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frequently asked questions

managing your boat insurance coverages

Boat insurance through Esurance offers a wide variety of coverage options. This section will help you find the coverages that are right for you.

Basic coverages

What your boat insurance covers

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Basic coverages


Do I need to get comprehensive/collision coverage on my boat policy?

It's entirely up to you. Comprehensive covers non-collision damage caused by theft, fire, vandalism, or flooding, and collision covers accidents involving another boat or object. Comprehensive/collision coverage applies regardless of who was at fault, and you can select your deductible up to a max of $5,000 per incident.

When you select your comprehensive/collision limits, you can choose one of
3 total-loss coverage options: actual cash value, agreed value, and total loss replacement coverage.

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Am I required to have bodily injury/property damage coverage on my policy?

Yes. Even if state law doesn't require it, bodily injury/property damage coverage comes standard with every policy. It covers your legal liability due to an accident, including the cost to replace or repair damaged property, and the medical bills and lost wages of persons injured in the accident.

Bodily injury/property damage coverage limits can range up to $500,000.

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What is uninsured/underinsured boater coverage?

This covers you for the expenses you're legally entitled to recover from another boater who injures you in an accident if that boater is either uninsured or underinsured.

As with bodily injury/property damage coverage, your limits can range all the way up to $500,000.

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What's the difference between total loss replacement, agreed value coverage, and actual cash value coverage?

These 3 coverages kick in when your boat is declared a total loss, and you can choose which coverage and deductible amount you prefer when you get your
boat insurance quote.

  • Total loss replacement (also known as purchase price coverage): Your boat will be replaced with a new one of the same make, class, size, and type, and that comes with comparable equipment. If such a boat is unavailable, your boat will be replaced by a boat that is as similar as possible. If you choose not to replace the boat or if it's more than 5 years old, your insurance will pay you the amount of the original purchase price.
  • Agreed value coverage: You and the insurance provider agree on a specific value for your boat, and that amount is paid in the event of a total loss regardless of the boat's current market value. To determine your boat's value, check the NADA appraisal guide.
  • Actual cash value coverage: Your insurer pays either the market value of your boat at the time of loss or the rating base, whichever is lower. Your boat's rating base is the value of your boat when you first bought your policy, which isn't necessarily the same as the value of the boat when you bought it.

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What your boat insurance covers


If my boat breaks down in the water, what will my insurance cover?

If you buy boat insurance through Esurance, the following coverages will help with the expenses involved.

  • If you wreck or sink your boat: Wreckage removal is included as part of your comprehensive/collision coverage and pays for certain costs involved in raising, removing, or destroying your boat.
  • If you keep your boat afloat: On-water towing and labor coverage is included with your policy, and you can choose to have $300, $500, $1,000, or $2,500 covered per incident.
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Does my boat insurance policy cover my boat when it's in Mexico or Canada?

Yes. When you buy through Esurance and your boat is damaged in Canada, you're protected. Please note that the damage must have occurred within 50 miles of the coast. Special rules apply to losses incurred in Mexico, so check your policy's details for more info.

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Are injuries caused by water sports covered by my boat insurance policy?

If you purchase medical payments coverage, injuries resulting from waterskiing, knee boarding, tubing, and wakeboarding are covered.

Parasailing, hang gliding, kite skiing, and other airborne activities are considered too risky, so they're not covered by your boat insurance policy.

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Does my boat insurance policy cover boat trailers?

If you request trailer coverage, we will insure it against losses due to fire, theft, and collision. Roadside assistance comes standard with trailer coverage, so if your trailer or tow vehicle is disabled while pulling your boat, we'll fix it on the spot or tow it to someone who can — even if the tow vehicle is insured by another company. It's available 24/7 and comes with no deductible.

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Does boat insurance cover my personal property?

Yes, as long as you have replacement cost personal effects coverage on your boat policy. This pays for loss or damage of personal property that belongs to anyone aboard the insured boat. This coverage has a max of $5,000, with a $1,000 limit on each lost or ruined item. The deductible is typically $250 per item.

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Is my fishing equipment insured through my policy?

If you buy your boat insurance through Esurance, you can add fishing equipment coverage to your policy. This coverage protects your rods, reels, and tackle whether they're on the boat or in the garage. There is a $250 deductible on each loss. The maximum coverage limit is $10,000, with a $1,000 limit on each individual item.

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Are pets covered under my boat insurance policy?

Yes, pet injury coverage is included at no extra charge when you buy boat insurance through Esurance. This covers any vet-related bills resulting from a pet injury that occurred as the result of a covered comprehensive or collision claim while aboard the insured boat. It includes a limit of $1,000 per veterinary bill.

Visit our pet insurance page if you're looking for off-the-water coverage for your cats and dogs.

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Does boat insurance cover engine damage?

Yes. Engine damage is covered by your policy's comprehensive/collision coverage. When you file a claim, agents can help you find a reliable repair shop that can restore or replace your boat's engine.

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What types of coverages are unavailable?

Policies that only include physical damage coverage or engine/motor coverage are not provided through Esurance. And if your boat is more than 20 years old and is valued at $40,000 or more, physical damage coverage is not available.

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Did we miss your question? We'll be happy to answer any lingering questions via email or on our Facebook Wall. We'll get back to you as soon as possible.

This page is intended to provide you with general information about boat insurance, and to help you understand the various kinds of coverage. It does not describe or refer to any specific policy or coverage. For information about your particular coverages, including limitations and exclusions, we encourage you to read your policy contract and consult your insurance representative with any questions.