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Why Boat Insurance Matters
There’s nothing quite like the feeling of being out on the water, the sun on your face, and the waves beneath you. Whether you're fishing, cruising, or just enjoying a day with family and friends, your boat is your escape from the everyday.
But what happens if an accident, storm, or theft leaves your boat damaged or lost? Without the right boat insurance, you could be facing thousands of dollars in repairs—or worse, replacing your boat entirely. That’s why Craven Insurance is here to help you navigate the waters of boat insurance, ensuring you have the protection you need.
What Does Boat Insurance Cover?
Boat insurance is more than just a safety net—it’s your lifeline when the unexpected happens. Here are some key coverages you should know about:
Damage & Collision
Covers repairs or replacement if your boat is damaged in an accident.
Liability Protection
Helps cover injuries or property damage you cause to others while boating.
Theft & Weather Damage
Protects against theft, hurricanes, and other weather-related damages.
What Affects Your Boat Insurance Rates?
Boat insurance premiums aren’t one-size-fits-all. Several factors impact your rate, including:
- Boat Type & Size: Larger and high-speed boats typically have higher insurance costs.
- Location: Boating in storm-prone areas or high-traffic waters can increase premiums.
- Usage: If you use your boat frequently or for business purposes, your premium may be higher.
- Safety Measures: Boating safety courses and onboard safety features may qualify you for discounts.
Take a look at how boat insurance premiums vary based on boat size and coverage:
| Boat Size | Basic Coverage | Comprehensive Coverage |
|---|---|---|
| Under 20 ft | $300 - $600 | $800 - $1,500 |
| 20-30 ft | $500 - $1,000 | $1,500 - $3,000 |
| 30+ ft | $1,000 - $2,500 | $3,000 - $6,000 |
Ways to Save on Boat Insurance
Just like your boat, your insurance policy should work for you. Here are a few ways to lower your costs while staying protected:
Take a Boating Safety Course
Completing a certified safety course can reduce your premium.
Bundle with Auto Insurance
Combine boat and auto insurance for potential discounts.
Store Your Boat Properly
Keeping your boat in a secure location can lower your risk.
Get the Right Coverage Today!
Your boat is more than just a vessel—it’s a lifestyle. Make sure it’s protected with a reliable boat insurance policy from Craven Insurance.
Call us at 360-341-7200 or click below to get a personalized quote today!
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