Boaters know that there is much more to safely operating a watercraft of any size than simply driving a car down the road—and often there is much more at stake. And so it is with marine insurance, there are numerous factors to consider when determining the optimal policy for your watercraft. The following is a list of some important factors that can influence the type of boat insurance coverage that best suits your needs.
Personal watercraft are not generally covered by homeowners or auto insurance, and where they are, the coverage limits can be fairly low. You may need to purchase a specifically designed policy in order to insure these vessels. The personal watercraft policy covers: