Do boat owner's policies cover theft?

I own a boat and am considering getting insurance on it. There have been several thefts in my area, and I'd like to make sure I'm covered if my boat is targeted. Does boat insurance cover theft?

“Frequent theft can be a serious issue; I’m sorry you’re dealing with that! Luckily, though, boat insurance provides coverage for two types of theft.
One is for the boat itself, which is under property coverage. The other is for personal effects, which covers your personal property or items like fishing equipment. While the types of coverage can vary from company to company, most boat insurance policies are fairly similar.
Since you’re concerned about theft, you’ll want to shop around with various companies to determine the best rates and coverages. By requesting quotes, you’ll be able to see how expensive coverage for theft might be.
Major companies like Allstate and GEICO offer boat insurance.
If your home or auto insurance provider also offers boat insurance, you might be able to save money by bundling your policies.
To get the best deal on boat insurance, check out the Jerry app—we’ll get you multiple customized quotes from different providers instantly, so that all you have to do is choose what works best for you. (And once you’ve chosen a new policy, we can help you switch over as well!) That way, you can rest assured that you have all the coverage you need and that you’re getting the best deal on it, too.”
Emily Maracle
Answered on Sep 01, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.

Did this answer help you?

Ask us a question by email and we will respond within a few days.

Have a different question?

You can meet us at our office and discuss the details of your question.