Feel free to view, download, or print our Boat Insurance FAQ!
Comprehensive Boat Insurance Solutions for Owners and Renters
Liability insurance for boat owners, renters, and businesses
Get StartedDon't Let an Accident Sink You: Get the Ideal Boat Insurance Solution
Being on the water can be unpredictable, and if your boat accidentally causes damage, your business and your life could take a huge hit. Proper coverage is necessary whether you own a boat business or have a personal watercraft.
While some states do not require boat owners to carry boat or personal watercraft (PWC) insurance, you’ll face significant risk without proper coverage. If you cause an accident while on the water, an injured party could sue to cover their medical expenses and damage to their property. If the lawsuit is successful, you could owe hundreds of thousands of dollars or more. Having the right amount of liability insurance reduces your exposure and protects your assets.
Protect Your Watercraft With Customized Coverage from XINSURANCE
XINSURANCE identifies customized insurance solutions for boat owners, boat renters, boat rental companies, and more. This covers boats and other types of watercraft you own or rent. We offer boat insurance solutions regardless of the size, type, or number of watercraft you need covered.
We can help businesses and individuals who have faced challenges like past declines, cancellations, or nonrenewals by a boat insurance company. If you’re struggling to get or even find the insurance coverage you need for yourself or your business, we can uncover a solution tailored to your needs.
Get started today by requesting a quote for personal or commercial boat insurance solutions!
See our Event Calendar for our boat racing schedule!
Types of Boats, Watercraft, and Businesses We Can Help!
- Speedboats
- Jet Skis
- High-powered watercraft
- Rentals
- Custom-built vessels
- Fiberglass, wooden, or metal vessels
- Homebuilt or commercial vessels
- Pontoon boats
- Houseboats
- Powerboats
- Sailboats
- Tiki boats
- Banana boats
- Fishing boats
- Paddleboats
- Yachts
- Kayaks
- Canoes
- Hydro flying
- High-performance racing
- Boat tour businesses
- Rental businesses
- Security or water patrol businesses
- Charter businesses
- And more!
View All
Watercraft and Commercial Boat Insurance Coverage
General Liability
Covers 3rd party bodily injury and 3rd party property damage for both personal and commercial use of your boat or watercraft.
Hull and Physical Damage Coverage
This coverage can protect the boat owner or renter against damage to their own boat, including the hull, machinery, and other equipment. It typically covers losses caused by perils such as collisions, fire, theft, vandalism, and certain natural disasters.
Uninsured Boater Coverage
This coverage can protect boat owners, renters, and passengers in the event of an accident caused by an uninsured or underinsured boater. It typically covers medical expenses, lost wages, and other damages that may result from the accident.
TRU Umbrella
Our TRU Umbrella Insurance solution can cover the gaps and exclusions in your primary policy. Traditional umbrella policies still have holes that leave you exposed. For true peace of mind, a TRU Umbrella solution is what you need.
Sudden or Accidental Pollution Coverage
This coverage can protect boat owners and renters against costs associated with sudden or accidental pollution incidents caused by their boat. It typically covers expenses related to containment and cleanup of pollutants, as well as liability for damages to the environment or third parties caused by the pollution event. This coverage can be particularly important for boat owners who use their vessels in sensitive marine environments.
View All
Want to Bundle This Coverage with More?
Our TRU Umbrella solution allows you to consolidate your coverage needs into one, fully custom plan. Enhance your protection and fill the gaps with XINSURANCE TRU Umbrella.
Learn MoreBoat Insurance FAQs
Doesn't My Homeowners Policy Cover My Boat?
A homeowners insurance policy may extend coverage to a boat, as long as the watercraft is relatively small. However, these policies typically provide minimal protection, include gaps that leave you vulnerable, and contain low liability limits that may not cover the full amount of a court-ordered award or settlement. Many boat owners turn to XINSURANCE to help them find extra coverage that gives them true peace of mind.
Typically, a homeowners policy may cover boats under 50 horsepower and under 26 feet long. However, you should check your policy to confirm. XINSURANCE can also review your policy to see if your boat is covered and if any gaps or exclusions leave you exposed. We can then find solutions for your boat if additional coverage is desired or needed.
Can You Provide “Normal” Boat Insurance?
Yes! We work with you to identify boat insurance solutions for your personal or commercial boat that the standard market does not offer.
Can You Identify Coverage Solutions for Rentals, and Can I Rent My Units on a Peer-to-Peer Platform?
Yes! We can find insurance solutions that cover businesses that rent boats and boats used on a P2P (peer-to-peer) app or platform. Your rented units can be used in lakes, oceans, rivers, and more.
We can identify a renters’ liability program, which may cover physical damage to units while being rented and personal liability coverage for the renter. We can also find transportation coverage solutions while under the renters’ care/control, so they can pick up and transport a rented unit.
Does XINSURANCE Offer a Lay-Up Period During the Policy Period?
Yes, we can underwrite and schedule a lay-up period on the policy. This policy covers boats taken out of service and stored safely for an extended period, such as during winter. Typically, during the lay-up period, you pay lower premiums. You may still receive protection against accidents or damage.
