Powerboat Insurance

Don’t let rough waters capsize your peace of mind. When you’re pushing 50 knots with the wind in your hair, the last thing you need is doubt about what happens if things go wrong. IronPoint’s powerboat insurance protects what matters—your boat, your passengers, and your financial future—with coverage as powerful as your engine.

Unlike other insurers who treat your speedboat like a canoe, we understand the unique risks of high-performance watercraft. Get flexible protection options tailored to your exact vessel, with expert guidance that cuts through the confusion—all in less time than it takes to fuel up.

What Is Powerboat Insurance?

It’s your safety net when the unexpected happens on the water. Think of it as the difference between an expensive mistake and a covered incident.

Powerboat insurance steps in when your boat hits a submerged object, gets stolen from your dock, or when a passenger slips on your deck. It’s what keeps you from paying out-of-pocket when your prop tears through a sandbar or a guest gets hurt boarding.

Unlike car insurance, it’s not just about the vessel—it’s about the lifestyle it enables and the unique risks that come with power and speed on open water.

What Does Powerboat Insurance Cover?

When you’re investing in boat insurance coverage, you’re protecting against real situations that happen to real boaters every day:

Core Coverages

• Collision & Comprehensive Damage — When your hull cracks against a dock or lightning strikes your electrical system during a storm
• Bodily Injury & Property Damage Liability — When your wake capsizes a kayak or a passenger falls and needs surgery
• Medical Payments — When someone needs immediate medical attention after an accident on your boat
• Uninsured/Underinsured Boater Protection — When another boater damages your vessel but doesn’t have insurance to cover it

Optional Coverages

• Onboard Personal Property — Electronics, fishing gear, and personal belongings
• Trailer Coverage — Protection continues on the road to and from the water
• Towing & Emergency Assistance — When you’re stranded miles from shore with engine trouble
• Fuel Spill & Wreckage Removal — Cleaning up environmental damage can cost more than the boat itself
• Fishing or Watersport Equipment — Those high-end rods or wakeboard gear aren’t cheap to replace

Unique Coverage Highlights for Powerboats

We don’t just insure your boat—we understand what makes powerboating different:

• Agreed Value Coverage — No arguments over depreciation. If your boat is totaled, you get the full insured value, not what some adjuster thinks it’s worth today.

• No Depreciation on Partial Losses — We repair or replace damaged parts at today’s value, not what they cost when your boat was new.

• Emergency Assistance — Towing, jumpstarts, fuel delivery—help is just a call away when things go wrong miles from shore.

• High-Speed Claims Support — Our marine adjusters know the difference between a sterndrive and an outboard. No explaining basic boating concepts during claims.

Because a blown gasket at 50 mph deserves more than a hold-time and a voicemail.

Do I Need Powerboat Insurance?

You might not be required to have it—but you’ll wish you did the moment things go sideways.

Most states don’t legally mandate coverage for your powerboat, but that doesn’t mean you should go without. Marinas and lenders almost always require it, and with good reason.

The truth is, your homeowner’s policy likely caps boat coverage at $1,500 or excludes powerboats entirely. When you’re pushing serious horsepower across open water, the stakes are higher than most people realize—until it’s too late.

A single accident can lead to tens of thousands in damage or liability claims. Can you afford to pay that out-of-pocket? For most powerboat owners, the answer is a clear “no.”

How Much Does Powerboat Insurance Cost?

Protecting your investment is more affordable than you might think. Powerboat insurance cost typically starts around $100–$300 annually for basic liability coverage, while comprehensive protection varies based on:

• Boat Specifications — Size, engine type, and horsepower
• Location — Where you boat and store your vessel
• Usage — Weekend cruising vs. frequent high-speed runs
• Value — Purchase price and current market value
• Experience — Your boating history and safety certifications

Save on your premium with:

• Bundling with your home or auto policy
• Completing approved boating safety courses
• Seasonal lay-up discounts during winter months
• Installing safety and security equipment

What Types of Powerboats Can We Insure?

Whether you’re cruising with the family or pushing performance limits, we’ve got options for nearly every powerboat:

• Bowriders
• Bass boats
• Center consoles
• Cabin cruisers
• High-performance boats
• Pontoon boats with motors
• Jet boats

Some restrictions apply based on size, horsepower, or use. We’ll help you find the right fit.

How to Get a Powerboat Insurance Quote

Getting covered is simple. Have these details ready, and we’ll handle the rest:

• Boat year, make, and model
• Engine type (inboard, outboard, jet) and horsepower
• HIN (Hull Identification Number)
• Boating experience and safety course completion
• Trailer info (if applicable)

🟦 Get My Powerboat Insurance Quote

Why Boaters Choose IronPoint Insurance

When it comes to protecting your powerboat, experience matters:

• Access to multiple top marine carriers for competitive rates
• Transparent, tailored advice from boaters who understand your needs
• Claims support from real marine experts who speak your language
• Local knowledge with national resources to serve you wherever you dock