As a boater, you have specialized insurance needs. An agent can help you:
- Save money with boat insurance discounts
- Understand the claims process
- Access tips and expertise on boat safety and maintenance
The cost of boat insurance is more affordable than you might think. You can cover your watercraft and your family from around $21 per month on average.
In addition to protecting your boat and passengers with quality insurance, there are steps you can take to help keep both safe. Being considerate, keeping others informed, carrying a VHF radio and having a navigation system is a very good idea.
Many Ways To Save
Check with your insurance agent and see if they following additional discounts may be available.
- Multi-policy discount
- Save up to 20% when you combine your boat insurance with an Allstate homeowners policy.
- Full-pay discount
- Pay your entire premium when you sign up, and you could save up to 10%.
- Homeownership discount
- Enjoy a savings of 10% just for owning a home, townhouse, condo or mobile home.
- Boat education discount
- Learning safety skills can be good for you and your wallet. Get a 5% discount if you’ve taken approved boater safety classes.
- Save up to 5% when you have your insurance payments automatically deducted from your bank account. Easy pay plan is not available in all states.
Additional Features To Consider
- Watercraft medical payments coverage. Helps pay medical costs if you or anyone on your boat is injured in an accident.
- Watercraft liability coverage. If there’s an accident, this covers the medical and other expenses of whoever was injured as well as the costs of repairing or replacing another person’s boat or property.
- Property coverage. Covers the damage to your boat if you’re involved in an accident with another boat or something else, like a pier, buoy, dock or debris. It also typically pays for damage caused by something other than a collision, such as theft, fire or vandalism.
- Repair cost. Covers the repair work done on your boat, motor, equipment or trailer with no deduction for depreciation*.
- Emergency services. If your boat breaks down, this covers the cost of towing and labor and the cost of delivering fuel, oil or a battery.
- Uninsured watercraft coverage. If you’re in an accident with an uninsured boater, this helps pay for injuries that you, your family or anyone else on your boat sustains.
- Agreed value option. When you’re reimbursed for your boat’s value, you’ll be reimbursed for what it was worth at the start of the policy regardless of the current market value.
- Personal effect coverage. Covers your fishing equipment and other personal belongings if they’re damaged, lost or stolen.
- Additional boat equipment. Covers boat accessories, like anchors, life jackets and navigation gear, up to the policy limits.
- Boat trailer coverage. Covers damages to your trailer resulting from an accident or other unforeseen incident.