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How much does boat insurance cost?

What is the average price paid for boat insurance? I've owned a 20-foot boat for years and have never purchased insurance.

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Sophie Newman · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Boat insurance can start around $10 a month, but it varies widely depending on the type of boat you’re insuring.
Other factors that affect your boat insurance rates include:
  • The type of coverage you want
  • The location you store your boat
  • If you bundle policies with your current company
Some major providers offer competitive prices, such as:
If you already have a car or home policy with one of these companies, then they’re a good place to start looking for boat insurance. You can also request quotes online or go to
Jerry
for easy comparison shopping. Jerry does all the hard work of comparing policies and finding the best deals for you for free. You can text Jerry’s friendly agents through the app to get help finding the best insurance policy.”
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