What Does Boat Insurance Cover?

Your boat insurance policy may include the following:

• Collision damage: Includes repair or replacement of your boat, but may or may not include clean-up of wreckage unless you purchase optional additional coverage.
• Property damage liability: Covers damage you might cause to someone else’s boat, a dock, or other property or structures.
• Bodily injury liability: Covers injury you might cause someone while using your boat; includes medical bills, lost income, pain and suffering, and legal expenses.
• Comprehensive: Provides compensation if your boat is vandalized, stolen, or damaged in an incident other than a collision.
• Additional coverage options: Coverage for medical payments, fishing equipment, oil spills, personal property and roadside assistance, as well as damages and injuries from accidents caused by boaters who are uninsured or underinsured.