Stay on an even keel with boat insurance that helps meet your needs.

Relax and enjoy smooth sailing and coverage from stem to stern through our alliance with Progressive and Markel American Insurance Company.

  • Boats and personal watercraft

  • Yachts and boats over $150,000

  • Help protect your watercraft and trailer, including options for agreed value and emergency services.
  • Get customized coverage for damage to your yacht and liability needs unique to large boats.
  • Help protect yourself if you're liable for injuries or property damage.
  • There's no deductible on most total losses, and you'll receive the agreed value listed on your policy.
  • Earn discounts for safety, experience and insuring multiple boats, as well as other savings opportunities.See note2
  • If your boat is damaged, there's no depreciation for most covered losses.

What kinds of watercraft can be insured?

Members get a 5% discount on coverage for most boats and personal watercraft valued under $150,000. Learn more about the coverage for each type of watercraft.

Earn safety discounts.See note2

You may qualify for additional savings by:

  • Passing a state-approved safety course.
  • Being a responsible operator.
  • Being claims free.

Boat insurance FAQ

Boat insurance covers theft, vandalism, fire and weather-related damage. It helps protect you when you cause injuries or damage to someone's property. It also covers collision damage and helps pay medical bills if you're injured by an uninsured boater.

If you're responsible for injury to a passenger, your boat insurance may provide coverage.

If you purchased medical coverage, it applies to guest passenger injuries even if you're not at fault. Like auto insurance, standard boat insurance doesn't cover maintenance or wear and tear.

More information

If the value of your watercraft is under $150,000, call Progressive at 800-809-1925for questions about watercraft insurance.

If you have a yacht or other high-value boat, call Markel at 866-936-1879for additional insurance questions about yacht or other high valuable boat.