Watercraft Insurance

When you have spent a lot of time and effort finding just the right watercraft, you need to make sure your investment is protected by choosing the right insurance.

Issues that matter most to boat owners:

  • Insurance for the full value of your boat in the event of total loss
  • “New for Old” coverage in the event of a partial loss: settlement without depreciation
  • All Risks Coverage, with the fewest exclusions possible
  • Broad navigational limits
  • Liability coverage when using someone else’s boat 
  • Flexibility for special coverages such as Skippered Charterering
  • Knowledgeable, prompt, quality service and support from your insurance broker

Watercraft policies typically cover:

  • All Risks coverage for the hull & machinery, rigging, tender, outboards, and personal effects
  • Liability coverage for bodily injury or property damage to third parties
  • Volunteer medical payment coverage
  • Sailboat racing

Specialty coverages typically available:

  • Paid crew and captain
  • Extended cavigation limits for offshore passages and cruising
  • Business use
  • High performance boats
  • Live-aboard

Contact a HUB Specialist today.