Boat Insurance

Get a boat insurance policy to protect your investment.

Boat insurance helps you protect your boat or personal watercraft (PWC) investment. So if you travel across lakes, rivers, or ocean waters of the United States we can help keep your peace of mind afloat. Whether you're looking for a new boat insurance policy or just to save money, we can help you get started with a free boat insurance quote.

Make boating better, together. Experience and a name you can trust go a long way when you're shopping for boat insurance. That's why the GEICO Marine Insurance Company has teamed with BoatUS, the nation's largest group of recreational boat owners. Since 1966, BoatUS has been helping to make boating safer, more affordable, and fun. Together, we share a passion for all things boating.

We all want cheap boat insurance rates, but customer service matters too. Protect your investment with boat insurance you can count on and get your free online boat insurance quote today.

Why do you need boat insurance?

A boat insurance policy helps protect you and your boat. If you don't have a separate boat insurance policy, you're probably underinsured. This could mean paying a lot out of pocket for accidents outside your control. Many homeowners policies cover minor boating risks but don't cover your needs sufficiently due to:

  • Size restrictions
  • Limitations on horsepower
  • Limits on damage coverage

Check out our "boating insurance explained" video and article here for more reasons why boat insurance is a smart idea.

Boat insurance can provide coverage for:

  • Damage to your boat including hull, sails, equipment, and more.
  • New boat replacement
  • Fuel spill liability
  • Liability to pay for damages and injuries you cause if you hit another boat, person, dock
  • Medical coverage for you and persons in your boat.
  • Wreckage removal

What types of watercraft are covered by boat insurance?

All boats aren't the same. You need to customize your boat insurance to meet your needs and provide your watercraft with the proper coverage. Here is a list of the most common types of watercrafts.

  • Pontoon boats are one of the most popular inland water boats. They are a flattish boats that rely on floats to remain buoyant. Their wide and spacious area is great for many passengers to enjoy the ride.
  • Personal watercraft (PWC) are powered by a water jet pump and the rider generally sits, stands, or kneels on it. There are many types of PWCs which include WaveRunners, Sea-Doos and more.
  • Fishing and bass boats are designed and equipped for fishing. Most are powered by an outboard motor and are equipped with power poles, trolling motors, etc.
  • Powerboats are the most popular type of boat used for cruising, watersports, and so much more.
  • Sailboats are propelled partly or entirely by sails.

If you don't see your watercraft listed and are looking for more information on different types of boats and insurance for boats, check out our boat FAQ page.

What does boat insurance cover?

A policy insures your boat against damage and loss caused by common risks, such as collision, fire, storms, and theft. Boat insurance may also help protect you if you accidently injure someone or damage their property with your boat.

Service and Claims

When you choose GEICO Boat Insurance, you have access to:

  • Licensed agents as passionate about boating as you are
  • Specialized service including 24/7 claims handling and towing
  • Experience you can rely on

24/7 Boat Towing*

GEICO Marine Insurance Company has teamed with TowBoatUS, the nation's largest towing fleet to provide:

  • 24/7 boat towing assistance
  • On the water towing services provided by TowBoatUS
  • Fuel delivery services
  • Digital dispatch through the BoatUS app and more

Personal Watercraft (PWC) Insurance Coverage

You can get a boat policy for your PWC. Typical PWC insurance coverage includes:

  • Damage to another craft or dock
  • Physical damage to your watercraft
  • Towing assistance

How much does boat insurance cost?

Boat insurance is based on the type of boat, length, number of engines and horsepower, how you use it (recreation, commercial charter, racing, etc.), and how and where it will be stored. All of these factors, including the experience and claims record of the owner will factor into the cost of boat insurance.

You could save even more with these boat insurance discounts.

We know discounts and our watercraft insurance agents can help you get them to help you save on your boat insurance quote.

Multi-Policy Discounts

If you're a current GEICO Auto Insurance policyholder, you could save on your boat insurance.

Boat Safety Courses

We know that safety comes first when you're having fun on the water. When you pass boat safety courses, you could save money on your boat insurance. Haven't taken one yet? Check out available courses from the BoatUs Foundation Site.

Need to speak with a boat insurance sales representative?

You can reach us at (855) 395-1412

  • Mon - Fri
    8:00 AM - 10:00 PM (ET)
  • Sat - Sun
    8:00 AM - 9:15 PM (ET)

Boat Insurance: Get the answers you're looking for.

  • Is boat insurance required?
    Boat insurance liability coverage is only mandated in a few states, so always check insurance requirements for the state you're boating in. Physical damage coverage is required by your lender if you're financing your boat or watercraft. If you keep your boat at a marina, the marina may require you to have liability coverage.
  • What type of coverage does boat insurance provide?
    Boat policies can provide coverage for:
    • Damage to your boat including hull, sails, equipment, and more.
    • New boat replacement
    • Fuel spill liability
    • Liability to pay for damages and injuries you cause if you accidentally hit another boat, person, or dock
    • Medical coverage for you and persons in your boat.
    • Wreckage removal
  • Are there any boat types that GEICO will not insure?

    There are some types of watercraft that can't be added to a new or existing GEICO boat policy:

    • Airboats, amphibious land boats or hovercraft
    • Boat with more than 4 owners
    • Boats over 50 feet in length
    • Boats over 40 years old
    • Boats valued over $2,500,000
    • Floating homes
    • Homemade boats
    • Houseboats that do not have motors
    • Steel hulls
    • Wooden hulls
    • Watercraft previously deemed a constructive total loss
  • Does boat insurance cover theft?
    Our Ageed Hull Value, and Actual Cash Value policies protect against damage to your watercraft from incidents out of your control, including theft.
  • How do I make a payment or manage my boat insurance policy?
    Managing your boat insurance policy and making payments is easy in the BoatUS app. You can also manage your policy or make payments online, or by calling (800) 283-2883.
  • How do I report a claim on my boat insurance policy?
    You can report your claim through the BoatUS app. Claims can also be reported online, or by calling (800) 937-1937.

GEICO has teamed up with its subsidiary, BoatUS, to bring boaters a policy developed by specialists, with the great service you expect from GEICO. Policies are underwritten by GEICO Marine Insurance Company. BoatUS—Boat Owner's Association of The United States—is the nation's largest association for recreational boaters providing service, savings and representation for over 50 years.

The above is meant as general information and as general policy descriptions to help you understand the different types of coverages. These descriptions do not refer to any specific contract of insurance and they do not modify any definitions, exclusions or any other provision expressly stated in any contracts of insurance. We encourage you to speak to your insurance representative and to read your policy contract to fully understand your coverages. Some discounts, coverages, payment plans, and features are not available for all customers, in all states, or in all locations.

*Boat and PWC coverages are underwritten by GEICO Marine Insurance Company. The TowBoatU.S. Towing Coverage Endorsement is offered by GEICO Marine Insurance Company, with towing services provided by the BoatU.S. Towing Program. Towing coverage only applies to the insured watercraft.