Boat Insurance

Looking for the best boat or personal watercraft (PWC) coverage? Spending time on the water is a great way to relax, whether you enjoy fishing or just want to get away from it all. But there are many things that can potentially cause damage and lead to some costly repairs and liability.

At Freeway Insurance, we’re just a phone call away or you can get a quote online. Let us help you find the best plan to protect your investment so that you can go out on the water with peace of mind!

Boats are categorized as 26’ or less, yachts are 27’ and larger and PWC are less than 13’. Yachts typically require a more specialized type of insurance than boats and PWC.

Water jet-pump-driven PWC include Jet skis, Sea Doos, Wave runners and more. PWC come in many sizes and can now easily accommodate four people. In addition, many personal watercrafts can pull a skier. PWC are subject to the same laws governing the operation of motorboats of the same size.

A good watercraft policy helps protect your boat and PWC, whether it’s in the water or not. That’s why we offer both freshwater and open-water policies to protect your vessel and its accessories, as well as enhanced protection via winter storage protection plans.

Ultimately, one of the best things about having a watercraft is that you can go where you want to go, allowing you to turn every weekend into an adventure. But you don’t know what could happen on these aquatic adventures, so it’s important to have the right protection before you get started.

The cost of your policy may range from $75 per year to $500 per year or more. Different factors concerning your vessel, where you use it, and how it is made can impact the overall cost.

Vessel size is a primary factor. It is far cheaper to insure a jet ski than a much larger craft. In addition to the size of the vessel itself, the size of the motor may influence how much you have to pay.

Sometimes, your state of residence affects how much you pay. Finally, whether the craft is primarily operated inland or on open water influences the overall cost.

Watercraft policies include liability, collision, and comprehensive coverage to help protect your watercraft even when you aren’t using it.

Liability is important because there is always the possibility of somebody getting injured, whether on your vessel or as a result of a crash. If they blame you for the injury, they may sue you, and even successfully defending yourself in court could leave you in major debt. With liability, you can pay for the injured party’s medical bills (making them less likely to sue) and, if needed, pay for your legal defense in court.

Liability also extends to any damage you cause while controlling the vessel. This may include accidentally colliding with someone else’s craft or even causing damage to docks and piers. Such damage can be expensive to repair, and liability helps pay those bills.

As with an automobile, collision is there to help pay for repairs to your craft regardless of who is at  fault. For example, if someone else collides with your vessel, their liability policy will pay for it. But if they don’t have enough coverage, your collision policy can help pay for additional repairs. And if you were liable for causing the accident, collision will help pay for repairing or replacing your craft.

Finally, comprehensive helps protect your watercraft when it’s not in use. For instance, let’s say you own a Jet Ski that gets damaged, vandalized, or stolen when you aren’t using it. As long as you have comprehensive, you’ll be covered.