Boat Insurance
Southern California offers some of the best boating in the country. From Lake Elsinore and Lake Perris right here in Riverside County to the Pacific Coast and the Colorado River, there is no shortage of waterways to explore. Whether you own a fishing boat, a speedboat, a sailboat, or a personal watercraft, protecting your investment with the right boat insurance is something every boat owner should have before they hit the water.
At Ibrahim Insurance Agency in Corona, CA, we help boat owners throughout the Inland Empire find the right coverage for their vessel at a competitive price.
What Does Boat Insurance Cover?
Physical Damage Coverage
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Physical damage coverage pays to repair or replace your boat and its equipment if it is damaged or destroyed by a covered event. This includes collision damage, fire, theft, vandalism, sinking, and storm damage. Coverage applies both on the water and while your boat is stored on land or being trailered.
Liability Coverage
2
If you are involved in a boating accident that injures someone or damages another person's property, liability coverage pays for their medical expenses, property damage, your legal defense costs, and any settlements or judgments against you.
Medical Payments Coverage
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Medical payments coverage pays for medical expenses for you and your passengers if you are injured in a boating accident regardless of fault.
Uninsured Boater Coverage
4
If another boater without insurance injures you or damages your boat, uninsured boater coverage protects you from having to pay those costs out of your own pocket.
Personal Property Coverage
5
Personal property coverage protects fishing equipment, water sports gear, electronics, and other personal items kept on your boat.
Towing and Assistance
6
On-water towing coverage pays for emergency towing if your boat breaks down on the water. Without this coverage, a single tow can cost several hundred to several thousand dollars depending on how far you need to be towed.
Trailer Coverage
7
Many boat insurance policies include coverage for your boat trailer. Make sure your policy covers the trailer as well as the vessel.
Frequently Asked Questions
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Some homeowners policies provide very limited coverage for small boats, typically under 25 horsepower or under a certain value threshold. This coverage is usually not enough for most boat owners. A dedicated boat insurance policy provides much broader protection.
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Most policies cover navigating on inland waterways and coastal waters within a defined geographic area. If you plan to boat in specific locations, make sure your policy covers those areas. Ask your agent about your policy's navigation territory.
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Physical damage to the boat while trailering may be covered under your boat policy. Liability while trailering is typically covered by your auto insurance. Make sure you understand how coverage works in both situations.
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Coverage for named storms varies by policy and carrier. In Southern California this is less of a concern than in other coastal areas but it is worth confirming with your agent what weather-related events are covered.
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Yes. Some carriers offer seasonal policies or lay-up endorsements that reduce your premium during months when your boat is out of the water and in storage.