What’s included with boat insurance?

Protection for your watercraft and personal items onboard

Whatever name people use for it – “boaters insurance,” “sailboat insurance,” or “watercraft insurance” – PEMCO boat insurance earns top customer reviews for year-around protection whether you’re docked or out on the water. Coverage is good anywhere in the continental United States (excluding Alaska) and Canada on all inland lakes, rivers, and navigable waterways. You’re also covered 75 miles off the Pacific Coast of either the continental United States (excluding Alaska) or Canada (including the Queen Charlotte Islands, but not more than 12 miles off their western shore).

Damage to Your Boat Coverage

Pays for damage to your boat, personal watercraft, motor, or trailer caused by an accident.

Agreed Value Coverage

If your watercraft package is a total loss, we’ll pay the agreed amount listed on your policy. This coverage protects you from depreciation of value over time.

Emergency Service Coverage

Provides coverage for labor at the site of the breakdown, towing to the nearest repair facility, and delivery costs for fuel, oil, or a battery.

Replacement Coverage for Personal Belongings

Add this optional coverage up to $5,000 to protect all your fun-on-the-water gear (like clothing and sporting equipment).

Replacement Coverage for Fishing Equipment

Don't get left on the hook for accidentally damaged or stolen gear! Choose this optional coverage (available to $10,000) and relax knowing your equipment is protected whether it's on your boat, stored in your garage, or even set as a trap in the water.

Mechanical Breakdown Coverage

Choose this optional coverage that pays for certain parts in your outboard or inboard/outboard motor if the breakdown is caused by normal wear and tear.

Protection for you and your passengers

If you or a family member is ever hurt in a boating accident, PEMCO protects you with:

Underinsured Boater Coverage

Pays medical costs if you or a family member is hurt in an accident with another boater without insurance — or with too little insurance. Not everyone is as responsible as you are.

Medical Payments Coverage

Pays medical and funeral expenses for everyone on a covered boat if an accident causes bodily injury or death. If you have more than one boat, then all must have the same limit of coverage.

Protection from liability

Get peace of mind if you’re ever found legally liable for an injury or damage on the water:

Liability Coverage

May pay when you or a family member is legally liable for either bodily injury or property damage while using your boat. Takes care of defense costs if you must go to court.