Your boat is probably one of your most treasured and valuable possessions. Unfortunately, a boat can also be vulnerable - to accidents, storms, and theft. In addition to giving you peace of mind, boat insurance coverage provides protection for you, your passengers and your boat. Having the right boat insurance protects you, your boat, and your bank account against damage caused by accidents, loss due to theft or vandalism, and the big worry, liability for property damage or injuries to others caused by your boat. When you're out enjoying your day on the water, you shouldn't have to worry about the financial impact if something should go wrong.

Your specific insurance needs will depend on the type of boat you have, how you use it, and how much risk you're willing or able to assume. In general, most boat insurance policies cover physical damage to the boat, including the hull, engine, furnishings, sails, and most equipment that may normally be used on a boat. Coverage usually applies for accidental damage, theft and vandalism.

Most marine insurance policies also provide liability coverage to protect you against financial loss if your boat causes damage to another boat, docks or other fixtures. Liability coverage also provides payment for medical expenses for injuries to you and your passengers while on your boat, as well as injuries to others who may be harmed by your boat.  Most boat insurance policies also provide liability coverage for individuals who may work on your boat but are not crewmembers and are not employed by your marina or boatyard. This type of coverage would apply for marine mechanics, bottom cleaners and painters, boat detailers, and other similar individuals. Be sure to check the specific terms of any policy you might be considering for any exclusions or limitation.