Boat and Watercraft Insurance Discounts and Savings
The average boat premium costs only about a dollar a day. You can save even more by taking advantage of our discounts, so ask your local independent agent about ways to lower your rates. Below are a few great ways to save.
You qualify for a discount when you insure more than one vessel or carry an auto, motorcycle, home, condo, or renters policy with Safeco.
You’ll save up to 15% on your premiums when you complete a boating safety course offered by the Coast Guard Auxiliary
or U.S. Power Squadron
You can also save up to 5% when you complete an approved National Association of State Boating Law Administrators state-administered course. Be advised that some states require boaters younger than 16 years of age to complete an approved safety course before operating a boat.
Get a quote from Safeco one or more days ahead of the effective date of your newly issued boat policy and you may qualify for an advance quote discount.
You qualify for a discount when you pay your premium in full at the inception or renewal of a policy.
Experience on the water matters. That's why Safeco offers you a discount if you have five or more years of boating experience.
You can save up to 5% on your premiums if you've owned any boat for two or more years.
Homeowners qualify for a watercraft discount of up to 10%.
You can save up to 10% if your boat is powered by an inboard diesel engine.