Frequently Asked Questions about Boat Insurance
Is boat insurance required?
Some states don’t require boat insurance, but if you have a loan on your boat or if you moored your boat in a marina, then the lienholder or marina may require you to carry insurance.
However, even when boat insurance isn’t required, you’re putting yourself at financial risk if you’re operating a boat in open waters without it.
What types of watercraft does boat insurance cover?
There are lots of watercraft that boat insurance covers, like Personal Watercraft (PWC), fishing boats, pontoon boats, sailboats, power boats, and more! Talk to your Cross agent about what type of watercraft you have and what kind of coverage you need.
What damages would boat insurance cover?
Boat insurance will cover medical bills for you and your passengers, and damage from fire, collision, capsizing, sinking, and more.
If you have more questions about what boat insurance you should get, check out our blog post on common boating claims and what insurance you need to cover them.
What is the average cost of boat insurance?
Insurance policies always vary, so the average cost to insure a boat depends on multiple factors:
- The purpose of your boat (recreational, racing, etc.)
- Length of the boat
- Age of the boat
- Overall value of the boat
- Condition (Does it meet US Coast Guard Standards?)
- Horsepower of the motor(s)
- Where it will be kept and operated
- Your claims history
Additionally, your credit and loss history can factor into the price. The best way to get an accurate quote is to reach out to us. Quotes take just a few minutes, and we can run you through several great companies.
Does boat insurance cover mechanical issues?
No, boat insurance will not cover mechanical issues such as a blown motor. However, if the mechanical issue is a result of a covered loss such as a collision, then there likely would be coverage. But all coverage situations are subject to claims verification, so it’s not assured that coverage would exist for that situation.
What if I have more questions about boat insurance?
That’s fine! We have multiple resources regarding boat insurance, like our blog about what type of insurance you need for your boat and how to protect your boat year-round.
Cross Insurance Agency always strives to be:
- Personable
- Helpful
- Informative
- Friendly
- Caring
- Encouraging
- Easy-To-Understand
We always want to provide the best service possible for you – if you have more questions, reach out to an agent today. You can call us, text us, or shoot us an email to get all the information you need about boat insurance.
What does the process of getting insurance look like, and how long does it take?
The first step is getting a quote, followed shortly by a call from an agent. Then you and your agent will discuss what kind of boat insurance you need and how much you’re willing to spend.
Afterwards, you’ll have all the information you need to consider which auto insurance you’d like to purchase.
If you have questions about auto insurance or Cross Insurance Agency, you can contact us via a phone call, text, or email. If you need to talk to an agent right away, you can use our booking website to schedule a visit.
Or, if you need to manage your policy, you can use our client self-service portal or our mobile app. We’re here for you whenever you need!