Watercraft & Boat Insurance in Miami, FL
Watercraft and boat insurance may cover physical damage or liability costs related to owning or operating a personal boat or other watercraft. It’s not always required by law, but some marinas and lenders may ask for proof of coverage.
What Does Watercraft and Boat Insurance Cover? 
Most standard policies include several types of coverage that may help you handle unexpected costs while using or storing your vessel. These coverages vary by insurer and may depend on your boat’s size, type and value. An agent may recommend the following:
- Liability coverage may help cover property damage or injury you cause to others.
- Physical damage coverage may help pay for repairs to your boat due to fire, theft, collision or storm damage.
- Medical payments coverage may pay for medical care if you or your passengers are harmed in a boating accident.
- Uninsured/underinsured boater coverage may prevent financial loss when another boater who lacks insurance causes an accident.
- Towing and assistance coverage may provide on-water towing or emergency services like fuel delivery.
Watercraft and boat policies typically exclude coverage for general wear and tear, mechanical breakdown, intentional damage and damage that happens during racing or commercial use. Many policies also exclude coverage if the boat is operated outside of a defined territory or during hurricane season without proper precautions.
What Optional Coverages Can I Add to My Policy?
Insurers offer several add-ons for broader coverage. Popular options include trailer coverage, personal property coverage for gear or electronics, fishing equipment protection, and hurricane haul-out service. Some owners also add fuel spill liability or wreck removal coverage to meet marina contract terms. Discussing available options with your insurance provider can help you decide which upgrades make sense based on how and where you use your watercraft.
Get Covered Today
Carrera Insurance offers watercraft and boat insurance plans at favorable rates. Contact us today to learn more.