A common question that our office receives does my homeowners insurance cover my boat? A homeowners standard insurance policy rarely covers boats or other water-borne vehicles, and if there is coverage it often has strict limits that do not adequately protect the watercraft.

Who Needs to Acquire Boat Insurance?

Owners of speed powered boats, sailing boats, catamarans, fishing boats, personal watercrafts, pontoons, and any other type of water vessel should carry boat insurance or jet ski insurance depending on the type of watercraft. A boat insurance policy will protect better and do more for a policyholder’s water vessels in the face of disaster or damage over just a standard homeowners insurance policy.

Canoes and kayaks can oftentimes be covered under a standard homeowners policy, and sometimes there is minimal coverage available for smaller model type boats. However, according to the Insurance Information Institute, “Most insurers provide limited coverage for property damage for small boats such as canoes, small sailboats or small powerboats with less than 25 mile per hour horsepower. Coverage generally includes the boat, motor and trailer combined. Liability coverage is typically not included.”

Coverage and Liability

It is important to talk with the professionals at Oyer, Macoviak and Associates when it comes to addressing the need for boat insurance. Many times a home insurance policy will not provide enough coverage in the wake of a boating mishap or catastrophe. These types of limits would not provide enough protection or monetary reimbursement in the wake of a liability incident that could lead to high medical expenses, lawsuits, and/or settlements. The limited coverage allowed under a standard homeowners insurance policy is also most likely not enough money to pay for significant damages to a watercraft’s hull, bow, stern, navigation system, or motor.


If you would to like to discuss your options for boat insurance please call us at 561-732-9305 our quoting hours are Monday through Friday from 8:30 AM to 5:30 PM. In addition, you can request a quote online. Please remember, We Handle All the Work, While You Save!

Let Us Handle All the Work While You Save