for discounts.
