Boat Insurance

Boat insurance is insurance coverage to protect your watercraft in the event of damage from different things. Damage can occur if you are involved with another boater, fire or vandalism damage, etc. Boat insurance can help cover repair costs, liability claims, and more. We offer this vital coverage here at Riverside Farmers Insurance.

Boat Insurance Requirements

Boat insurance is not required in Maryland. However, it is highly recommended to have it. Your lender may require boat insurance if you lease or finance your boat. Additionally, certain marinas may require you to obtain or show proof of insurance.

Boat Insurance Coverage

Boat accidents can occur while you are on the water. They can also happen while transporting your boat from one place to another or while it is being stored when you are not using it. Boat insurance is available in various options, including theft, vandalism, liability, property damage, comprehensive, collision, medical payments, and uninsured coverage.

Additionally, boat insurance is also offered for actual cash value or the agreed value. Agreed value coverage provides protection depending on the value of your boat when the policy is written. Actual cash value offers protection based on the actual cash value of your watercraft at the time of your loss.

These coverage options will pay for the following:

• Vandalism or theft
• Medical expenses for both you and your passengers
• Collisions with objects or other boaters
• Towing
• Physical damage resulting from severe weather

We can help you determine the type of coverage you need based on how often you use your boat and what you use it for.

Give Us A Call

To obtain a quote for boat or watercraft insurance, don't hesitate to contact Riverside Farmers Insurance today. We are located in Maryland.