Boat Insurance

Serving Missouri, Illinois, Ohio, Indiana & Wisconsin

There's nothing quite like hitting the open water. But before your boat leaves the slip, you should make sure your vessel and passengers are protected from the myriad dangers found on rivers, lakes and oceans. Boat insurance can provide enough financial protection to give you peace of mind.

Not sure which coverage options are right for you? Cloverleaf Insurance can help you find the best policy to meet your specific needs. Get started today!

Why Do You Need Insurance For Your Boat Or Personal Watercraft?

You'll enjoy the water even more when you're not worried about the safety of yourself, your passengers or your investment. Here are a few things to consider:

• If you're in an accident or your watercraft is stolen, it costs money, often a lot of money, to fix or replace it.
• If you or any passengers are injured in an accident, medical costs can be extremely expensive.
• If your watercraft is responsible for damage or injury to others, you may be sued for much more than you're worth.
• Your watercraft also needs protection when it's on land. Accidents can happen while towing a watercraft.

Things To Consider And Questions To Ask Your Agent

Here are a few things to consider as you prepare for the discussion:

• How much can you afford to pay if your boat or personal watercraft is in an accident, damaged or stolen?
• Is my boat or watercraft covered for use year-round?
• What discounts and programs are available?
• How much medical insurance and liability coverage is enough?
• Do I have coverage if I need to have my boat towed in an emergency?
• What's the process for filing and settling a claim?
• Does the insurance company have a good reputation for customer service? Is it known for paying claims fairly and promptly?

Home and auto insurance policies may provide limited coverage for personal watercraft. Talk to your insurance representative about coverage limits. You may want to consider purchasing a personal watercraft policy to protect yourself and your water vehicle in the event of an accident.

The personal watercraft policy covers:

• Bodily Injury
• Property Damage
• Guest Passenger Liability
• Medical Payments
• Theft

Liability limits start at $15,000 and can be increased to $300,000.

Typical policies include deductibles of $250 for property damage, $500 for theft and $1,000 for medical payments.

Additional coverage can also be purchased for trailers and other accessories.

You should talk to your insurance representative about the type of coverage that would best suit your needs.

Additional Resources

• Passenger Safety On Your Boat
• Protection in Advance of Boating Season
• Protecting Yourself From Damage While Boating
• 3 Ways to Prevent Boat Theft
• Read more boat insurance articles here.