New York Boat Insurance

New York doesn’t legally require boat insurance, but having coverage is a smart way to protect your investment and avoid unexpected costs. Storm damage, theft, or accidents can happen at any time, and insurance can help cover those risks.

With GEICO Marine, New York boaters get more than just affordable insurance. You get flexible coverage options, access to optional towing through TowBoatUS, and support from BoatUS—the nation’s largest group of recreational boaters with over 50 years of experience in making boating safer and more enjoyable.

Is Boat Insurance Required in New York?

New York does not require boat insurance for personal or recreational watercraft. You’re free to enjoy the water without a policy, but that doesn’t mean it’s a good idea to go without coverage.

If you financed your boat, your lender will likely require insurance until the loan is paid off. Marinas and storage yards may also ask for proof of liability insurance before they allow you to dock or store your boat. Without insurance, you could be left paying for repairs or legal claims out of pocket if something goes wrong.

New York Boat Insurance Coverages

GEICO offers flexible boat insurance options you can personalize to match your needs.

Common coverages for New York boaters include:

• Liability Coverage: Covers injuries or property damage you may cause to others while operating your boat, including legal fees if you’re sued.
• Hull and Equipment Coverage: Helps pay to repair or replace your boat, engine, and boating equipment due to damage from a covered event. Boating equipment includes items you own and regularly carry aboard that are needed for safe operation and routine maintenance.
• 24/7 Boat Towing: Optional towing coverage is available through TowBoatUS, providing emergency services if you break down on the water. This optional service helps get you back to shore safely.

You can combine these coverages to build a policy that fits your New York boating lifestyle.

How Much Does Boat Insurance Cost in New York?

Boat insurance costs in New York can vary depending on many factors. Whether you're boating on Lake Ontario or in the bays around Long Island, your premium is based on how and where you use your boat.

Some things that affect your rate include:

• Type of boat: Larger or faster boats may come with higher insurance costs.
• Length and horsepower: More powerful or longer boats usually cost more to insure.
• Usage: Boats used for business purposes may cost more to cover than those used occasionally for fun.
• Storage location: Storing your boat in a safe, secure area can help lower your premium.
• Boater experience and claims history: If you’ve been boating for years without any claims, you may qualify for better rates.

GEICO Marine can help tailor a policy that reflects how you use your boat so you get the right protection at a fair price.

New York Boat Insurance Discounts

GEICO offers several ways for New York boaters to save on their premiums without cutting back on coverage. These discounts reward safe habits and help make quality protection more affordable.

You may qualify for savings through:

• Multi-Policy Discount: If you already have a GEICO auto policy, bundling boat insurance may help reduce your premium.
• Boat Safety Course Discount: Completing a state-approved safety course, like the BoatUS Foundation safety course, may earn you a discount and make you a more confident boater.
• Loss-Free Credit: If you’ve had no claims during your policy period, you may be eligible for a renewal credit.

These discounts make it easier to enjoy full coverage while keeping your insurance budget-friendly.

Boat Insurance Limits and Deductibles

Understanding limits and deductibles can help you make smart choices when setting up your boat insurance policy in New York.

• Deductibles: This is the amount you’ll pay out of pocket before your insurance covers the rest. A higher deductible may lower your premium, but it increases if you have a claim.
• Coverage Limits: These are the maximum amounts your policy will pay for a covered claim. It’s important to choose limits that match your boat’s value and how you use it. If your claim goes over the limit, you’ll need to pay the difference.

A GEICO Marine specialist can walk you through these options to help you strike the right balance between monthly cost and long-term protection.

Why GEICO is the Best Boat Insurance in New York

GEICO makes boat insurance simple, affordable, and dependable for boaters across New York. Whether you're navigating the Hudson River, enjoying the Finger Lakes, or docking along Long Island Sound, GEICO offers flexible coverage that fits your boating lifestyle.

You’ll also get support from BoatUS—the nation’s largest group of recreational boaters, with over 50 years of experience helping make boating safer and more enjoyable. With fast claims handling, helpful digital tools, and flexible payment options, it’s easy to see why so many New Yorkers trust GEICO for boat insurance.

Get a Free Boat Insurance Quote in New York

Understanding your coverage options is key to protecting your boat, your passengers, and your wallet. Whether you need basic liability protection or want to add towing and equipment coverage, GEICO makes it easy to personalize a policy that matches how you boat in New York.

Take advantage of available discounts, explore optional add-ons, and compare quotes to find a policy that gives you the confidence to enjoy your time on the water.

If you're looking for affordable boat insurance that doesn't compromise on coverage, GEICO and BoatUS offer options tailored to fit your needs.

Boat Insurance in New York FAQs

• Do boats in New York need to be registered?

  Yes. Most boats in New York must be registered with the Department of Motor Vehicles (DMV). This includes all motorized boats and sailboats over 14 feet in length. Once registered, you’ll receive a certificate and numbers that must be properly displayed on your vessel.

• What types of watercraft are covered by boat insurance in New York?

  GEICO boat insurance covers a wide range of recreational boats, such as fishing boats, powerboats, pontoons, sailboats, and personal watercraft like jet skis. Coverage depends on how the boat is used and stored. A GEICO insurance specialist can help tailor a policy that works for your specific vessel and needs.

• Does taking a boating safety course lower my insurance in New York?

  Yes. Completing a recognized boating safety course, like the free BoatUS Foundation safety course, may qualify you for a discount on your boat insurance. It also helps you become a safer and more confident boater.

• Are all boaters in New York required to wear a personal flotation device?

  New York law requires children under the age of 12 to wear a U.S. Coast Guard–approved life jacket while on a vessel underway. Additionally, anyone operating or riding a personal watercraft, and those being towed (like on water skis), must wear a life jacket, regardless of age.

• Does homeowners insurance cover boats?

  Most homeowners insurance does not fully cover boats. When it does, there are often restrictions based on size, horsepower, or type of watercraft. To protect against theft, accidents, or damage from fire or lightning, it’s best to have a dedicated boat insurance policy. Boat insurance may also provide liability coverage if you accidentally injure someone or damage property while boating.