Boat / Watercraft Insurance
Coverage you need to ride out the storm
Get to know your boat and watercraft coverage options
Be it a speed- or sailboat, a jet-ski or fishing rig, we're here to help you protect one of your biggest and most prized investments. Learn more about the boat and watercraft coverages we offer below, then contact a local independent agent to discuss the right coverage for you.
We offer so many more coverage options at Safeco. Connect with a licensed independent agent near you to determine the best coverage options for your boat or watercraft vehicle.
You could save money with Safeco's boat discounts7
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Safeco® Captain's Package Coverage
Set sail with peace of mind when you enroll in the Safeco Captain's Package8. Benefits include:
- New Boat Price Protection: in the event of a total loss, replaces boats/watercrafts less than two years old with a new boat/watercraft.
- Roadside Assistance: covers the boat/watercraft, trailer, and the car or truck you tow it with.
- Personal Effects Protection: increased protection limits to your base coverage.
- Emergency Assistance: Increases this coverage to $1,000.
Ask an agent about it today to learn more.
Common boat and watercraft insurance questions
Looking for answers? Browse the most frequently asked questions below, or contact an agent to discuss Safeco boat and watercraft insurance today.
Boat and personal watercraft insurance offers protection from theft, damage, and liability in case of an accident or injury experienced while using your boat. It can also protect you against damage or injury caused by another boater who may be uninsured or underinsured.
Though boat insurance is optional in many states, if you get a loan to pay for your boat, your lender will most likely require you to have boat coverage. Talk to your local independent agent to learn more.
Most likely, no. The homeowners policy provides liability coverage for low-horsepower outboard-motor-powered boats. If you have a jet drive, inboard outdrive, or stern drive boat, you would receive no coverage from the homeowners policy.
Your homeowners policy also does not offer coverage for pollution liability, wreckage removal, damage to your boat, towing, emergency assistance, and many of the other great coverages a Safeco watercraft policy provides. Talk with your local independent agent to make sure you understand your risks.
Yes. Even if you use your boat only a few months out of the year, it's still important to protect yourself against fire, theft, vandalism, and even liability while your boat is in storage.
Fortunately, quality coverage is affordable. Plus, your policy premium also considers the length of the boating season in your state.
No, we do not. All watercraft polices with physical damage coverage are insured for agreed value, which means you receive that agreed-upon amount if your watercraft is deemed a total loss due to theft, sinking, collision, etc.
With ACV coverage, your boat is subject to depreciation and you likely wouldn't be able to replace your boat with the depreciated settlement amount. Watercraft maintain their value for a long time, so it makes sense to have agreed value coverage.
We offer protection against the cost of injuries or damage you may experience as a result of an accident caused by an uninsured motorist. The question is: how much coverage would you want to be available if you're injured?
When selecting your coverage amount, remember that uninsured boater coverage will pay for things your health insurance won't, like pain and suffering, lost wages and treatments that medical insurance doesn't deem necessary. You cannot select more uninsured boater coverage than you have in bodily injury coverage.