Boat insurance is an essential financial safeguard against uncertainties while operating a yacht, sailboat, jet ski or other watercraft. Stewart Kriese Ins Agency Inc. can help you secure a policy allowing you to cruise along the coast and embark on adventures with confidence.

What Is Boat Insurance?

Boat insurance may provide financial protection for various risks such as accidents, theft, vandalism and other potential dangers on the water. The type and cost of coverage you need depends on your watercraft’s size, horsepower, type and value, and the environment in which you use it. While a standard homeowners insurance policy may already cover small boats, larger vessels and personal watercraft typically require separate coverage.

What Does Boat Insurance Cover?

Boat insurance typically offers the following coverage to keep you, your boat, and its passengers safe: 

• Physical damage coverage may provide financial aid when your boat gets damaged or becomes unusable after an accident, theft, vandalism or other covered risks. 

• Personal property coverage may financially protect your personal belongings on the boat, including equipment and clothing. 

• Medical payments coverage may cover medical expenses if you and your passengers are injured in a boating accident, no matter whose fault it is. 

• Liability coverage may pay for medical expenses, legal fees and other costs if you cause injury to others or damage their property while operating your boat.

• Uninsured/underinsured boater coverage may offer financial help when you get involved in an accident with another boater who lacks insurance or has insufficient coverage.

Policyholders may also opt for extended policy benefits such as on-water towing.

Is Boat Insurance Required?

While carrying boat insurance is not mandated by law in California, doing so may help bring peace of mind knowing that you have financial protection following a covered loss. Contact Stewart Kriese Ins Agency Inc. today and let us help you craft the boat insurance policy that’s suited to your needs.