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Boat Insurance

Carroll Steele Insurance provides the best available selection of insurance products from over 35 insurance companies. Having such a large selection enables us to provide a variety of insurance products, discounts and programs specific to our customers life style and needs.
 
  • Overview
  • What It Covers
  • Available Discounts
  • FAQs
  • Learn
  • Get A Quote!
Overview

Boat insurance is financial protection to cover you and your loved ones from the costs of unexpected events damaging your boat or the costs you may be liable for due to boat-related accidents. There is no law requiring that you purchase insurance for your boat, but it is prudent to consider this coverage to protect the investment you have made in your boat.

Boat insurance works similar to the insurance for your car, and can protect in the same way. But, since boats have different features than your car, you will want to make sure your insurance company gives you all the coverage's you need and any savings that may lower your premium before you get a boat insurance quote from an insurance company.

Basic Policy Coverage
Coverage
Description
Liability

Applies to injuries you, the designated driver or policyholder cause to someone else. You and family members listed on the policy are also covered when driving someone else's boat with their permission. Liability insurance protects you from serious financial loss if you are sued stemming from a serious accident.

Protect Your Financial Health! Consider buying more than the state-required minimum to protect assets such as your home and savings.

Underinsured Boaters Liability
Liability coverage from underinsured boaters
Uninsured Boaters Liability
Liability coverage from uninsured boaters
Medical Payments
Pays for the treatment of injuries to the driver and passengers of the policyholder's boat.
Physical Damage
Pays for damage you (or someone driving the boat with your permission) may cause to someone else's property.
Hull
Coverage for the actual boat.
Motor Coverage

Covers damage to motor

Trailer
Covers damage to trailer
Electronic Equipment
Coverage for electronic equipment
Personal Property

Loss, damage or theft of personal items and items used to run the boat. Coverage also usually includes personal items of others while on the boat. Sometimes limited to 50% of actual insured amount of boat.

Towing

Provides cost coverage for towing of boat for any reason.

 

Available Discounts
Below are some of the most common discounts available by the various insurance companies we carry.
ITEM
Discount %
Description
Approved boating education course
varies by company
Discount for taking a Coast Guard approved boating course.
New Boat
varies by company
Discount for newer boats.
Automatic Fire Extinguisher
varies by company
Auto fire extinguisher systems provide additional credit
Burglar Alarm
varies by company
Burglar alarm provides additional credit
Ship-to-shore Radio
varies by company
installed radio provides additional discounts

 

Frequently Asked Questions
Question
Answer
Does my homeowners policy cover my boat?

Depends. Depending on the size and type of boat you have your homeowners policy does offer some coverage. The length and speed of the boat are the two factors determine coverage. To find out if your boat is covered under your homeowners, or condo insurance policy please refer to your policy.

If you have a question that isn't answered here please submit it to us using our Ask An Expert forum!

Learn About Boat Insurance

According to information from the U.S. Coast Guard, property damage to boats has been increasing. Many states now require boat owners to have boat insurance. If you have your boat on a loan or use a marina, you will probably also be required to have boat insurance. If you are not required to insure your boat, it is important you still consider purchasing boat insurance from an insurance company.

3 Ways To Get A Quote

For your convenience we provide 3 different ways to request a quote. Select which is easier for you.

Online Quote Form

Request a quote using our online quote form. It takes on average about 10 minutes to complete.

Boat Insurance

Fax or Mail Us Your Current Policy

Fax or Mail us your current policy and we'll provide you a quote. No need to fill out an online quote form- It's simple and quick! Click the button below to download and print our fax / mail cover sheet.

eMail Us Your Current Policy

Everything we need to know is within your current policy declaration page. Simply email us a copy and we'll email back a quote.

Basic insurance policy coverage's vary with each insurance company. The above information is offered as a general summary of the most common coverages offered on a typical Massachusetts insurance policy and may not include all coverage's or complete details of all coverages that may be available. To determine the best coverage and policy for you and for a complete understanding of coverage's available please give us a call @ 1.800.570.9697, or email us- we are here to help you for all your insurance needs.

  

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