Boat & Yacht Coverage Boats and personal watercraft are big purchases, but if you love being on the water, you know they’re worth it. The Summit Group can help you protect your vessel in the way you want.
Like any major investment, boats and yachts need the right insurance coverage. Travelers marine team has developed specialized marine coverage to help meet those needs. So whether you have a boat, yacht, or an antique and classic runabout, you can cast off with confidence.
Boat and yacht policies can provide coverage for:
- Physical damage caused by a collision with a submerged object or another vessel
- Liability for bodily injury or damage to the property of others
- Damage to personal property on the boat
- Gas delivery, towing, and assistance if your boat gets stranded
Our boat insurance providers not only cover boats under 26 feet, we also have one of the few programs to provide coverage for antique and classic runabout boats. We also have yacht programs, which cover boats 26 feet or longer and provide even more comprehensive coverage and options.
Savings for hybrid or electric boats and more
Along with our competitive rates and custom coverage options, including the choice of an Actual Cash Value or Agreed Value policy, you could be eligible for an array of money-saving discounts and advantages based on factors like your boating education, your boat’s safety features, and the number of other policies you have. Hybrid boats and electric boats may also be eligible for even more savings.