[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.agilerates.com\/advice\/home\/boat-insurance\/#BlogPosting","mainEntityOfPage":"https:\/\/www.agilerates.com\/advice\/home\/boat-insurance\/","headline":"Does My Homeowners Insurance Cover Boats?","name":"Does My Homeowners Insurance Cover Boats?","description":"Homeowner\u2019s insurance policies and what they cover can be confusing. Quite often, what you think is covered is not (or only partially) and what you don\u2019t think is covered is. When it comes to watercraft and boat insurance, it can be even more confusing. Hopefully, after reading this, you will better understand what is and […]","datePublished":"2022-06-20","dateModified":"2023-04-19","author":{"@type":"Person","@id":"https:\/\/www.agilerates.com\/author\/mark-romero\/#Person","name":"Mark Romero","url":"https:\/\/www.agilerates.com\/author\/mark-romero\/","image":{"@type":"ImageObject","@id":"https:\/\/www.agilerates.com\/wp-content\/uploads\/2022\/06\/Mark-Romero-150x150.png","url":"https:\/\/www.agilerates.com\/wp-content\/uploads\/2022\/06\/Mark-Romero-150x150.png","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Agile Rates","logo":{"@type":"ImageObject","@id":"https:\/\/dev.agilerates.com\/wp-content\/uploads\/2019\/11\/unnamed.png","url":"https:\/\/dev.agilerates.com\/wp-content\/uploads\/2019\/11\/unnamed.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.agilerates.com\/wp-content\/uploads\/2022\/06\/Boat-Insurance.jpg","url":"https:\/\/www.agilerates.com\/wp-content\/uploads\/2022\/06\/Boat-Insurance.jpg","height":1067,"width":1600},"url":"https:\/\/www.agilerates.com\/advice\/home\/boat-insurance\/","about":["Home","Insurance Advice"],"wordCount":1055,"articleBody":"Homeowner\u2019s insurance policies and what they cover can be confusing. Quite often, what you think is covered is not (or only partially) and what you don\u2019t think is covered is. When it comes to watercraft and boat insurance, it can be even more confusing. Hopefully, after reading this, you will better understand what is and isn\u2019t covered under your homeowner\u2019s insurance policy.Table Of ContentsDoes Your Home Insurance Liability Cover Boating Accidents?Does Home Insurance Cover Boat Damage? Can You Get a Watercraft Endorsement On Your Home Insurance Policy? What Is Boat Insurance and Do You Need It? Boat Insurance FAQs Getting Boat Insurance Does Your Home Insurance Liability Cover Boating Accidents?Whether or not your homeowner\u2019s liability will cover a boating accident depends on the size of the boat and its engine.  In addition, it is probably not going to cover an actual collision accident.  You may need to purchase additional boat insurance for the best coverage.Size of boatMost homeowner\u2019s insurance policies will cover injury to someone on your boat or damage to stationary property you hit as long as the vessel is under 26 feet in length. The liability portion of your homeowner’s insurance policy doesn’t cover jet skis, but a separate policy gives you coverage.Personal WatercraftYour homeowner’s insurance doesn’t cover personal watercraft, like Jet skis or Waverunners. You will need to buy separate coverage to ensure you do not have to pay for damages or injuries involving your personal watercraft.Size of engineIf you have an inboard motor, the homeowner\u2019s policy will cover an accident if the motor is less than 50 horsepower. However, if it is an outboard motor, the horsepower must be under 25 for liability coverage.Does Home Insurance Cover Watercraft Damage?Most homeowner\u2019s policies cover up to $1,000 of damage to a boat or watercraft. Some policies do cover a bit more than that, but not much more. They cover things likeFireHailTheftVandalismEngine damageInjuries to someone on the boatIf your boat receives $5,000 worth of damage due to a hailstorm, your insurer will give you $1,000 toward the repairs. The rest comes out of your pocket if you don\u2019t have additional coverage or a special watercraft endorsement on your regular policy.You should talk with your agent to ensure what is and isn\u2019t covered under a regular homeowner\u2019s policy. Every company and policy can be different. In many cases, purchasing a separate policy for your boat and other watercraft would be better to ensure you are properly protected.Boat insurance deductibleKeep in mind that your homeowner\u2019s policy has a deductible amount. If this amount is more than $1,000, it does not make sense to file a claim as it may affect your policy overall.Can You Get a Watercraft Endorsement On Your Home Insurance Policy?It is possible to add a watercraft endorsement to your homeowner\u2019s policy. The endorsement will add to your insurance premiums, offering more protection than the homeowner\u2019s policy. What\u2019s a watercraft endorsement, and what does it cover?A watercraft endorsement is purchased to cover damages and injuries done to or by your boat. It is added to your regular homeowner\u2019s insurance policy. This endorsement will also provide coverage if you use a boat you do not own. It is not as comprehensive as a separate insurance policy but can help when your homeowner\u2019s policy does not provide enough protection.What Is Boat Insurance, and Do You Need It?Boat insurance is the complete form of coverage for watercraft. It provides liability protection if anyone is injured or you damage someone\u2019s property and coverage for damage to your vessel. You should consider boat insurance if you have an expensive or newer boat.Boat coverageHere are a few things boat insurance covers that a watercraft endorsement and your homeowner\u2019s policy usually do not:A blown engineDamage to the trailerDamage to the coverDamage to communication devicesOf course, you can make sure the policy covers everything you need it to cover. Remember that this policy will pay more for damages to your boat, to another boat you hit, and for injuries to anyone on your boat. It offers better protection and keeps more money in your pocket.Personal watercraftUnlike your homeowner\u2019s policy, even with a watercraft endorsement, a boat policy will cover personal watercraft. These include:Boats under 18\u2019 longJet skisSea-doosWaverunnersHowever, water skis being pulled behind a boat are not included. You are not covered if someone falls and is injured while water skiing.FAQsDoes home insurance cover my boat falling off the trailer?A homeowner\u2019s policy will cover your boat when it falls from the trailer. However, it will only cover a small amount. Usually, the coverage for boats is only $1,000.Can I claim my boat\u2019s motor on my home insurance policy?Home insurance policies cover up to $1,000 for damage to the boat\u2019s motor. For better coverage, a boat insurance policy is required.What causes a boat to be totaled?A boat is considered totaled for insurance purposes if it is damaged beyond repair or if the cost to repair it would be more than its value. Does my homeowner\u2019s insurance cover a boating accident?Your homeowner\u2019s policy will cover a boating accident that does not include a collision with another watercraft. However, if you hit something stationary, you should be covered.Does my home insurance cover people who are injured on my boat?Your homeowner\u2019s insurance covers liability for people injured on your boat. However, the amount may be limited to a portion of your homeowner\u2019s liability amount. You may want to up the liability coverage to ensure you are covered should someone be insured on your boat.Getting Boat InsuranceIf you have a small boat that is not worth much money, your homeowner\u2019s insurance policy may be enough to damage the vessel. This policy may also provide enough coverage if someone is injured on the boat. However, if you have a bigger or more powerful boat, you should look into boat insurance. Get quotes for home insurance policies and boat insurance today."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Advice","item":"https:\/\/www.agilerates.com\/advice\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Home","item":"https:\/\/www.agilerates.com\/advice\/\/home\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"Does My Homeowners Insurance Cover Boats?","item":"https:\/\/www.agilerates.com\/advice\/home\/boat-insurance\/#breadcrumbitem"}]}]