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Boat or Yacht Insurance

Travelers is proud to work with the finest Independent Agents

Protect your adventures with boat or yacht insurance

We care about protecting what matters to you. From personal watercraft to sailboats, fishing boats to luxury yachts, Travelers offers insurance solutions designed with many types of boats in mind. Make sure your watercraft and everyone on board are protected with coverage that addresses your specific watercraft needs. Get a boat or yacht insurance quote and get ready to enjoy your time on the water – knowing you’re backed by protection you can trust across our diverse range of marine offerings.

Why do I need boat or yacht insurance?

We know your watercraft represents both a significant investment and an important part of your recreational life. Boat or yacht insurance can help protect what matters to you – your vessel, your passengers and your financial well-being.

The liability coverage in your boat or yacht insurance demonstrates our commitment to helping protect you financially if you cause injury to others or damage their property while using your boat or yacht.

Medical payments coverage provides reimbursement for injuries to you and your guests. We’re also there for you when unexpected challenges arise, with towing reimbursement coverage available on boat or yacht insurance policies. For enhanced protection, TravAssist Boatside® Premier On-Water Towing and Assistance coverage is available to help provide extra peace of mind while boating.

What does a boat insurance or yacht insurance policy cover?

We’ve designed our boat and yacht insurance policies with your protection in mind. Our base boat and yacht insurance policies include essential protections to help protect you and your vessel, such as:

  • Uninsured/underinsured boater coverage
  • Towing assistance and reimbursement
  • Personal property coverage
  • Physical boat damage coverage
  • Boat liability coverage

We’re committed to helping you choose the boat or yacht insurance that encompasses your boating needs and helps provide the care and protection you deserve.

What’s the difference between a boat and a yacht?

Watercraft come in many shapes and sizes. Generally, we classify watercraft under 27 feet in length as boats, while vessels 27 feet and longer are considered yachts.

This distinction helps us provide coverage that works with your specific needs and risks associated with different watercraft sizes.

Yacht owners typically need different coverage due to the higher value of their vessels, more complex systems and extended cruising capabilities. Our yacht policies include enhanced features designed specifically for these larger vessels, while our boat policies are crafted to efficiently and affordably protect smaller watercraft.

Not sure which category your watercraft falls into? Our marine specialists can help determine the policy for your specific watercraft, regardless of classification.

Boat insurance coverage: What watercraft are protected?

Travelers offers insurance protection for a wide range of watercraft to meet your specific needs. We offer policies for watercraft including, but not limited to:

Pontoon boats

Protect your pontoon boat with insurance options specifically designed for these popular vessels. Whether you use your pontoon for leisurely cruises or entertaining guests, our policies can help safeguard your investment.

Personal watercraft

Get protection for personal watercraft. Our coverage helps protect against physical damage, theft and liability claims, allowing you to enjoy these vessels with confidence.

Center console fishing boats

Designed for the avid angler, coverage for center console fishing boats helps protect your vessel whether you’re casting in coastal waters or inland lakes. Our boat insurance options can help you worry less on your fishing adventures by providing protection for your vessel.

Classic/antique boats

Preserve your maritime heritage with specialized coverage for classic and antique boats. These unique vessels often require special consideration for their historical value and restoration costs, which our policies are designed to address.

Sailboats

From small daysailers to larger cruising vessels, our boat insurance can provide protection for your wind-powered craft. Enjoy your time on the water knowing your sailboat is protected.

Contact a Travelers representative or independent agent today to learn more about our affordable coverage options for your specific type of watercraft.

Yacht insurance coverage options

Your yacht is more than just a vessel – it’s a lifestyle and a significant investment that deserves exceptional care. Our premium yacht insurance provides dependable protection for your vessel, including physical damage coverage, liability for injuries or property damage, personal effects coverage and emergency assistance when you need it most.

Our team of marine specialists is dedicated to protecting your investment whether you’re in familiar waters or embarking on longer journeys. With adjustable navigation limits and responsive claim specialists ready to help, your investment remains protected while you enjoy your time on the water.

How much does boat and yacht insurance cost?

Boat and yacht insurance costs vary based on the state where you use your watercraft and the coverage options you select. Our team works with you to find a balance of comprehensive protection and affordability that works for you. For instance, boating insurance options – such as agreed value policies – will generally cost more than actual cash value policies. If keeping boat and yacht insurance costs down is a priority, we can help you explore options like choosing a higher deductible to reduce your policy premium. Please note, the higher your deductible, the more you are responsible to pay out of pocket in the event of a covered claim. Depending upon the state where the watercraft is used, boat and yacht insurance policies can be purchased at a very reasonable price.*

Ways to save 

Bundling multiple policies and taking safe boating courses are just a couple of the ways that can help you save money on boat insurance and yacht insurance while maintaining the quality protection you deserve.

Boat and yacht insurance discounts

Travelers offers a range of discounts to help you maximize savings while maintaining quality protection for your watercraft.

  • Multi-vessel discount - You may be eligible for a discount when you insure more than one boat or watercraft on a single policy.
  • Boat insurance discounts for education - Complete approved boating safety courses to potentially reduce your premium costs.
  • Yacht lay-up discounts - Save during seasons when your yacht is stored and not in use.
  • Pay-in-full discount - Choosing to pay your entire premium at once rather than in installments may make you eligible for a discount.**
  • Early quote discount - Requesting a quote before your existing policy ends may help you qualify for a discount on your boat or yacht insurance premium.**
  • Loss-free discount - Boaters who maintain a history free of claims may qualify for a special discount on boat or yacht insurance.

**Not available in all states, including CA.

Bundle and save

Bundle your boat with yacht, auto or home policies for potential savings on premiums and simplified policy management. Enjoy streamlined coverage with consolidated billing and protection for your watercraft, vehicles and home.

Got questions? We have answers. 

Explore common questions that are asked before, during or after purchasing boat or yacht insurance. 

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