Get Caught up on Boat Insurance
Our boat insurance can help protect you against the risks of owning an operating your boat, its motor, and the trailer. On top of that, boat insurance also offers protection against liability lawsuits and medical payments. Talk with a State Farm® agent about the specifics and to get a rate.
Find an Agent
Boat Insurance: What’s Covered?
Physical Damage
Insure your boat against damage and loss caused by common risks, such as sinking, fire, storms, theft, and collision. The property covered can vary, but the policy will usually cover the hull and other permanent components.
Property Coverage Examples
- Boat, motor, trailer
- Equipment permanently attached to the boat
- Anchors
- Oars
- Electric trolling motors
- Extra fuel tanks
- Tools
- Detachable canopies
- Seat cushions
- Life preserves
- Ski and their tow ropes
- Dinghies
Our boat insurance policy provides for replacement cost coverage on repairs, to get the boat back to its original condition. Total loss claims are settled on an agreed value basis, meaning you will be reimbursed based on your policy coverage limits.
Types of Boats We Insure
- Runabout/Sport Boats
- Cruiser/Yachts
- Sailboats
- Bass Boats
- Jet Skis
- Houseboats
- Kayak/Canoes
Types of Perils We Insure Against
- Sinking
- Fire
- Theft
- Storms
- Collision
- Capsizing
- Explosion
- Stranding
Boat Liability Insurance Coverage
Boat liability insurance offers coverage if your boat causes injury to others or damage to other boats, docks, or structures. Injury or damage can be due to direct contact with your vessel or situations caused by your vessel, like large wakes. Good boat liability coverage may provide protection against lawsuits, including the payment of settlements and legal fees.
Additional Coverages
Additional coverages are automatically included in your base contract. If you have questions or other insurance needs, contact your agent to find out what options are available to you.
Newly Acquired Watercraft
Covers your newly acquired watercraft for damage caused by an insured loss, subject to policy conditions.
Reasonable Repairs
If damage is caused by a loss insured, we cover reasonable repairs incurred to protect covered property from further damage.
Emergency Service
Pays up to a certain amount for reasonable costs that you incur resulting from specified emergency service to your boat, motor, or boat trailer. Please reference your policy for details.
Wreck Removal
Pays the reasonable expense you incur for any attempted or actual raising, removal, or destruction of the wreck of your boat when damage is caused by an insured loss and removal or destruction is required by law.
How Much Is Boat Insurance?
The best way to lower your boat insurance premiums is to become a safer boater. For example, you could earn a discount by completing an approved boating safety course. Talk to a State Farm agent to find the discounts available to you.
Need coverage for other items?
Talk to your agent about a Personal Articles Policy to cover items not included in the Boat policy.
Boat Loans From State Farm Bank®
If you’re looking to finance your next boat, State Farm Bank offers competitive rates and no application fees.
Simple Insights®
Take advantage of what we've learned! Simple Insights® offers great tips and advice to help you maintain and enjoy your sport, leisure or powersport vehicle to the fullest.
Before you take your boat out, take a quick look at some great boat trailer safety tips.
Here’s an easy way to help you and your friends get caught up on boating safety.
We’ve got great tips to help you have fun and stay safe on the water.