Boat and Yacht Insurance

Boats come in all shapes and sizes, and here in Southern Florida, they can be used on the open ocean or inland, for fishing, pleasure, or skiing. One thing they all have in common: they all need to be insured. For small craft a homeowner policy may provide some limited insurance protection but even then a boat owner should look into separate insurance.

We have years of experience on the water and in the office insuring boats of all types.

Jet Ski Insurance

Jet Ski Insurance

These are often referred to by insurers as personal watercraft (or PWC). An insurance policy for one of these is surprisingly inexpensive, typically ranging between $150 and $500 a year. But don't let the low premiums fool you, personal watercraft insurance provides a lot of insurance protection, such as:

• Damage to your watercraft
• Injury or property damage you may be responsible for (think other boats, docks, etc.)
• Medical payments
• Wreck removal
• Personal property coverage (your stuff)
• Coverage for your PWC trailer

Power and Sail Boats Under 30'

Boats Under 30 feet

Whether inboard/outboard, outboard, inboard, or sail powered you most likely need the same type of insurance. There are factors that will influence premiums, but we have lots of choice among the insurance companies we represent and get you the right coverage and a great rate. Some of those cost factors:

• Age of Boat*
• Length
• Value
• Speed/Horsepower
• Condition
• Where the boat is kept
• Type (Inboard, Outboard, etc.)
• Cruising area (inland waterways vs. ocean)
• Safety courses
• Driving record
• Discounts available

Yacht and Cruiser Insurance (over 30 feet in length)

Boats Over 30 feet

When does a boat become a yacht? That depends on who you ask, but in the insurance world, insurance companies that are willing to insure a boat under 30 feet in length will not insure a bigger boat. Rest assured, though, we represent companies who are experienced insuring bigger boats and eager to do so.

The coverage and cost factors are similar to those for smaller boats but there are a few more variables. For instance, you wouldn't be required to have a 25 foot runabout but you might be required to have one for a larger boat.

The important thing is we have the experience, options and market access to find you the right insurance for your boat.

Contact us to get started on a free quote.

*Insurance for boats over 10 years old require an in and out of water hull survey every 3 years, a cost factor that is sometimes overlooked.