Watercraft Insurance–How To Know If Your Boat Qualifies For Coverage

Insurance Navy Auto Insurance Watercraft Insurance What It Takes To Qualify For Coverage

At Insurance Navy, we can help you obtain coverage for a number of different boats/personal watercraft. However, it’s important to know the many factors which disqualify a watercraft from obtaining coverage. Today, we’ll go into the many types of boats that cannot receive proper watercraft insurance coverage. There are many boats we do insure, however, there are many more which we cannot.


First off, the type of watercraft we DO insure are boats such as pontoon boats, powerboats, and sailboats. We’ll also provide coverage to houseboats, bass and fishing boats, as well as personal watercraft (including jet skis). On the other hand, the list of watercraft which we do not cover is even larger. For instance, we cannot provide coverage to boats that are over 50-feet in length, or boats that have a max speed over 75 mph. It’s not abnormal to assume max speed or length of a boat wouldn’t disqualify you from obtaining coverage for the watercraft but, in fact, it can.

The value of the watercraft is also a key factor. Insurance Navy cannot cover boats valued at more than $350,000. We also cannot cover personal watercraft worth more than $27,000. U.S. Coast Guard standards are also an important factor. Any boat that does not meet U.S. Coast Guard standards won’t be able to get proper watercraft coverage.

As stated before, Insurance Navy DOES provide coverage for houseboats. However, houseboats with no motors are another case. Houseboats meeting that criteria will not receive proper coverage, as well as any boat that has more than two owners. That’s right, even the amount of owners can cause you to miss out on the ability to obtain proper coverage.

There are many seemingly small factors that can hurt a boat owner’s chance of obtaining insurance coverage. For example, boats with steel or wood hulls won’t be able to obtain coverage through Insurance Navy. Similarly, boats used as residences don’t qualify for coverage as well. Last but not least, homemade boats with no serial number won’t be able to obtain insurance coverage.

Now that you’re informed about the many factors that can go against you when shopping for insurance, you’re ready to find the right policy for you. If you have any more questions about whether or not your watercraft qualifies for insurance coverage, follow the instructions below to contact us. You can contact us over the phone, online, or by visiting one of our many locations in Illinois.

More Information

Do you have any questions about watercraft insurance? Would you like to make sure you’re paying the best price for your coverage? Our insurance agents and customer service team are here to help with your coverage needs. Call us today at 1-888-949-6289 or visit your nearest Insurance Navy location. Our offices are open from 8 a.m. to 9 p.m. CST, 7 days a week. Insurance Navy also has a strong presence on nearly all forms of social media.

So, give us a like or follow on your preferred form of social media. Insurance Navy is active on TwitterFacebookInstagram, and even Pinterest. That way, we can keep you updated on helpful insurance tips, news stories and much more.

Additionally, you can get free car insurance quotes instantly on our website, over the phone, or via our mobile app. We offer quotes for classic cars, commercial cars, watercraft, businesses, homes, and that’s not all. Simply follow whichever method you find more convenient to get a free, instant insurance quote today.

If you’d like to take a look at more blogs about proper vehicle/home maintenance or coverage, we have many of them on our website. News articles and blog posts are posted through Insurance Navy on a daily basis, Monday-Friday. Consider taking a look at these stories before you leave:

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