Boat Insurance

Your financial life jacket.

Cast your worries aside and enjoy the water knowing you’re protected with the right insurance coverage.

Boat Insurance

Your financial life jacket.

Cast your worries aside and set sail knowing you’re protected with the right insurance coverage.

Insurance advice that will keep you afloat.

You run a tight ship, so the last thing you want to concern yourself with when you’re out on the water is whether or not you're properly insured. That’s where we come in. At Guided Solutions, we’re passionate about helping our customers make the right insurance decisions so that, no matter what life throws their way, they can stress less and live more knowing they’re well protected.

All hands on deck.

Stop wasting time researching boat insurance options online. We’ll do that for you.

First, we compare insurance rates from major and local carriers. Then we present you with the best options – same day, free of charge.

All we need from you is a little info to get started.

Here’s what you need to know about boat insurance.

Boat insurance functions much like car insurance, but has many of its own nuances. Here are a few things to consider:

Do you need boat insurance?

Yes! Aside from the financial risk of having to replace or repair your boat, you also need protection in case you or someone else is injured in a boating accident — regardless of who is at fault. Without insurance, you would have to pay for repairs and medical expenses out of pocket.

Is boat insurance required?

Boat insurance is required in Arkansas and Utah. Additionally, if you finance your boat, some marinas and lenders will also require coverage.

How much does boat insurance cost?

Common factors that determine boat insurance rates include: the value and age of your boat, the engine type, where your boat is used and stored, your experience level as a boat operator, and past claims history.

What does boat insurance cover?

Here are the types of coverage that are typically included in a boat insurance policy.

Property Coverage

Property coverage protects your boat against physical damage and loss due to risks like sinking, fire, theft, vandalism, and collision. This type of coverage typically applies to the boat regardless of whether it’s on or off land.

Liability Coverage

Liability coverage protects you from damages and injuries caused to others on the water. It can be used to repair or replace damaged property as well as cover an injured person's medical care, lost wages, and other costs incurred as a result of a boating accident for which you are at fault or partially at fault.

Medical Payments

This provides coverage of costs of needed care resulting from a boating accident, regardless of who is at fault. Medical Payment coverage is available from $500 to $10,000 and covers you, your passengers, and even your wakeboarders, skiers, tubers, etc.

Uninsured Watercraft Coverage

If you get into a boating accident with an uninsured boater, uninsured watercraft coverage pays your medical bills.

As a boat owner, you may want to add other coverage to your policy for towing, boat accessories, or special equipment. Speak with a licensed specialist today to learn about other available coverage options.

Actual Cash Value vs Agreed Value Coverage

When you purchase boat insurance, you may be able to choose between average cash value coverage or agreed value coverage.

What's the difference? Actual cash value takes depreciation into account and can make it difficult to replace a boat that has been stolen or destroyed. With an agreed value coverage policy, you don't need to worry about depreciation — even on a total loss — because you'll receive the value your boat was insured for.

Keeping you safe on the water and the road.

Ready for more insight? Read our Auto Insights blog.

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Kim T.

“I called about an inquiry I had about my homeowners insurance. The staff was very friendly. They went above and beyond to help me find solutions. Gave me a peace of mind. I would definitely recommend this company for your insurance needs…”

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“… been with Guided for well over 5 years and they have been great! The whole team is responsive and truly cares about you and finding you the best rates… Recommended to everyone looking for homeowners insurance.”

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“… was able to lower my monthly premiums for both Homeowners and Auto insurance while keeping the coverages the same… the process [was] quick and easy and I couldn’t be any happier…”

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“Eddie is phenomenal. He helped me secure two insurance policies. He realized I had been issued an incorrect policy by another company. He found a new one for me and saved me thousands of dollars in premiums. Highly recommend!”

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