Save money with boat insurance discounts
We can help you find the right boat coverage for a great price. We'll walk you through each step including making sure you get any savings or discounts you qualify for. So whether you drive a powerboat or sailboat, Liberty Mutual can help you get the boat insurance you need.
What is boat insurance?
Boat insurance helps protect you if you cause damage to others' property and/or injuries. It can also cover the cost of damage to your vehicle in the event of a covered loss if you have the coverages.
- Type of boat you have
- Coverages you need
- How you use your boat
What does boat insurance cover?
Enjoy the water with peace of mind knowing you and your boat are protected from the unexpected. Liberty Mutual boat insurance1 can help you with things like2
- Damage to your boat
- Damage to someone else's property
- Boat accessories
- Emergency services, such as on-water towing
Liberty Mutual can help you save money on boat insurance with a customized policy so you only pay for what you need.
Does Liberty Mutual cover other kinds of watercraft?
We sure do! Liberty Mutual also insures these other types of watercraft
- Jet skis
- Pontoon boats
- Fishing boats
- Personal watercraft (PWC)
- And more
Do I need to have boat insurance?
If you have a boat, it's a good idea to have boat insurance to help protect you and your assets financially from any injuries or damage caused while boating. The question to ask yourself is whether you can financially afford to pay out of pocket for damages and/or injuries caused by an at fault accident?
That being said, most states don't legally require you to have boat insurance (except Arkansas and Utah). Just be sure to check with the state where you'll be boating.
There are some cases where you may be required to have insurance on your boat like
- You financed your boat and the lender requires insurance
- You go to or use ports, marinas, or storage facilities that require insurance
It's important to check with places you visit or plan to visit with your boat to make sure you know any restrictions or requirements.
Does my homeowners insurance cover my boat?
Some homeowners policies may provide limited coverage for boats. However, even if it does, it'll probably be limited with restrictions when it's off your property and/or on the water. That's because homeowners insurance isn't meant to protect a boat on the water.
Many homeowners policies also have limits on
- Watercraft size
- Location of any incidents
- Limits on Liability Coverage (if any), and more
Check your policy and be sure to purchase any additional coverage you may need.
Regardless of where your mooring is, or whether you've financed your boat or not, you'll want to be covered in the event of an accident. Boats and watercrafts are big investments that should be protected. A boat insurance policy helps protect you and your boat from things like
- Physical Damage
- Fuel Spill Liability
- Medical Coverage for you or passengers in your watercraft
- Damage to another craft or structure, and more
How much is boat insurance?
The cost of boat insurance depends on many factors, including where it's kept, its value or cost, optional coverages, and more.
While getting the cheapest boat insurance sounds great, it could cost you when you need it most. At Liberty Mutual, we can help you get the boat insurance you need at a great price. The best way to find out the cost is to get a boat insurance quote by calling us at 800-295-2568.
How should I compare boat insurance quotes?
Whether you're looking to buy boat insurance today or shopping to compare boat insurance prices, we can help you find what you need. When comparing boat insurance quotes from multiple companies, be sure to compare similar coverages, limits, and deductibles.
Boat insurance frequently asked questions
Yes. You may qualify for a Boat Course Discount if you or a member of your household have completed an approved boat safety course. You may also qualify for a discount for being an active member of the US Power Squadron or an active member of the US Coast Guard Auxiliary
Please note, to qualify for this discount you'll need to submit a copy of the boat course certificate of completion.
Accessories in the boat may be covered under your boat insurance policy. Check your policy documents or ask us for details.