Boat insurance helps protect you, your boat, or personal watercraft if there’s an accident. It can cover costs if you injure someone or damage another person’s property while using your boat. It can also protect you if your motorboat, sailboat, or other watercraft is stolen.
It’s usually better to keep your boat insurance separate from your homeowner’s policy. Most homeowner’s insurance plans don’t fully cover boating risks like salvage work, wreck removal, pollution, or environmental damage—though some may offer limited coverage.
At OLPolicy, we provide customized boat insurance designed to fit your needs. We consider important factors like the size and age of your boat, as well as where it is kept and used. Our coverage helps pay for costs related to boating accidents, including repairs and medical expenses.
Bodily Injury: If someone gets hurt while on your boat, the insurance company will pay for their medical expenses. After an injury, you will need to fill out the form provided by the insurance company to make a claim.
Liability Coverage: This covers the repair costs for your boat if it gets damaged. Some examples include:
Property Damage: This coverage pays for damage to someone else’s property if your boat is involved in an accident. It may also include pollution liability coverage and the cost of removing debris from the water.
This helps cover medical bills if you or someone else gets hurt while driving or riding in your boat. In many cases, your boat can be returned once you provide the needed documents.
This covers damage to your boat, motor, trolling motor, trailer, and any fixed or portable boating equipment if you’re in an accident with another boat or object.
Storms and other natural events at sea can cause serious damage to your boat. Normally, the boat owner must pay for these repairs. But if your boat is insured, the insurance company will cover the costs.
Yes, at OLPolicy, we make it easy to protect your boat and yourself with the right insurance coverage. Boat insurance is required in Arkansas and Utah, and many marinas and docks ask for liability coverage before allowing you to store or launch your boat.
Boat insurance is especially important for frequent boat owners, fishermen, or those who take long trips at sea, as it helps cover accidents, damage, and other risks.
Protect your boat today—contact OLPolicy to get a customized insurance plan and enjoy peace of mind on the water.