Can I Make Payments, or Do I Need to Pay in Full?
Yes, we offer insurance solutions with payment plans. These plans require a 25%, 30%, or 40% down payment, and monthly payments coincide with the length of your season.
Can I Add More Units During the Policy Period?
Yes, we encourage growth. However, for coverage to apply, all units must be scheduled to the policy.
Can I Cancel Boating Insurance After My Season Is Over?
Yes, but there will be no return of premium, as the policy has been underwritten around the exposure during the season. You should also consider the potential dangers during the offseason.
Some insurance solutions, such as hull and physical damage coverage, could help protect your boat in storage. Boatyard storage locations typically require insurance coverage for boats kept on their property during the off-season. Canceling coverage each year could also raise your costs over time.
Do I Need Insurance When I Rent a Boat?
While boat renters insurance is not legally mandatory, it is highly recommended since the owner’s insurance coverage may not cover all potential liabilities. It protects the renter against potential financial liabilities and provides peace of mind during the boat rental. Always check what the boat owner’s insurance covers and consider getting additional coverage if necessary.
View All
How To Get A Quote
Request Your Quote
Click the button below to get started on your quote
Specify Your Needs
We’ll schedule a call with you to consult on your needs, and collect more details
Get Your Custom Quote
We’ll use all the information provided to craft a highly personalized quote to address all of your specific insurance needs in one comprehensive policy
States That Require Boat Insurance
Which States Require Boat Insurance?
Only a few states require this coverage, and boating laws vary by state — these states are Arkansas, Hawaii, and Utah. Click or tap on your state to see more information and any requirements. Please note that laws are subject to change, and the information may not be current.
Arkansas
In Arkansas, boats with 50 horsepower or more are required to have insurance.
Limits:
- $50k minimum limit
Hawaii
In Hawaii, boat insurance is only required for boats parked in harbors, offshore moorings and other facilities owned by the Department of Land and Natural Resources (DLNR) Division of Boating and Ocean Recreation (DOBOR).
Requirements:
- Minimum requirement: $500k
- The state of Hawaii must be named as an additional insured
- Must cover particular scenarios, including the removal and salvaging of grounded or sunk watercraft
Utah
In Utah, boats with 50 horsepower or more are required to have insurance.
Limits:
- Bodily injury: $25k per person and $50k per incident
- Property damage: $15k
- Or a combined limit of $65k
View All
Want to Cover More Than Your Boat?
At XINSURANCE, we’re dedicated to identifying insurance solutions that meet your needs. Get a quote that covers all your recreational vehicles, from boats to snowmobiles and ATVs.
Know the Facts
In the United States, alcohol was the leading factor in boating accident deaths in 2023, totaling 79 deaths. Alcohol also contributed to 201 injuries in the same year.
In 2023, operator inattention was the most common factor in U.S. boating accidents, contributing to 586 accidents. The next most common factors were improper lookout and operator inexperience.
Recreational boating accidents in the United States totaled about $63.4 million in damages in 2023.
What our clients say
Insurance for all activities. Excellent product with total coverage for WHEN you need that extra help.
THIS IS INSURANCE I CAN TRUST TO PROTECT ME!
– Dave H.
Your Trusted Team for Tackling the Unexpected
Fighting for You Is What We Do Best
At XINSURANCE, we believe in taking an active role in defending the interests of our customers. When an insured is facing challenges such as frivolous lawsuits or unfounded charges, we take pride in staying by their side.
Unique Requirements Are Our Specialty
XINSURANCE specializes in covering the extraordinary cases that other agents lack expertise in. If you need something insured and can’t find a policy for it anywhere else — chances are our team will know exactly how to get you coverage for it.
Built-For-You Flexibility & Dedicated Support
The XINSURANCE approach to coverage is anything but “one size fits all.” Our specialty insurance experts work one-on-one with you to fully understand your circumstances, insurance needs, and high-risk areas up front. This means that by the time your policy is issued, we're fully prepared to support you through the worst-case scenarios — not drop you when an incident, claim, or lawsuit occurs.
More of Your Coverage - All in One Place
Though your policies won’t be “one size fits all,” XINSURANCE does take an all-in-one approach to insurance. This means that instead of buying several policies, we’re able to offer coverage solutions for your various needs all in one plan.
What You Can Expect From Our Team
Insurance solutions tailored to your needs
Expansive coverage options
Expert support when facing frivolous charges
Dedicated support & service
TRU Homeowners
There’s a wide range of reasons why your homeowners policy may not be able to offer you sufficient coverage. Fortunately, XINSURANCE can offer TRU Homeowners solutions to cover wind, floods, earthquakes, mudslides, wildfires, and more.
Jet Ski Rentals
Whether you’re an individual or an owner of a jet ski rental business, we can offer a plan that provides coverage specific to your needs and circumstances. Get the coverage you need Before you have to go without it when disaster occur.
TRU Umbrella
TRU Umbrella coverage is customized to fit your unique needs by filling the gaps and covering the exclusions in your primary policy for work, home, and play.
