Insuring a boat in Florida can be difficult, but it doesn’t have to be. There are a lot of factors that go into getting the right coverage for your vessel and we want to make sure you get the best deal possible. In this blog post, we will discuss some of the questions you need answers to before making a final decision on which company offers boating insurance in Florida.

What is Boat Insurance and why do I need it?

Boat insurance is designed to protect your boat from unforeseen and unfortunate accidents. Boat policies are usually much more affordable than insuring a car or truck. Boat policy packages come with boat liability coverage, which protects you in case of an accident on the water that results in damage to someone else’s property. It also covers injuries to other boat passengers, boat repairs and more. If you do not have boat insurance in Florida, you risk paying out of pocket for these expenses if an accident were to occur.

In addition to boat liability coverage, there are also optional boat policy add-ons that can protect your personal property or provide additional protection against damages related to the boat itself. You can also insure boat accessories such as a ski boat, fishing boat or jet skis.

Insuring your boat can protect you and the people who use it from unforeseen accidents. It is important to understand that if you have an accident on open waters with someone else’s vessel and they are found at fault for damages, their marine insurance will cover the damages. If you do not have boat insurance and they are found at fault, their insurance company will come after your personal assets when trying to recoup the costs of boat repairs or injuries caused by an accident.

For example: Your neighbor has a ski boat that is docked in your backyard cove and one day it hits your dock while you are swimming in the cove. If insurance is not purchased, then you will have to pay for boat repair out of your own pocket and if there were any damages done to people or property, they would come after your personal assets as well since it was an accident on open waters.

How to get boat insurance in Florida – what to look for.

Once you decide boat insurance in Florida is right for you, there are a few things to consider before making your purchase. First, boat policies typically offer more flexibility than auto or home policies with the number of boat types and sizes that can be insured on one policy. There are also multiple options when it comes to boat coverage, so we suggest you take the time to get insurance quotes from multiple companies before deciding on which boat policy is right for you.

For example: Before choosing boat liability coverage, consider how many passengers your boat typically carries and if there are any modifications or equipment installed that would make it more expensive to insure such as an upgraded engine system. As far as boat add-ons, boat owners can purchase additional protection for their boat or accessories such as boat trailer coverage and a special policy that covers skiing equipment.

You also have the option of adding boat medical payments insurance which will cover injuries to yourself and other passengers on your vessel in case you are sued after an accident. You should take into consideration how much boat insurance in Florida will cost you as the boat policy rates vary by boat type and size. Rates depend on your boat’s engine power, seating capacity, hull material and other features that can make a boat more expensive to insure such as anti-fouling paint or electronic navigation equipment.

Who should be covered under boat insurance policies?

As boat policies are designed to cover the boat owner, it is important that boat insurance in Florida covers all people named on the policy. You should consider adding boat owners who will be using your boat and have a list of passengers you typically take out onto open waters.

Types of boating accidents that are typically covered by your policy.

When boat insurance in Florida is purchased, the boat owner typically has coverage against boat accidents as well as liability for injuries and damages caused by an accident. Boat policies also include uninsured boater protection which covers you if another boat hits your vessel without insurance or a boat policy that does not cover enough damage to repair your boat’s hull or other damaged parts.

Boats are typically insured by boat owners, but boat rental companies will also purchase boat insurance in Florida for the vessels they rent out to customers. Boat renters should make sure that all people and passengers on the boat have proper boating safety training as well, so everyone knows how to use a boat properly when rented from a business.

What does my deductible mean when getting a quote on boat insurance? 

Your boat deductible is the amount you will pay out of pocket before your insurance pays for any damages or injuries caused by an accident. You can choose a boat policy with no deductible to avoid paying anything upfront, but this typically results in higher boat premiums since there is more financial risk involved on behalf of the boat owner if there are any accidents.


If you want to discuss options for boat insurance, please call us at 561-732-9305 our quoting hours are Monday through Friday from 8:30 AM to 5:00 PM. In addition, you can request a quote online. Please remember, We Handle All the Work, While You Save!

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